BUSINESS

…Nigeria’s Fintech Oversight Faces Major Setback FCT, ABUJA, NIGERIA – According to a report by Arise News on Wednesday, October 7, 2025, Nigeria’s ongoing efforts to tighten regulatory control over the rapidly growing financial technology (Fintech) sector have encountered a serious obstacle. A key legislative committee has disclosed that its …

…Reaffirms Commitment To High-Quality Petrol Production BY ABU-SATAR HAMED LAGOS, NIGERIA – Dangote Petroleum Refinery has refuted recent media reports claiming that it imports finished petrol with high sulphur content into Nigeria, describing such allegations as false, misleading, and entirely baseless. In a statement released on Friday, October 10, 2025, …

IPERU-REMO, OGUN STATE, NIGERIA – Ogun State Governor, Prince Dapo Abiodun, on Tuesday, October 7, 2025, made history as he officially inaugurated the first commercial flight operation at the newly constructed Gateway International Airport, Ilishan-Remo. The milestone event marked a new chapter in the state’s aviation and economic development journey. …

BY ABU-SATAR HAMED FCT, ABUJA, NIGERIA – The Federal Government has strongly criticized the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) for what it described as an attempt to hold the entire nation to ransom over a minor labour issue that could have been resolved amicably. Speaking …

…Reaffirms Commitment to Nigeria’s Progress and Workers’ Welfare BY ABU-SATAR HAMED LAGOS, NIGERIA – The Dangote Petroleum Refinery has expressed deep appreciation to President Bola Ahmed Tinubu for his swift and decisive intervention in preventing what it described as “the disruptive actions of PENGASSAN” against the company. In a statement …

  LAGOS, NIGERIA, OCTOBER 3, 2025 – The Alternative Bank (AltBank), in partnership with the Kanu Heart Foundation (KHF), commemorated World Heart Day with a symbolic 5km walk in Lagos. The walk, which raised awareness on cardiovascular diseases, also marked the kickoff of KHF’s 25th anniversary campaign. Through the campaign, …

BY ABU-SATAR HAMED   GODE, ETHIOPIA – The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, recently led the official groundbreaking ceremony for the construction of the $2.5 billion Dangote Gode Fertiliser Plant in Gode, Ethiopia. The event marks a major milestone in the company’s ongoing expansion across …

BY ABU-SATAR HAMED LAGOS, NIGERIA, OCTOBER 1, 2025 — Access Holdings Plc and Coronation Group Ltd, under the leadership of Chairman Aigboje Aig-Imoukhuede, CFR, have announced their joint sponsorship of Nigerian Modernism, the first major UK exhibition dedicated to tracing the evolution of modern art in Nigeria. Set to open …

ABEOKUTA, OGUN STATE, NIGERIA – The Gateway State International Airport, Ilishan Remo, has been described as the best investment bequeathed to the state by the Prince Dapo Abiodun-led administration. The Chairman of the Governor’s Elders Advisory Council, Chief Olu Okuboyejo, stated this on Thursday, October 2, 2025, when he led …

BY ABU-SATAR HAMED The Dangote Refinery achieved a historic milestone on Friday, September 26, 2025, as it exported gasoline from Nigeria to the United States for the first time. A total of 320,000 barrels arrived at the Port of New York, marking a breakthrough that showcased Africa’s ability to meet …