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Busines

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A company starts a gas processing facility project in Delta.
Posted inBusines

A company starts a gas processing facility project in Delta.

The formal groundbreaking ceremony for SPL Utorogu Limited's gas processing plant project in Utorogu, Delta State, was successfully held. SPL Utorogu Limited is an indigenous energy firm that focuses on…
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Posted by Taiwo Ayomide April 16, 2026
Due to the increase in aviation fuel prices, airlines have threatened to stop operations.
Posted inBusines

Due to the increase in aviation fuel prices, airlines have threatened to stop operations.

Following a substantial increase in the cost of aviation fuel, domestic airlines in Nigeria have threatened to halt operations starting on Monday, April 20, 2026, sparking concerns about a possible…
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Posted by Taiwo Ayomide April 16, 2026
FCMB supports the Ibadan festival to strengthen the local economy.
Posted inBusines

FCMB supports the Ibadan festival to strengthen the local economy.

Using venues like the Ibadan Cultural Festival, First City Monument Bank (FCMB) is utilizing culture as an economic engine to assist small businesses, increase financial inclusion, and link regional companies…
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Posted by Taiwo Ayomide April 16, 2026
Nigerians Use 47.3 Milliliters of Fuel While Imports Reach 5.9 Milliliters
Posted inBusines

Nigerians Use 47.3 Milliliters of Fuel While Imports Reach 5.9 Milliliters

In March, the amount of Premium Motor Spirit (PMS), commonly referred to as gasoline, imported into Nigeria rose by nearly 100% to 5.9 million liters per day. The amount was…
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Posted by Taiwo Ayomide April 15, 2026
Nigeria’s growth rate is lowered by the IMF from 4.4% to 4.1%.
Posted inBusines

Nigeria’s growth rate is lowered by the IMF from 4.4% to 4.1%.

Nigeria's GDP growth prediction for 2026 was lowered by 0.3 percentage points, from 4.4% to 4.1%, by the International Monetary Fund (IMF). Citing growing domestic and international pressures, the IMF…
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Posted by Taiwo Ayomide April 15, 2026
Why Nigeria Still Doesn’t Meet Its OPEC Quota
Posted inBusines

Why Nigeria Still Doesn’t Meet Its OPEC Quota

According to Daily Trust, for the past eight months, the Nigerian National Petroleum Company Limited and its upstream industry partners have failed to meet the 1.5 million oil production limit…
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Posted by Taiwo Ayomide April 15, 2026
Stakeholders call on FG to halt the National Single Window due to port bottleneck.
Posted inBusines

Stakeholders call on FG to halt the National Single Window due to port bottleneck.

Citing significant interruptions to port operations and commercial activity, Kayode Farinto, a former Acting National President of the Association of Nigerian Licensed Customs Agents, has urged the Federal Government to…
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Posted by Taiwo Ayomide April 14, 2026
At NOG Week 2026, world leaders will increase energy investment.
Posted inBusines

At NOG Week 2026, world leaders will increase energy investment.

The 25th anniversary of NOG Energy Week 2026 will bring together global energy leaders, politicians, and investors in Abuja, with a particular emphasis on increasing investment, fortifying infrastructure, and boosting…
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Posted by Taiwo Ayomide April 14, 2026
Power outage: NERC will permit community mini-grids
Posted inBusines

Power outage: NERC will permit community mini-grids

A recent directive from the Nigerian Electricity Regulatory Commission (NERC) permits developers to build mini-grids and linked mini-grids in areas where electricity distribution companies (DisCos) do not provide service. The…
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Posted by Taiwo Ayomide April 14, 2026
IMF gatherings: Edun leads the Nigerian delegation and advocates for international assistance
Posted inBusines

IMF gatherings: Edun leads the Nigerian delegation and advocates for international assistance

Nigeria's delegation to the 2026 Spring Meetings of the World Bank and International Monetary Fund in Washington, D.C., is being led by Wale Edun, Minister of Finance and Coordinating Minister…
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Posted by Taiwo Ayomide April 14, 2026

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