Dangote Sugar Plans N500bn Rights Issue to Strengthen Capital Base
Dangote Sugar Refinery Plc has announced plans to raise up to ₦500 billion through a Rights Issue, subject to regulatory...
Oil Prices Surge as Iran Re-Closes Strait of Hormuz Amid Renewed Middle East Tensions
Global oil prices surged on Monday after Iran re-closed the strategic Strait of Hormuz, escalating tensions in the ongoing Middle...
TCN Declares Force Majeure on Ikeja West–Osogbo 330kV Line After Storm Topples Tower
The Transmission Company of Nigeria (TCN) has declared a force majeure on the Ikeja West–Osogbo 330kV transmission line after a...
NMDPRA Assures 74-Day Aviation Fuel Supply, Dismisses N3,300 Price Claim
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reassured stakeholders in Nigeria’s aviation industry that the country currently...
FG Committed to Creating Enabling Environment for Businesses – SMEDAN DG
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, has reaffirmed the Federal Government’s...
BOI, RMRDC Partner to Strengthen Agricultural Value Chains and Boost Nigeria’s GDP
The Bank of Industry (BOI) and the Raw Materials Research and Development Council (RMRDC) have signed a strategic partnership agreement...
FCCPC Denies Banning Airtime Borrowing, Data Advance Services in Nigeria
The Federal Competition and Consumer Protection Commission (FCCPC) has dismissed claims that it banned airtime borrowing and data advance services...
REA Hails New NERC Mini-Grid Regulations as Major Boost for Renewable Energy Expansion
The Managing Director of the Rural Electrification Agency(REA), Abba Aliyu, has praised the newly released mini-grid regulations issued by the...
Nigeria Consumes 4.93bn Litres of Petrol in Q1 2026 Despite March Demand Drop
Nigerians consumed about 4.93 billion litres of Premium Motor Spirit (petrol) in the first quarter of 2026, according to an...
FG Raises Alarm Over Fire Incidents Linked to Poorly Installed Rooftop Solar Systems
The Federal Government has raised concerns over the increasing number of fire incidents linked to improperly installed rooftop solar photovoltaic...
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