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Month: September 2025

Home Archives for September 2025 Page 69
A 50-ton shea butter factory will be put into operation in Kwara.
Posted inBusiness

A 50-ton shea butter factory will be put into operation in Kwara.

A 50-ton shea butter processing plant in Kaiama, Kwara State, is scheduled to be put into service. It is said to be the largest state government-owned facility in Nigeria. By…
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Posted by Taiwo Ayomide September 3, 2025
Preliminary report on Abuja-Kaduna train accident ready in 23 days – NSIB
Posted inBusiness

Preliminary report on Abuja-Kaduna train accident ready in 23 days – NSIB

The preliminary report on the Abuja-Kaduna Train derailment at Asham Train Station has been released by the Nigerian Safety Investigation Bureau (NSIB). In addition to revealing this during a press…
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Posted by Taiwo Ayomide September 3, 2025
Biafra: According to an Abuja lawyer, the Finnish court ignored IPOB during Ekpa’s conviction.
Posted inNews

Biafra: According to an Abuja lawyer, the Finnish court ignored IPOB during Ekpa’s conviction.

According to Barr. Christopher Chidera, a human rights attorney based in Abuja, the Finnish court found self-styled IPOB Prime Minister Simon Ekpa guilty without mentioning the Indigenous People of Biafra,…
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Posted by admin September 3, 2025
BPE to list 2 DisCos, 1 GenCo on Nigerian exchange
Posted inBusiness

BPE to list 2 DisCos, 1 GenCo on Nigerian exchange

According to the Bureau of Public Enterprises (BPE), preparations to list two energy distribution companies (DisCos) and one generation company through an IPO on the Nigerian Stock Exchange have been…
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Posted by Taiwo Ayomide September 3, 2025
Osun Dep Gov calls for unity in the face of a no-confidence vote
Posted inNews

Osun Dep Gov calls for unity in the face of a no-confidence vote

Kola Adewusi, the deputy governor of Osun State, has urged all PDP members in the Ife Federal Constituency to permit the party's leadership to mediate a prompt and peaceful conclusion…
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Posted by admin September 3, 2025
Tinubu lost in Lagos, no man’s land, according to presidential aide Bwala
Posted inNews

Tinubu lost in Lagos, no man’s land, according to presidential aide Bwala

Lagos State is a no-man's land, according to Daniel Bwala, President Bola Tinubu's special adviser on policy communication. Bwala clarified that even though Tinubu is from Lagos State, he lost…
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Posted by admin September 3, 2025
Nigeria’s agri-tech platform receives N11.4 billion from a British investor.
Posted inBusiness

Nigeria’s agri-tech platform receives N11.4 billion from a British investor.

In order to increase food security and climate resilience for smallholder farmers in Northern Nigeria, the British International Investment (BII), the UK's development finance organization, announced on Tuesday a $7.5…
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Posted by Taiwo Ayomide September 3, 2025
The $3.5 billion petrochemical and brass fertilizer plant will start in October.
Posted inBusiness

The $3.5 billion petrochemical and brass fertilizer plant will start in October.

According to Chief Ben Okoye, Managing Director of the Brass Fertilizer and Petrochemical Company, the $3.5 billion project will begin construction in October of this year. Chief Okoye clarified that…
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Posted by Taiwo Ayomide September 3, 2025
How Nigeria’s oil production would be enhanced by new exploration licenses
Posted inBusiness

How Nigeria’s oil production would be enhanced by new exploration licenses

The Production Sharing Contract (PSC) for the Oil Prospecting Licence (OPL) 2001 and 2002 was recently completed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The licenses cover 2,000 square…
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Posted by Taiwo Ayomide September 3, 2025
Experts see naira stability as CBN injects an additional $50 million.
Posted inBusiness

Experts see naira stability as CBN injects an additional $50 million.

According to analysts, the naira would likely stay steady for some time after what they have dubbed "robust Foreign Exchange (FX) liquidity and an efficient FX market." In particular, because…
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Posted by Taiwo Ayomide September 3, 2025

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