Tinubu backs Mastercard plan, says Nigerian youths ready for global digital economy
President Bola Tinubu has assured global investors that Nigeria’s youthful population is ready to compete and integrate into the global economy, describing the country's young people as tech-savvy, adaptable and…
May report: Dangote supplies 87.55% of petrol, diesel imports collapse
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that Dangote Petroleum Refinery supplied 87.55 per cent of Nigeria’s petrol needs in May 2026, reinforcing its dominant position…
Oil prices drop further, Asian stocks rally as US-Iran peace deal takes effect
Oil prices fell on Thursday while major Asian stock markets surged after the United States and Iran signed an interim peace agreement aimed at ending months of conflict and restoring…
Dangote returns to Olokola, plans Nigeria’s largest industrial zone in Ondo
President of the Dangote Group, Aliko Dangote, has announced plans to return to the Olokola Free Trade Zone (OKFTZ) in Ondo State, more than a decade after shelving an earlier…
Oil falls to around $80 per barrel as US-Iran deal eases supply fears
Global oil prices dropped sharply on Monday after the United States and Iran announced a framework agreement to end their conflict and reopen the strategic Strait of Hormuz shipping route.…
Britain moves to block under-16s from TikTok, Instagram, others
British Prime Minister Keir Starmer has announced a sweeping ban on social media use for children under the age of 16, marking one of the toughest online safety measures introduced…
Musk becomes world’s first trillionaire after SpaceX IPO
Elon Musk has become the world's first trillionaire following the successful public listing of SpaceX on Friday, marking an unprecedented milestone in global business history. The billionaire entrepreneur, who was…
Lagos Multi-Sector Trade Fair: Govt highlights economic opportunities, urges collaboration for economic success
The Lagos State Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs Folashade Ambrose-Medebem, has highlighted the significance of the Lagos Multi-sector Trade Fair in an increasingly interconnected world, where economic…
Nigeria’s FX reserves surge to $50.11bn, highest in 17 years
Nigeria’s external reserves have climbed to $50.11 billion as of June 5, 2026, marking their highest level in 17 years, according to data from the Central Bank of Nigeria (CBN).…
AGPC MD seeks stability, infrastructure to boost domestic gas
The Managing Director of ANOH Gas Processing Company (AGPC), Mr. James Makinde, has called for reforms in Nigeria’s domestic gas sector, stating that regulatory stability, infrastructure development, and contract sanctity…
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