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State police: FG begins constitution amendment engagements amid security concerns
June 4, 2026
The Federal Government has commenced formal engagement on constitutional amendments required to establish state police, marking a major step in efforts to restructure Nigeria’s internal security architecture amid rising security challenges across several states. The Chief of Staff to the…
Read moreDangote Refinery raises crude processing capacity to 700,000 barrels per day
June 4, 2026
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 moreAradel, Eterna drag Oil & Gas index down 4.9% as stocks lose N580 billion
June 4, 2026
The 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 moreIFC, NGX Group, LCCI Unveil Nigeria Gender Country Program at CEO Roundtable
June 4, 2026
The 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 moreShell executives ignored warnings over Niger Delta pipeline risks, internal documents reveal
June 4, 2026
Newly 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 moreYouth in Agribusiness Land Trust Fund Targets 500,000 Young Entrepreneurs
June 4, 2026
The 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 Ashimolowo: Building the Systems Powering African Commerce
June 4, 2026
Oluwatomisin “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 moreFlutterwave partners Tempo blockchain to power stablecoin settlements across Africa
June 4, 2026
African 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 moreNAICOM advances transition to risk-based supervision, appoints EY Consulting Actuary
June 4, 2026
The 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…
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