Despite the fluctuations in global crude oil prices, Dangote Petroleum Refinery and Petrochemicals, yesterday assured that it will ensure a stable price of the commodity. The company, in a release, signed its Group Chief Branding and Communications Officer, Anthony Chiejina, said the decision to maintain price stability reflects its unwavering commitment to supporting the Nigerian…
A new tech firm, Dyna.Ai, at the weekend made its Nigeria debut in Lagos, promising jobs, infrastructure, scale innovation and investment in local talent development. Dyna.Ai which is a global leader in AI-as-a-Service (AIaaS), said it is entering the continent with Nigeria launch because there is no bigger country in Africa, adding that it (Nigeria)…
Concerned parents and youth-focused anti-tobacco advocates have urged the Federal Government to take urgent action against the alarming rise in e-cigarette and flavoured vape use among teenagers in Nigeria. Voices for Tobacco Control, an advocacy group, is calling for immediate restrictions on the sale of e-cigarettes, vapes, and flavoured tobacco products to minors. They are…
Nigeria has ratified and adopted a road map for the Nigerian Electricity Supply Industry (NESI) by approving the National Integrated Electricity Policy( NIEP). The policy which had been ready since December 2024 and submitted to President Bola Ahmed Tinubu was ratified on Monday at the weekly Federal Executive Council (FEC) meeting. The policy is a…
The Federal Executive Council (FEC) on Monday approved Nigeria’s full membership of the Asian Infrastructure Investment Bank (AIIB) as a non-regional member, marking a significant milestone in the country’s international economic engagement. The Council also approved the transmission of a bill to the National Assembly to establish the National Cocoa Management Board, in a bid…
The Federal Government has directed the Economic Management Team (EMT) to chart a fresh path for Nigeria’s economic future, targeting a medium-term growth rate of seven per cent. This next phase of the economic roadmap is expected to focus on unlocking rapid and sustained inclusive growth, anchored on a mix of fiscal discipline, investment incentives,…
The Federal Ministry of Livestock Development has unveiled plans to scale Nigeria’s national livestock herd to 398.9 million through a structured feed and fodder policy aimed at transforming the sub-sector. Speaking at the validation workshop for the National Animal Feed and Fodder Policy held in Abuja, Minister of Livestock Development, Idi Maiha, emphasised the strategic…
The global crude oil market continues its turbulent descent, driven largely by the unpredictable tariff regime of United States (U.S) President Donald Trump, with rippling effects now hammering Nigeria’s oil-dependent economy, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Speaking at the State House yesterday during the Meet-the-Press series organised by the…
Chairman Senate Committee on Solid Minerals Development, Senator Ekong Sampson, has said the 10th Senate will closely monitor and ensure judicious use of the N1 trillion earmarked in the 2025 budget to revive and boost the solid minerals’ sector. Senator Sampson, representing Akwa Ibom South spoke yesterday while on an oversight to Mining Sites in…
