By Yunus Yusuf The Dangote Petroleum Refinery has unveiled an expansion programme to more than double capacity from 650,000 barrels per day to 1.4 million within three years. The Managing Director and Chief Executive Officer, Mr David Bird, disclosed this on Wednesday during an interactive mediaContinue Reading
Dividend By Grace Alegba Lagos, Jan. 12, 2026 (NAN) The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion for depositors of the defunct Heritage Bank Ltd., following continued recovery of the bank’s assets. The Central Bank of Nigeria (CBN) hadContinue Reading
By Olawunmi Ashafa Mr Anil Padia, Programme Director, ORUN X Designers, an initiative of Africa Currency Network, says the platform is empowering African artisans to drive production, innovation and global market access. Padia disclosed this to the News Agency of Nigeria (NAN) on the sidelines of the Heirs ofContinue Reading
By Grace Alegba, News Agency of Nigeria (NAN) As Nigeria started the implementation the 2026 tax reforms, millions of low-income workers, small business owners, and everyday Nigerians are watching closely. The Nigerian Tax Act and the Nigerian Tax Administration Act, two of the four laws collectively known as theContinue Reading
By Taiye Olayemi The pension industry is undergoing one of its most significant reform phases since the introduction of the Contributory Pension Scheme. It is driven by tougher regulation, expanded coverage efforts and renewed confidence among retirees. Central to the reforms is Pension Revolution 2.0, which the National PensionContinue Reading
By Taiye Olayemi The insurance industry is addressing long-standing solvency and capacity gaps through phased recapitalisation, a reform designed to strengthen underwriting capacity, restore public confidence and support broader economic growth. Operators say the Nigerian Insurance Industry Reform Act (NIIRA) 2025 provides a gradual transition that enables insurersContinue Reading
By Yunus Yusuf A power expert, Dr Olukayode Akinrolabu, says early improvements in grid stability in 2025 present an opportunity for Nigeria to fix long-standing power sector challenges. He said this in an interview with the News Agency of Nigeria (NAN) on the performance of the power sector in 202SContinue Reading
By Yunus Yusuf The Coalition for Affordable and Regular Electricity (CARE) has urged the federal and state ggovernments to intervene in the power sector, as consumers continued to be exploited twelve years after privatisation. CARE National Coordinator, Mr Chinedu Bosah made the urge in an interview with the NewsContinue Reading
By Taiye Olayemi The University of Gambia has renamed its School of Agriculture and Environmental Sciences after former President of the African Development Bank Group, Dr Akinwumi Adesina. Adesina was honoured in recognition of his contributions to agriculture and food security in Africa. This was disclosed in a statement signedContinue Reading
By Grace Alegba Mr Ali Rabiu, the newly inaugurated President of the Nigerian Society of Engineers (NSE), has promised to lead with integrity, inclusiveness and accountability as the Society enters a new phase. Rabiu, the 35th President of NSE, whose tenure took effect on Jan. 1, made the pledgeContinue Reading
