Tag: Business
Dangote Emerges Big Winner From US Iran Tensions, WSJ Reports
The Wall Street Journal has reported that Dangote Petroleum Refinery is reaping significant benefits from its investment strategy…
NRS Collects N21.6tn in H1 2026 as Tax-to-GDP Ratio Rises to 13 Per Cent
Nigeria's Revenue Service (NRS) collected N21.6 trillion in the first half of 2026, representing a 49 per cent…
Ogun Attracts $100m Oil Palm Investment as Kwara Garment Factory Hits 2,000 Jobs
Ogun State attracted an initial $100 million investment from PRESCO PLC to expand oil palm cultivation and processing…
Dangote Eyes $46bn Africa Expansion as Congo Oil Firm Seeks Supply Partnership
The Dangote Group disclosed plans to invest an additional $46 billion between 2026 and 2028 across its refining,…
First Lady Tinubu’s Akara Comment Sparks Public Debate
Comments by First Lady Oluremi Tinubu about akara sellers and small business leadership triggered a spirited national debate…
Petrol Price Still N1,200 Despite Crude Falling Below $70 Per Barrel
The Federal Government on Sunday warned petrol marketers against profiteering and urged an immediate reduction in pump prices,…
FG Says No Nation Can Develop External Dependence Alone
The Federal Government of Nigeria declared on Wednesday that no nation in the world could successfully finance its…
Dangote Dismisses Allegations Products of Re-Imported From Togo
The Dangote Petroleum Refinery and Petrochemicals on Wednesday dismissed as false, misleading, and lacking any commercial or operational…
Naira Steady as Telecom Operators Dismiss Fears of Tariff Hike
The Nigerian naira traded at relatively stable levels against the US dollar on Tuesday, June 23, 2026, across…
Nigeria Faces N13Trn Revenue Risk as Strait of Hormuz Reopens
Nigeria faces a potential revenue shock of up to N13 trillion in the remaining months of 2026 as…
New Minister Taiwo Oyedele Signals Shift in Nigeria’s Fiscal Policy
The appointment of Taiwo Oyedele as Nigeria's new Finance Minister has been widely interpreted by economists, tax practitioners,…
NGX Gains 50% in 2026 as Energy Sector Surges 111%
The Nigerian Exchange All-Share Index has gained approximately 50 per cent year-to-date in 2026, with the energy sector…
