Business
Reps seek regulation for electric, CNG vehicles’ importation
The House of Representatives has called for a transparent regulatory framework for the importation of electric vehicles, compressed natural gas vehicles and related clean-mobility equipment into Nigeria. The lawmakers want…
Dangote buys 25% stake in Kenya’s oil pipeline for $327m
The Dangote Group has acquired a 25 per cent stake in the Kenya Pipeline Company, expanding its footprint in Africa’s energy sector as part of a broader strategy to strengthen…
“No delivery is worth a life” — Dangote Cement boss tells drivers
Dangote Cement drivers have discussed road safety, workplace welfare and operational challenges during the company’s 2026 Drivers’ Safety Retreat held at its Ibese plant in Ogun State. The retreat, themed…
“₦41m to ₦61m in 12 months” — Pelican-Valley commissions ecostay phase II
Investors in Pelican Ecostay Apartments, a residential property development in Ogun State, have recorded a reported ₦20 million increase in the value of two-bedroom apartments within one year, as Pelican-Valley…
FG sets 2028 deadline to end regulated Gas pricing
The Federal Government plans to end regulated pricing in Nigeria’s domestic gas market by 24 September 2028, as it moves towards a fully commercial willing-buyer, willing-seller framework. The Chief Executive…
Dangote buys 4,000 machines to expand refinery
Dangote Industries Limited has acquired an additional 4,000 pieces of construction equipment as part of efforts to expand its Lekki refinery in Lagos from its current design capacity of 650,000…
Dangote IPO: Rewane projects $600bn economy as IPMAN backs refinery
Economist and Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has projected that Nigeria’s economy could expand to $600bn by 2030, driven by increased private-sector investment and the multiplier…
After 12 years, Elumelu exits UBA as Nnorom takes over
United Bank for Africa Plc has formally welcomed Emmanuel N. Nnorom as its new Group Chairman, days after he assumed the position following the retirement of Tony Elumelu from the…
