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Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd), surpassing its original nameplate capacity of 650,000 bpd following a successful performance test conducted by its Process Licensors. The post Dangote Refinery…
Read moreThe Nigerian equities market extended its losing streak to four consecutive trading sessions on Thursday, June 5, 2026, as heavy selloffs in Aradel Holdings Plc and Eterna Plc triggered a sharp 4.90% decline in the Oil & Gas Index, helping…
Read moreThe International Finance Corporation (IFC), Nigerian Exchange Group (NGX Group), and the Lagos Chamber of Commerce and Industry (LCCI) have unveiled the Nigeria Gender Country Program (NGCP) at a high-level virtual CEO Roundtable convened to advance private sector action on…
Read moreNewly released internal Shell documents have revealed that senior executives approved the continued operation of oil pipelines in Nigeria’s Niger Delta despite repeated warnings from engineers about environmental risks and the potential for oil spills. The post Shell executives ignored…
Read moreThe Federal Ministry of Youth Development (FMYD), in partnership with the International Institute for Tropical Agriculture (IITA), has launched the National Youth in Agribusiness Land Trust Fund (YiALTF). This initiative aims to improve land access and unlock opportunities for over…
Read moreOluwatomisin “Tomi” Ashimolowo is a fintech entrepreneur, strategic partnerships leader, and advocate for African business growth whose work sits at the intersection of financial infrastructure, cross-border commerce, and economic development. His journey began long before founding Betaling. As a Nigerian…
Read moreAfrican fintech giant, Flutterwave has entered a strategic partnership with Tempo, a blockchain settlement network, to build stablecoin-powered payment infrastructure across Africa. The post Flutterwave partners Tempo blockchain to power stablecoin settlements across Africa appeared first on Nairametrics.
Read moreThe National Insurance Commission (NAICOM) has moved to accelerate the transition of Nigeria’s insurance industry to a risk-based supervisory and capital regime, as part of efforts to strengthen financial stability and enhance policyholder protection. The post NAICOM advances transition to…
Read moreThe Federal Government has launched a $350,000 Food and Agriculture Organization Technical Cooperation Programme (FAO-TCP) aimed at strengthening Nigeria’s response to recurring bird flu outbreaks. The post FG launches $350,000 FAO-backed programme to tackle bird flu outbreaks appeared first on…
Read moreThe Nigerian equities market extended its bearish run on Wednesday as the NGX All-Share Index (ASI) declined by 1.44% to close at 243,132.61 points, wiping N2.28 trillion off investors’ wealth and dragging market capitalization down to N155.94 trillion. The post…
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