September 19, 2025

Business

Business

Fuel Crisis and Strategic Diplomacy Between Niger and Nigeria.

Niger Republic is currently in the grip of a severe fuel crisis, prompting its government to turn to Nigeria for assistance despite recent diplomatic tensions. A delegation from Niger’s military junta recently visited Abuja to seek support. Following negotiations, Nigeria agreed to supply 300 trucks of petrol, a gesture that officials described as a “strategic

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Business General

JMG Advocates for Renewable Energy in Engineering and Sustainability Efforts

JMG Limited, a leading provider of electro-mechanical solutions in Nigeria, has reaffirmed its commitment to renewable energy as a key driver of sustainable development. The company joined the global community in marking World Engineering Day for Sustainable Development, emphasizing the crucial role of engineers in achieving the Sustainable Development Goals (SDGs). This year’s theme, “Unleashing

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Business

Dangote Refinery Lowers Petrol Price Amid Competitive Market Trends

Dangote Petroleum Refinery has announced a further reduction in the loading cost of petrol, lowering it from N825 per litre to N815 per litre on Thursday. The move intensifies competition in Nigeria’s downstream sector, prompting shifts in market dynamics. Industry reports indicate that marketers are capitalizing on the N10 price reduction, choosing to source directly

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Business

Abia State Partners with ipNX to Advance Digital Connectivity and Economic Growth.

The government of Abia State has forged a strategic partnership with ipNX, one of Nigeria’s leading information and communications technology (ICT) companies, to bolster digital connectivity and accelerate the state’s burgeoning digital economy. This collaboration aims to position Abia as a hub for technological innovation and economic development. The partnership, announced on Thursday, represents a

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Business

Government to Deploy 7,000 Telecom Towers in Public-Private Partnership.

The Federal Government has announced plans to collaborate with the private sector to roll out 7,000 telecommunications towers starting next year. This initiative aims to expand network coverage and enhance digital connectivity across Nigeria. Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, shared this development during a stakeholder engagement session organized by

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Business

Vandalized Towers Leave Rivers and Bayelsa in Blackout.

The Transmission Company of Nigeria (TCN) has reported the vandalism of four towers along the Owerri-Ahoada 132kV Double Circuit line. The affected towers, numbered T171 to T174, collapsed around 6:23 pm on Tuesday, March 11, 2025, disrupting power supply to the Ahoda, Gbarain, and Yenagoa 132kV transmission substations. This incident has left parts of Rivers

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Business General World

How New Nigeria’s Millionaires’ Class Emerges

14/03/2025 Lagos, Nigeria – Nigeria’s new set of millionaires are emerging from non-traditional sources and means of wealth creation.  A new report by Cowrywise reveals that a fresh wave of High-Net-Worth Individuals (HNIs) that are emerging in Nigeria, are deriving their riches from technology, fintech, and the creative industry.  Unlike the traditional avenues synonymous with

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Business

FG And Foreign Airlines Initiate Discussions On Rising Airfares.

The Federal Government, through the Minister of Aviation and Aerospace Development, Festus Keyamo, has announced ongoing efforts to address the high cost of air tickets for both domestic and international travel, while also enhancing airport safety and security. Keyamo made these remarks during the Ministerial Press Briefing on Thursday in Abuja. Addressing the issue, he

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Business

Over $1m undeclared SR135,900 Intercepted By Customs at Kano airport

The Nigeria Customs Service has intercepted $1.154m and 135,900 Saudi Riyals as undeclared foreign currency at the Mallam Aminu Kano International Airport. It announced this on Thursday in a statement issued by the Customs National Public Relations Officer, Abdullahi Maiwada. Maiwada said the seizure was made recently during a routine baggage check on an inbound

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Business

TARIFF UNDER REVIEW AS FIPAN PROMISES TO LOWER EGG PRICES –

The Feed Millers Industry Practitioners Association of Nigeria has assured the country that the price of eggs will soon drop as the cost of poultry feeds continues to decline. Making this disclosure in a statement, National President of FIPAN, Dr. Ayoola Oduntan, attributed the development to the Federal Government’s agricultural policies, which, according to him,

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