By Ayomide Otitoju The second edition of the Nigeria–South Africa Economic Diplomacy Roundtable has brought together government officials, diplomats, and private sector leaders to strengthen trade, investment, and infrastructure collaboration under the African Continental Free Trade Area (AfCFTA). The roundtable, held on Thursday, focused on advancing economic ties between Nigeria and South Africa, with stakeholders…
By Ayomide Otitoju Fidelity Bank Plc has strengthened its support for small and medium enterprises (SMEs) with a series of masterclasses aimed at improving business skills, efficiency, and market access. The initiative, rolled out in April 2026, forms part of the bank’s broader strategy to equip entrepreneurs with practical tools for sustainable growth. The first…
By Ayomide Otitoju Africa’s richest man, Aliko Dangote, has announced plans to construct a 650,000 barrels-per-day refinery in East Africa, similar in scale to his flagship facility in Nigeria, as part of a broader push to expand industrial capacity across the continent. Dangote made the disclosure on Thursday at a high-level summit in Nairobi, Kenya,…
By Ayomide Otitoju The President of the Dangote Group, Aliko Dangote, has been inducted as an Honorary Fellow of the Nigerian Academy of Engineering. Dangote was conferred with the Distinguished Honorary Fellowship during an induction ceremony held in Victoria Island, Lagos, where he received the honour from the President of the academy, Rahamon Bello. The…
By Ayomide Otitoju NNPC Limited has warned the public against fraudulent claims circulating about the alleged sale of scrap materials, equipment, and refinery components from its facilities. In a statement, the company said the information being shared is false and misleading, stressing that it has not issued any tender, bid invitation, or approval for the…
By Ayomide Otitoju In a move aimed at addressing longstanding barriers to homeownership in Nigeria, FirstBank of Nigeria, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan scheme. Accessing mortgage financing in Nigeria has traditionally been challenging, with prospective homeowners facing extensive documentation requirements, property valuation processes, and equity…
By Ayomide Otitoju MTN Nigeria has confirmed compliance with a directive issued by the Nigerian Communications Commission (NCC), reaffirming its commitment to delivering improved customer experience across its network. The telecom operator stated that subscribers affected by service disruptions in certain areas will receive compensation for the months of November, December, and January, in line…
By Ayomide Otitoju NNPC Limited has signed a Memorandum of Understanding (MoU) with Sonatrach to enhance cooperation in research, development and innovation within the oil and gas sector. The agreement, facilitated through NNPC’s Research, Technology and Innovation (RTI) Division in collaboration with the Petroleum Technology Development Fund, was formalised by the company’s Executive Vice President,…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has said the Red Line Rail project will transport over 500,000 passengers daily when fully operational, as part of efforts to ease commuting and strengthen the state’s transport network.Speaking to State House correspondents at Lagos House, Marina, on Wednesday, the governor disclosed that the state had acquired…
