Nigeria eyeing food sufficiency with PPP
The Minister of Information and National Orientation, Mohammed Idris, has disclosed that the Federal Government…
Nigeria eyeing food sufficiency with PPP
The Minister of Information and National Orientation, Mohammed Idris, has disclosed that the Federal Government is working closely with state governments and the private sector to scale up investments in agriculture and achieve self-sufficiency in food production. The Minister, according to a statement by his media aide, Rabiu Ibrhim made the disclosure on Tuesday during…
Wema Bank gives womenpreneurs with ₦2m
Wema Bank has reaffirmed its commitment to women’s empowerment by announcing a ₦2 million business grant through its women-focused platform, SARA by Wema, in partnership with the SheCan Conference. The announcement comes ahead of SheCan 6.0, scheduled to hold on Friday, July 18, 2025, at Balmoral, Federal Palace Hotel, Lagos, where over 7,000 women are…
Abuja court voids arbitration proceedings against Aiteo E&P in Tempo Energy suit
The Federal Capital Territory (FCT) High Court in Abuja has nullified the arbitration proceedings at the International Chamber of Commerce (ICC), London, instituted against indigenous energy giant, Aiteo Eastern E&P Company Limited, by a group of lenders that partly financed its acquisition of OML 29, declaring its conduct a violation of the injunctive orders of…
Prime Startups states commitment to business growth
A tech firm, Prime Startups, has stated its commitment to helping innovative ideas grow to commercial success, saying that is where true, sustainable impact lies. It said it has evolved from just ecosystem builders to dedicated growth accelerators and strategic partners. Partner at Prime Startups, Olumide Olayinka, who spoke during a press parley at the…
Nigeria’s oil rigs hit 46
Nigeria’s crude oil rigs increased from 44 of last week to 46 yesterday, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Its Chief Executive, Gbenga Komolafe, an engineer, made this known in Abuja during the Strategic Workshop for Media Practitioners organised by the NUPRC Public Affairs and Corporate Communications Unit. He said: “And again,…
Dangote refinery plans 1.6m barrels fuel storage tanks in Namibia
Nigeria’s Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline and diesel to supply refined fuel to southern Africa, two sources told Reuters yesterday. The move underscores the refinery’s ambition to dominate fuel supply in Africa and beyond, potentially reshaping energy trade flows in the region…
BINL earmarks $15b for new 500,000bpd refinery in Ondo
A private entity, Backbone Infrastructure Nigeria Limited (BINL), has expressed its readiness to build $15 billion 500,000 barrels per day (bpd) refinery and establish a Free Trade Zone (FTZ) in Ondo State. It said it has concluded plans to construct and operate the plant at the Sunshine Industrial Park in Ogboti, Eruuna and Sunshine FTZ…
Bolt unveils new security measures
Ride-hailing platform, Bolt, has reinforced its commitment to safety for both riders and drivers by rolling out news security measures. It unveiled the safety measures during its Bolt Public Safety Summit in Lagos. This follows the success of its Global Safety Campaign in December 2024. The summit followed a Safety Press Briefing earlier at the…
Tinubu’s reforms boosting Nigeria’s economic recovery
The Minister of Information and National Orientation, Mohammed Idris, has said the Nigerian economy is steadily improving meaning that the economic reforms of President Bola Tinubu are working. Idris spoke in Abuja while receiving members and newly elected executives of the Nigerian Guild of Editors during a courtesy visit to his office. He said the…
