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The World Bank has reimbursed Nigerian states $695 million for projects carried out under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) programme, while state governments have themselves invested a…
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Ngozi Okonjo-Iweala | Image: FABRICE COFFRINI-AFP via Getty Images The World Trade Organisation (WTO) Director-General, Dr Ngozi Okonjo-Iweala, has urged Africa to fundamentally rethink its development trajectory and move away from aid…
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• Facility targets 700,000bpd in 2026, CNG trucks to create 24,000 jobs Aliko Dangote at the Dangote Refinery President of Dangote Group, Aliko Dangote, yesterday declared that his $20 billion refinery had broken Nigeria’s 50-year…
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The Dangote Petroleum Refinery has officially rolled out over 1,000 Compressed Natural Gas-powered trucks for its direct distributionof Premium Motor Spirit (PMS). The refinery had announced in August that it had received the first…
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The Chairman of the National Sports Commission (NSC), Shehu Dikko, has clarified that the primary duties of the commission does not include deciding the fate of the Super Eagles’ head coach, Eric Chelle. He said the decision on…
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Former Vice President of Nigeria, Atiku Abubakar has taken to his official X account on Monday, September 15, 2025 to react as members of the Board of NNPC Limited faces redundancy after President Bola Tinubu authorizes the amendment…
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The President of Botswana, His Excellency Advocate Duma Gideon Boko has announced the creation of a new Botswana Sovereign Wealth Fund Limited with a Nigerian, Farouk Gumel as inaugural Chairman of its Board of Directors. Gumel is…
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According to a report by The Punch on Monday, September 15, 2025, the Dangote Petroleum Refinery is set to launch its direct fuel distribution scheme with a fleet of over 1,000 Compressed Natural Gas (CNG) trucks, a move aimed at…
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Crude oil prices rallied yesterday with slight gain to begin the week on a positive. While the Brent crude traded at $66.99, recording a gain of $0.62 or 0.93 per cent, the West Texas Intermediate (WTI), also gained $0.32, or 0.51 per…
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Femi Falana, a Senior Advocate of Nigeria (SAN), has stated that since the federal government removed fuel subsidy, the money shared among the three tiers of government has increased greatly. He said the statutory allocations, which…
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