Dangote to launch own shipping fleet to boost maritime operation
By Godwin Oritse In a move to address limited shipping capacity and the rising cost of road transportation, which have hindered its regional expansion, Dangote Industries has concluded plans to acquire its own vessels to facilitate the movement of its products from Nigeria to markets across West and Central Africa. Speaking from the perspective of […]
TCN expresses concern over rising cases of vandalism in Niger State
By Obas Esiedesa The Transmission Company of Nigeria (TCN) has raised concerns over increasing vandalism of power transmission infrastructure in parts of Niger State, warning that the trend poses serious economic, safety and electricity supply challenges. Speaking during a community engagement visit to Lambata in Gurara Local Government Area yesterday, the General Manager, Transmission, Abuja Region, […]
IMF Prescriptions: Experts warn FG against costly foreign loans, VAT hike
By Peter Egwuatu Capital market operators and economic experts have urged the Federal Government to be cautious in implementing the International Monetary Fund’s (IMF) policy recommendations, warning against expensive foreign loans and a Value Added Tax (VAT) increase. Managing Director/Chief Executive Officer of Arthur Stevens Asset Management and former President of the Chartered Institute of Stockbrokers […]
Proposed plastic ban could trigger deindustrialisation, job losses— MAN
By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) has faulted the proposed implementation of the National Environmental (Plastic Waste Control) Regulations 2026 by the National Environmental Standards and Regulations Enforcement Agency (NESREA), warning that the measures could have far-reaching consequences for the country’s manufacturing sector and economy. Under the proposed regulations, NESREA plans to […]
Shettima flags off NADF’s 515,720-bag fertiliser intervention
•128,930 smallholder farmers in 25 states, FCT to benefit By Gabriel Ewepu ABUJA — Vice President Kashim Shettima yesterday flagged off the nationwide distribution of 515,720 bags of fertiliser under the National Agricultural Development Fund’s (NADF) Renewed Hope Farm Input Support Programme (FISP). Represented by the Minister of State for Agriculture and Food Security, Dr […]
Dangote Refinery lowers petrol price by N75/l as oil falls by 5%
By Obas Esiedesa, Abuja Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, by six per cent, or N75 per litre, following a sharp decline in global crude oil prices triggered by easing tensions in the Middle East. The refinery said in a circular to marketers that the […]
