Nigeria has recorded a major boost in its international oil trade after selling approximately $578 million worth of crude oil to United States, one of the world’s largest energy consumer markets. The development marks a significant moment for Nigeria’s oil sector as the country continues efforts to strengthen foreign exchange earnings, expand export markets, and…
The Federal Competition and Consumer Protection Commission (FCCPC) has dismissed widespread claims that it banned airtime borrowing and data advance services in Nigeria, describing the reports as false and driven by vested interests seeking to mislead the public. In a statement issued on Friday, the commission said it neither cancelled nor prohibited such services, contrary to viral…
Political and economic reforms are gathering pace in Nigeria, as intensifying public debate over governance and revenue transparency pushes the issue to the forefront of national discourse. From policy circles in the capital to conversations on the streets, there is a growing demand for accountability in how public funds are generated, managed and distributed. Recent…
Aliko Dangote is reportedly advancing an ambitious $40 billion investment strategy aimed at scaling industrial capacity and deepening infrastructure-led growth across Africa, signalling one of the continent’s most significant private-sector expansion drives in recent years. The programme, anchored by the Dangote Group, is expected to build on the group’s established footprint in cement, fertiliser, petrochemicals,…
African governments are intensifying efforts to strengthen regional trade through the African Continental Free Trade Area (AfCFTA), a landmark initiative aimed at creating the world’s largest free trade market by connecting more than 50 nations across the continent. By facilitating easier cross-border commerce, policymakers hope to transform Africa’s economic landscape, stimulate industrial growth, and reduce…
The incident occurred in the early hours of Tuesday in Kampani Zurak community, located in the Wase area of Plateau state, police spokesman Alfred Alabo said in a statement. “Preliminary investigation revealed that the miners were affected due to a sudden discharge of lead oxide and other associated gases like sulphur and carbon monoxide which…
Nigeria’s Chief of Defence Staff, General Christopher Musa, has defended the military’s operations against insurgents and criminal gangs, amid increasing scrutiny over civilian casualties in the country’s volatile north and central regions. Speaking at the Defence Headquarters in Abuja, General Musa acknowledged the challenges posed by militias and armed criminal networks, emphasizing that the military…
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