Dangote Signs $400m Equipment Deal To Fast-Track Refinery Expansion
Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery,...
AIICO, others get PenCom approval for govt contracts
The National Pension Commission (PenCom) has granted a certificate of compliance to AIICO Insurance Plc and other 190 firms to seek Federal Government contracts this...
Naira Strengthens As Pound Falls Below ₦2,000 Mark In Friday Trading
The British Pound Sterling (GBP) slipped further against the Nigerian Naira (₦) during Friday morning trading on February 6, 2026, as the local currency...
Middle East War Dims Global Economic Outlook, Says IMF
The International Monetary Fund (IMF) has warned that the ongoing war in the Middle East is casting a shadow over the global economy, threatening...
Group Condemns Destruction Of Ship With 800,000 Barrels Of Stolen Crude Oil
The Health of Motherland Foundation, HOMEF, has condemned the recent destruction of a vessel loaded with 800,000 barrels of stolen crude oil by a...
Equity Investors Lose N4.9trn, As market Uptrend Reverses
The Nigerian stock market reversed its upward trajectory last week with investors losing over N4.915 trillion of their investment listed on the Nigerian Exchange...
Refineries Can’t Start Working Now — Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the country’s moribund refineries cannot be quickly restored. Speaking in Abuja on Tuesday when he appeared before the House of Representatives ...
Pound To Naira Exchange Rate Today, June 16, 2026
The Nigerian naira traded mixed against the British pound sterling on Tuesday, June 16, 2026, across the official Nigerian Foreign Exchange Market (NFEM) and...
UAE To Support Africa’s Clean Energy Projects With $4.5 Billion
The UAE has pledged $4.5 billion in a financial initiative to fast-track clean-energy projects in Africa. This is according to COP28 President-Designate Sultan Al Jaber,...
“N11,000 Flight Charge No Longer Realistic” – FG
The Director-General of the Nigerian Airspace Management Agency (NAMA), Farouk Umar, has warned that the N11,000 charge currently imposed on airlines per flight is...
