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DAPPMAN accuses Dangote Refinery of plotting private monopoly in fuel market
Responding to the recent lawsuit filed against the Federal Government by the Dangote Refinery over the former’s decision, last week, to license six companies to import petrol, the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has accused the Dangote…
Lagos clamps down on 15 money lending firms over infractions
Lagos Government says it has sanctioned at least 15 money lending companies for breaching operational regulations and engaging in activities considered harmful to their customers. This is also as the government disclosed that it renewed the existing operational licences of…
Dangote drags FG to court over fresh petrol import licenses
Barely days after the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) resumed the issuance of petrol import licences to petroleum marketers, the Dangote Refinery has dragged the federal government to court over what it termed ‘policy inconsistency.’ It would be…
Naira devaluation responsible for Nigeria’s rising debt— FG
Nigeria’s debt sustainability concerns are driven more by elevated interest rates and exchange rate volatility than excessive new borrowing, according to a report by The Briefing – Macro & Markets. This is just as the Minister of Finance and Coordinating Minister…
UTM FLNG project, bid round set to deepen investment flow into Nigeria’s energy sector
Ziggy Ojiegbe Nigeria’s energy sector is positioning for a fresh wave of global investment as the combination of the country’s first Floating Liquefied Natural Gas (FLNG) project and upcoming upstream licensing rounds is expected to stimulate ancillary industrial activities, unlock…
Shell Nigeria Gas deepens gas adoption, boosts industrial competitiveness
Frank Okon Shell Nigeria Gas has intensified efforts to position natural gas as a critical driver of industrial competitiveness and domestic manufacturing growth, as it hosted a Business and Investment Forum in Port Harcourt aimed at encouraging manufacturers and investors…
Nigeria Prize for Science records historic 237 entries after NLNG mobilizes global innovators for Nigerian solutions
The 2026 edition of The Nigeria Prize for Science and Innovation has recorded its highest number of submissions since inception, with organisers receiving a record 237 entries as interest grows around the country’s evolving technology and innovation ecosystem. The submissions…
ALDG’s Business Forum 2026 focuses on ‘Advancing Nigeria’s Gas Distribution Agenda’
The Association of Local Distributors of Gas (ALDG) has announced plans to host the second edition of its flagship Business Forum at the PTDF Building in Abuja, as stakeholders across Nigeria’s gas value chain intensify conversations around domestic gas utilization,…
Nigeria’s total public debt to hit N160.98tn, as fresh $1.25bn World Bank loan nears approval
As a fresh World Bank loan by the federal government nears approval, the country’s total public debt profile is now projected to reach N160.98 trillion. This figure is sharp rise from the N87.38 it stood, as at the assumption of…
PoS transactions set to hit N8.96trn in May
Point-of-Sale (PoS) transactions in Nigeria are set to reach N8.96 trillion by the end of May 2026, rebounding from a slight 1.82 per cent dip suffered in April, this year. According to payment system data, PoS transactions stood at N7.70…
