EconomyHealthMiscNews

Sokoto Approves ₦1.8 Billion for HIV/AIDS Kits, Drugs and Hospital Upgrades

Sokoto Approves ₦1.8 Billion for HIV/AIDS Kits, Drugs and Hospital UpgradesThe government of Sokoto State has approved ₦1.8 billion to strengthen efforts against HIV/AIDS and improve health facilities across the state. The approval covers procurement of HIV test kits, antiretroviral and other essential drugs, as well as renovation of six additional hospitals. Big Boost for HIV…
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Rising Transport Costs Worsen Nigeria’s Cost-of-Living Crisis – IMF

Dangote Plans Pan-African IPO to Sell 10% Refinery Stake

EconomyNews

Dangote Refinery Reportedly Saves Nigeria ₦10 Billion Annually in Forex

The Dangote Refinery has been credited with saving Nigeria over ₦10 billion each year in foreign exchange by replacing petroleum imports with fuel refined locally. According to company officials, foreign‑exchange outflows have been significantly reduced since the refinery began operations. The use of locally refined products has reportedly lessened the nation’s dependence on imported…
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Rising Transport Costs Worsen Nigeria’s Cost-of-Living Crisis – IMF

Dangote Plans Pan-African IPO to Sell 10% Refinery Stake

EconomyHeadlineNews

Katsina State Governor Signs 2026 Budget Into Law

Katsina State Governor, Mallam Dikko Radda, has officially signed the 2026 Appropriation Bill into law, approving a total budget size of ₦897,865,078,282. The signing ceremony took place on Wednesday at Government House Katsina, marking another major step in the state’s financial planning ahead of the new year. According to the final breakdown of the budget, ₦167,725,372,458, representing…
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Rising Transport Costs Worsen Nigeria’s Cost-of-Living Crisis – IMF

Dangote Plans Pan-African IPO to Sell 10% Refinery Stake

EconomyHeadlineNews

Reps Step in to Resolve Dangote Refinery, Oil Workers’ Unions

The House of Representatives Committee on Downstream Petroleum Resources has stepped in to mediate the ongoing conflict between Dangote Petroleum Refinery and two major oil workers’ unions — the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The intervention follows growing tension between…
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Rising Transport Costs Worsen Nigeria’s Cost-of-Living Crisis – IMF

Dangote Plans Pan-African IPO to Sell 10% Refinery Stake

EconomyHeadline

Nigeria’s War on Corruption: EFCC and ICPC Recover ₦277 Billion and $105 Million in 2024 – AGF Fagbemi Unveils Transparency Measures

In a significant milestone for Nigeria’s anti-corruption efforts, the Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, has announced that the nation’s top anti-graft agencies — the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) — collectively recovered a staggering ₦277…
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Rising Transport Costs Worsen Nigeria’s Cost-of-Living Crisis – IMF

Dangote Plans Pan-African IPO to Sell 10% Refinery Stake

EconomyHeadline

Quick Finds, A Loan Shark Terrorizing Nigerians Over Minor Debts, Exploit Contacts as Collateral

In recent years, Nigeria has witnessed a surge in predatory lending practices by unregulated digital loan providers, commonly referred to as loan sharks. These entities offer quick, collateral-free loans but resort to unethical and illegal methods to recover debts, often involving the harassment of both borrowers and their acquaintances.The Rise of Predatory LendingThe proliferation of digital…
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Rising Transport Costs Worsen Nigeria’s Cost-of-Living Crisis – IMF

Dangote Plans Pan-African IPO to Sell 10% Refinery Stake