Dangote Refinery Reduces Jet Fuel Price Amid Airline Cost Pressures Price Adjustment Announced THE Dangote Petroleum Refinery has reduced the price of aviation fuel (Jet A1) from ₦1,750 to ₦1,650 per litre, a move aimed at easing operational pressure on airlines and stabilising fuel supply in Nigeria’s aviation sector. The announcement, confirmed by the company […]
By EMEM BENSON A Strategic Vision Under Scrutiny FOR over two decades, the proposed Ibaka (Ibom) Deep Seaport has stood as one of Nigeria’s most ambitious maritime infrastructure projects. Conceived as a natural deep seaport along the Atlantic coastline in Akwa Ibom State, the project promised to transform Nigeria’s logistics ecosystem, boost exports, and position the […]
NAHCO Records Strong Financial Performance in 2025 NIGERIAN Aviation Handling Company Plc has posted a robust financial performance for the 2025 fiscal year, with significant growth across revenue, profit, and shareholder returns. The company’s total revenue rose by 22.93 per cent to ₦65.82 billion, up from ₦53.54 billion recorded in 2024, reflecting improved operational efficiency […]
A Delicate Policy Moment for Nigeria’s Economy NIGERIA’S economic managers are approaching a critical decision point as the Central Bank of Nigeria prepares for its Monetary Policy Committee (MPC) meeting scheduled for 19–20 May 2026. The meeting comes at a time when the economy is being pulled in opposite directions — rising inflation on one […]
A Staple Slips Out of Reach ACROSS Nigeria, eggs—once a reliable and affordable protein source—are gradually disappearing from household menus as prices surge to record levels. For families like that of Isioma, a teenager in a low-income household, the change has been stark. Meals that once featured eggs regularly are now rationed or eliminated altogether, […]
Delta’s Hospitality Sector Gains Momentum STAKEHOLDERS in Nigeria’s tourism and hospitality industry have commended Delta State Governor, Sheriff Oborevwori, for policies they say are transforming the state into a leading destination for conferences and leisure. The commendation came during the 2026 Annual Hospitality and Catering Professionals Conference organised by the Nigeria Hospitality and Catering Institute […]
Nigeria Sets Ambitious FDI Target PRESIDENT Bola Ahmed Tinubu has projected that Nigeria could attract nearly $20 billion in foreign direct investment (FDI) in 2026, signalling renewed optimism around the country’s economic outlook. Speaking at the Africa CEO Forum in Kigali, Rwanda, the President attributed the expected inflows to ongoing reforms focused on transparency, efficiency, […]
The Quiet Financial Crisis Inside SME Growth A structural problem, not just a funding gap ACROSS Nigeria’s small business landscape, access to capital is often blamed for slow growth—but financial experts argue that the deeper challenge lies in weak financial structuring. This concern was echoed by digital lender FairMoney, which recently called on SMEs to […]
Seasonal Gaps Trigger Supply Shortage TOMATOES and peppers — essential ingredients in Nigerian kitchens — have once again become expensive, with prices climbing sharply across markets nationwide. Experts say the surge is largely tied to seasonal production cycles. With the dry season harvest ending and the rainy season harvest yet to fully mature, supply has […]
Nigeria’s Quiet Oil Revolution May Already Be Underway SOMETHING significant is happening inside Nigeria’s oil sector, and unlike the loud political arguments dominating television and social media, this shift is unfolding almost silently. While Nigerians debate fuel prices, subsidies, inflation and Venezuela, a deeper transformation has been taking place underneath the surface of the country’s […]