Business Archives - Page 13 of 57

Crude For Naira Not Designed To Benefit Dangote Refinery But To Stabilise Nigeria’s FX

NewsDeskNgMar 25, 2026March 25, 20260

CEO David Bird says crude-for-naira policy is not a discount for Dangote Refinery but rather targets Nigeria’s currency stability The Chief Executive Officer of Dangote Refinery, David Bird, has said the Federal Government’s crude for naira policy was designed to stabilise Nigeria’s foreign exchange market rather than provide financial advantages...

Nigeria, Switzerland Strengthen Bilateral Ties As Shettima Meets Swiss VP

NewsDeskNgMar 25, 2026March 25, 20260

Nigeria and Switzerland deepen ties on trade, security, migration, and culture, with plans to return Benin artefacts. Nigeria and Switzerland have agreed to strengthen bilateral relations across key sectors, including trade, security, economic cooperation, migration, and cultural exchange. The agreement followed a meeting on Tuesday between Vice President Kashim Shettima...

NNPC: Nigeria Regaining Global Energy Edge Amid Supply Disruptions

NewsDeskNgMar 25, 2026March 25, 20260

NNPC says Nigeria is strengthening its position as a reliable energy supplier, projecting increased oil output despite global supply shocks. At a time of global energy supply shock occasioned by ongoing US-Israel war on Iran, Nigeria is regaining its footing as a reliable global energy supplier, Nigerian National Petroleum Company...

Dangote Says Tinubu UK Visit Opens New Investment Doors

NewsDeskNgMar 24, 2026March 24, 20260

Aliko Dangote flags fuel price risks and inflation fears, but says Tinubu UK trip boosts investor confidence and financing prospects for Nigeria. Alhaji Aliko Dangote, Africa’s foremost industrialist, has warned that tensions in the Middle East driving global oil volatility could have far reaching economic consequences for Nigeria and other African...

Chika Ogeah: Asaba Ready To Attract Lagos Investors With Improved Investment Climate

NewsDeskNgMar 23, 2026March 23, 20260

A coordinated push involving traditional leadership and government is positioning Asaba as a prime destination for Lagos-based investors, Chike Ogeah says. Asaba is intensifying efforts to attract investors from Lagos by creating a more secure and business-friendly environment, with traditional leadership playing a key role in supporting the state’s development...

Air Peace Insists Onyemas’ Tax Obligations Fully Met, Debunks Lagos Suit Claims

NewsDeskNgMar 23, 2026March 23, 20260

Air Peace says Onyemas’ personal and corporate tax obligations are fully met, insists no court summons over alleged suit. Air Peace has denied reports alleging that its Chairman/Chief Executive Officer, Dr. Allen Ifechukwu Onyema, and Vice Chairman, Mrs. Alice Ojochide Onyema, are subjects of a tax suit by the Lagos...

Femi Otubanjo: Tinubu’s UK Visit Strengthens Nigeria’s Global Image and Economic Ties

NewsDeskNgMar 20, 2026March 20, 20260

Femi Otubanjo says President Tinubu’s UK visit strengthens Nigeria’s image, boosts trade prospects, and reinforces long-standing diplomatic and economic ties. A Research Professor at the Nigerian Institute of International Affairs, Femi Otubanjo, says President Bola Tinubu’s state visit to the United Kingdom marks a significant step in strengthening Nigeria’s global...

Dangote Refinery Sees Demand Surge As Iran War Disrupts Africa Fuel Supply

NewsDeskNgMar 20, 2026March 20, 20260

African nations rush to Dangote refinery for fuel supplies as Iran war disrupts imports, exposing continent’s deep energy vulnerabilities. Nigerian billionaire Aliko Dangote is facing a surge in demand for fuel from across Africa as the Iran war disrupts global supply chains and exposes the continent’s dependence on imports. Dangote...

Timothy Okon: Strategic Petroleum Reserves Needed To Cushion Supply Shocks

NewsDeskNgMar 20, 2026March 20, 20260

Dr Timothy Okon advises Nigeria to implement petroleum product reserves to reduce vulnerability to global disruptions and stabilise domestic fuel supply. Managing Partner at Teno Energy, Dr Timothy Okon says Nigeria must urgently implement strategic petroleum product reserves to protect the country from global supply disruptions and stabilise fuel availability...

Tinubu Arrives Lagos, Urges Stronger Nigeria-UK Trade Ties After £746M Ports Deal

NewsDeskNgMar 20, 2026March 20, 20260

Tinubu returns to Lagos from London, calls for deeper Nigeria-UK economic ties following £746m agreement to modernise Apapa and Tin Can ports. President Bola Tinubu has arrived in Lagos early Friday following his official state visit to the United Kingdom, where he called for stronger trade and economic relations between...