Lagos Airport’s N712bn Revamp Targets World-Class Hub Status
Nigeria’s government is defending its decision to allocate ₦712 billion (approximately $500 million) toward demolishing and reconstructing the aging Terminal […]
African Business News
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Nigeria-Benin Pact to Boost Trade and Regional Integration
Nigeria and the Republic of Benin have solidified a new partnership to enhance cross-border trade and economic integration, marking a
Nigeria’s 2024 GDP Rebasing Hits N372.8T, CPPE Cites Economic Milestone
Nigeria’s economy has seen a pivotal update with the release of its rebased Gross Domestic Product (GDP) figures, a move
African Business News
Nigeria Presidency Denies Forced Resignation of NNPCL CEO
The Nigerian presidency has dismissed claims that the nation’s top oil executive was coerced into resigning, following speculation about pressure
African Business News
Nasarawa Becomes 12th Nigerian State to Regulate Power Under 2023 Act
Nasarawa State has joined a growing list of Nigerian states assuming control of their electricity markets under a nationwide decentralization
Nigeria’s NNPCL Audit Sparks Calls for Governance Reform, Transparency
A prominent energy expert has called for caution in assessing Nigeria’s state-owned oil company amid a multi-trillion-naira audit inquiry, stressing
BEDC Warns Electricity Theft Worse Than Kidnapping in Nigeria
A Nigerian power distribution firm has sparked sharp public discourse after likening electricity theft to kidnapping in severity, framing the
NNPCL ₦210T Audit: Expert Insights on Refinery Reforms and Transparency
Amid scrutiny over a staggering ₦210 trillion audit involving Nigeria’s state-owned oil giant, energy experts are urging nuanced dialogue to
Nigerian Petrol Prices Surge as Dangote Refinery, Depots Hike Ex-Depot Rates
Nigerian motorists are grappling with a sharp rise in petrol prices following adjustments to wholesale fuel rates by the country’s
NOGASA Urges Tinubu to Halt Dangote Fuel Distribution Over Job Loss Fears
A major Nigerian industry group has called for government intervention to halt a controversial fuel distribution strategy by Africa’s largest
African Business News
Heathrow’s £49B Expansion: Third Runway to Serve 150M Passengers Annually
London’s Heathrow Airport has announced a £49 billion ($65 billion) expansion plan, featuring a long-debated third runway, following years of
Dangote Refinery Names David Bird CEO for $20B Expansion Push
Nigeria’s Dangote Refinery, one of Africa’s largest oil refining projects, has appointed David Bird, former CEO of Oman’s Duqm Refinery,