Business

Traders and Commercial Drivers Protest Heavy Taxation and Petrol Price Hike in Enugu

Commercial drivers, tricycle operators, and market traders paralyzed major transport hubs across Enugu on Wednesday, protesting escalating daily levies and surging fuel costs.

Lagos Needs Deeper Private-Sector Partnership to Drive Toward $1Trn Economy by 2052, Says Ambrose-Medebem

Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, has emphasized that achieving the state’s ambitious $1 trillion economic goal requires robust, sustained private-sector integration.

India Pushes for Increased Nigerian Crude Following Shettima–Modi Talks at BRICS Summit

India is ramping up pressure for expanded crude imports from Nigeria following high-level bilateral trade pledges between Vice President Kashim Shettima and Indian Prime Minister Narendra Modi on the sidelines of the New Delhi BRICS Summit.

Dangote Petroleum Refinery Opens Record-Breaking ₦2.15Tn IPO on NGX, Fortune Reaches $51.3Bn

The Dangote Petroleum Refinery and Petrochemicals (DPRP) has officially launched its landmark ₦2.15 trillion IPO on the Nigerian Exchange (NGX), seeing initial investor demand push Aliko Dangote’s net worth to $51.3 billion.

Port Harcourt Opens 3-Day Niger Delta Investment Summit Targeting $50bn in Commitments

The Niger Delta Economic and Investment Summit (NDEIS) officially opened in Port Harcourt, targeting up to $50 billion in regional capital commitments across 30 deal-room projects spanning the blue economy, energy transition, and special economic zones.

Presidency and ITF Set October 15 for NIMS 2.0, Launching 10-Year Industrial Workforce Strategy

The Presidency and the Industrial Training Fund (ITF) have announced the October 15–16 launch of the National Industrial Manpower Summit (NIMS 2.0), anchoring a 10-year workforce strategy for artificial intelligence, robotics, and advanced manufacturing.

Nigerian Navy Dismantles 10,000-Litre Illegal Petroleum Storage Depot in Rivers Crackdown

Operatives of the Nigerian Navy Ship (NNS) Pathfinder have intercepted and neutralized a major illicit storage facility holding 10,000 litres of illegally handled petroleum products along the Eleme–Onne industrial corridor in Rivers State.

Massive Retail and Institutional Rush Overwhelms Portals as Dangote Refinery IPO Opens

The landmark initial public offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals has triggered an unprecedented subscription surge, briefly stressing digital placement channels and physical banking platforms across the country as retail and institutional investors.

Tinubu Has Full Diplomatic Immunity During UNGA, Clarifies Nigeria’s UN Mission

Nigeria’s Permanent Mission to the United Nations has dismissed concerns regarding President Bola Tinubu’s upcoming diplomatic engagements, confirming that he holds full sovereign immunity during the United General Assembly session.