All is set for the annual WorldStage Economic Summit 2025 on Friday November 21, 2025 at The Event Centre, Nigerian Exchange Limited, 2/4 Customs Street, Lagos by 10AM, with top experts from the public, private and academia set to…
Category: Business & Economy
Oborevwori: How Executive, Legislative collaboration will drive automotive industry growth
Delta State Governor, Rt. Hon. Sheriff Oborevwori, has called for a stronger partnership between the executive and legislative arms of government to reposition Nigeria’s automotive industry for global competitiveness. The governor made…
Nigeria’s Cona Engineering sues UAE firm, John Crane; demands $10m for alleged multiple breaches
A Nigerian firm, Cona Engineering and Technical Services Limited, has sued a United Arab Emirates (UAE) company, John Crane Middle East FZE, demanding over $10 million for alleged multiple contractual breaches. In…
Downstream sector undergoing transformation – NNPC Ltd
Oct. 27, 2025 Dr. Mumuni Dagazau, Executive Vice President (EVP) of Downstream, Nigeria National Petroleum Company Ltd., (NNPC) says the nation’s downstream oil and gas sector is undergoing a transformation driven by…
Private sector rejects Senate move to amend NSITF Act
Oct. 26, 2025 The Organised Private Sector of Nigeria (OPSN) has rejected the ongoing amendment to the Nigerian Social Insurance Trust Fund (NSITF) Act, describing it as a threat to transparency and…
Dangote Refinery to expand refining capacity to 1.4m barrels daily
Oct. 26, 2025 Africa’s largest refinery, the Dangote Petroleum Refinery, is set for a historic expansion that will increase its production capacity from 650,000 barrels per day (BPD) to 1.4 million BPD…
Obi calls for Port decentralisation, lists benefits
The Labour Party Presidential Candidate in the 2023 election, Peter Obi, has advanced reasons why Nigeria’s seaports should not be concentrated in Lagos. Reacting to the approval of N1.5 trillion for…
FG Bond: PenCom assures to clear all gratuities, arrears with N758bn
Oct. 24, 2025 The National Pension Commission says it will clear all pension arrears and gratuities owed the retirees if the N758 billion bond by the Federal Government matures before December this…
Nigerian agri-tech start-up, among World Food Prize finalists
Oct. 24, 2025 A Nigerian agri-tech start-up, Vet Konect Ltd has emerged as one of the three finalists for the inaugural World Food Prize ‘Innovate for Impact Challenge’ competition. Vet Konect Ltd,…
Customs unveils smart platform to curb vehicle smuggling, corruption
The Nigeria Customs Service (NCS) has launched a digital verification platform to curb vehicle smuggling, strengthen accountability and enhance transparency in Nigeria’s booming automobile importation business. Called the Customs Verification Management System…