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Partial fuel subsidy to wipe off 4.0% GDP, elevate fiscal risks, shake investor confidence
• Intervention to linger through Jan elections __BMI Global economic advisory firm, BMI, has warned that the presidential intervention in the liberalized and commercially deregulated fuel market would form a major setback in the country’s economic recovery agenda. BMI which…
Dangote plans new growth target beyond $100bn Vision 2030
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has declared that the conglomerate is reconsidering its $100 billion Vision 2030 target, with plans to unveil a more ambitious growth strategy in January as its expanding industrial investments reshape…
Nigeria unveils 10-year capital market plan, national savings scheme to drive $1tn economy
Nigeria has unveiled a 10-year capital market development roadmap and a national savings plan designed to mobilise domestic resources, attract international investment and strengthen the country’s capacity to finance its ambition of building a $1 trillion economy by 2030. The…
UK, Nigeria strengthen cooperation on migration, security, justice
The United Kingdom and Nigeria have agreed on new measures to strengthen cooperation on migration management, justice and security, building on commitments made during President Bola Tinubu’s State Visit to the UK in March 2026. The agreement was reached at…
When economic correction becomes social exposure
[Sola Adebawo] Some reforms do not fail because they are economically unsound. They fail because they arrive faster than society can carry them. In policy circles, adjustment is often described as necessary correction. But outside those circles, what citizens experience…
Sahara Group engages W/African journalists on deeper energy reporting
Integrated energy company, Sahara Group, has called on energy journalists to go beyond reporting sensational catch phrases to deepening public understanding of issues affecting figures that shape market sentiments. The company pointed at production figures, fuel price adjustments and infrastructure…
The Avuru phenomenon: Building Vaaris into another energy giant
Sopuruchi Onwuka Acquisition of Shell Nigeria Gas and proposed takeover of TotalEnergies’ Renaissance stake form two critical accomplishments that very few industry investors could pursue at a time acute liquidity squeeze, stringent regulatory demands, and continuously shifting partnerships. Vaaris Energy…
NAE awards 30 Nigerians PG scholarships, deepens skills devt.
Over 3,000 applicants competed for 30 awards as Eni subsidiary sustains 19-year investment in specialised training, with 380 graduates benefiting from the scheme to date. Nigerian Agip Exploration Limited (NAE), a subsidiary of Italian energy company Eni, has awarded postgraduate…
Seplat’s Tree4Life: Planting million trees for climate resilience, sustainability
As the global campaign against climate change gathers momentum, Seplat Energy Plc is strengthening its environmental sustainability efforts through a reforestation initiative that seeks to restore degraded landscapes, protect biodiversity and create economic opportunities for host communities. Seplat Energy Plc…
Beyond gas, NLNG’s Prizes turn creativity, innovation into national assets
Sopuruchi Onwuka With significant $220,000 or some N300 million on the table, the Nigerian Prizes for Science, Literature and Creative Arts have spurred innovations and creative writings that have not only explored deeper for solutions to Nigeria’s problems but also…
