Construction begins on Wednesday of a $16-billion Kenyan oil refinery aimed at lowering East Africa’s fuel costs and saving the region hard currency used to import refined products.
Browsing: Nigerias
A Nigerian dancer has completed a 168-hour dance marathon in Lagos in a bid to set a new world record.
President Bola Ahmed Tinubu has mandated Vice President Kashim Shettima to represent him and lead Nigeria’s delegation to the 81st Session of the United Nations General Assembly, UNGA, in New York, United States.
• Institutions caught in dilemma as politics dictate regulations • Nigeria risks massive FDI exit, Obadan warns • Owoh: Separate economic management from partisan politics • ‘Government doesn’t need more, but better spending to impress citizens’ • Osun election bad test case of excessive political influence in re
Global index provider FTSE Russell is set to proceed with the reclassification of Nigeria from “Unclassified” to “Frontier Market” status, Nairametrics has learnt.
Nigeria’s fuel trade has undergone a dramatic reversal since the arrival of the Dangote refinery, with petroleum product exports surging more than seven-fold while seaborne imports have fallen to less than a third of their 2023 level.
Campaigning for Nigeria’s January elections begins Wednesday, posing a critical test for President Bola Tinubu as he seeks a second term. His presidency and the ruling APC face intense scrutiny over whether Nigerians are better off after more than a decade in power.
Livestock minister Idi Mukhtar Maiha said Nigeria’s traditional system of moving herds across the country was no longer sustainable as expanding farms, urbanisation and infrastructure projects have steadily erased grazing routes.