The National Automotive Design and Development Council (NADDC) has moved to tackle the mounting challenges confronting Nigeria’s automobile manufacturers, pledging to push for zero duty on imported raw materials and stronger policies to protect locally produced vehicles.

The Prime Minister of Ethiopia, Dr. Abiy Ahmed, and the President of the Republic of Djibouti, Ismaïl Omar Guelleh, have hailed the Dangote Group’s $660 million Damarjog-Dewele Oil Terminal and Pipeline Project as a transformative investment that will strengthen regional integration, improve energy security, create…

Airtel Africa Plc, a leading provider of telecommunications and mobile money services across 14 African markets, has announced plans for the proposed initial public offering (IPO) and listing of its Airtel Money business on the London Stock Exchange (LSE).

The Lagos Chamber of Commerce and Industry (LCCI) has welcomed the decision of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) to reduce the Monetary Policy Rate (MPR) by 350 basis points, from 26.5 per cent to 23 per cent.

The Nigerian Maritime Administration and Safety Agency (NIMASA) has deployed the Integrated National Security and Waterways Protection Infrastructure, otherwise known as the Deep Blue for a coordinated enforcement operation code named: “Blue- Green” across key operational areas in Lagos.

The Group Managing Director/Chief Executive, United Bank for Africa (UBA) Plc, Oliver Alawuba, has advocated for stronger trade and investment relations between Nigeria and Brazil, highlighting numerous collaboration opportunities in agriculture, manufacturing, energy, technology and the creative industries.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that it does not fix petrol pump prices under the Petroleum Industry Act (PIA) 2021.

The Group Vice President, Oil & Gas, Dangote Industries Limited, Edwin Devakumar, has said the Dangote refinery was working to ensure uniform pricing of petrol across Nigeria.

The Petroleum Technology Development Fund (PTDF) has inaugurated a high-level committee to fast-track the operationalisation of its Centre for Skills Development and Training (CSDT), Port Harcourt, amid concerns over shortages of qualified Nigerian technical manpower in the oil and gas industry.

Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), has urged Nigerians at home and in the diaspora to invest in the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals.

Nigeria’s headline inflation rate eased marginally to 15.39 per cent year-on-year in August 2026, from 15.43 per cent recorded in July, according to the latest inflation report released by the National Bureau of Statistics (NBS) on Tuesday.

Investors subscribing to the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals may receive dividends in United States dollars, a move that could make the offer particularly attractive to investors seeking protection against naira depreciation.