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Dangote Refinery Cuts Petrol Output by 34% Following Technical Fault
Africa’s largest refinery, the Dangote Refinery, has reduced production at its main petrol processing unit by about 34 percent since May 21 due to a technical fault, according to industry monitoring reports. The issue affected the refinery’s Residual Fluid Catalytic Cracking Unit (RFCCU), a critical facility responsible for converting heavy...
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News
Nigeria Raises N4.68 Billion from June 2026 Savings Bond Sale
Nigeria's Federal Government raised N4.678 billion through its June 2026 Savings Bond issuance, underscoring growing retail investor appetite for government-backed...
Nigeria Targets 500,000 Jobs with Agro-Industrial Processing Zones
Nigeria is targeting the creation of about 500,000 jobs through its Special Agro-Industrial Processing Zones programme, a flagship initiative aimed...
Cornerstone Insurance Begins Restructuring to Comply With NIIRA 2025
Cornerstone Insurance Plc has commenced a significant corporate restructuring initiative aimed at separating its life and non-life insurance businesses, marking...
Nigerian Government Pushes Shea Processing to Boost Export Earnings
The Nigerian government is intensifying efforts to develop the country's shea value chain as part of a broader strategy to...
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Technology
IMF Urges Nigeria to Tighten Regulation of Stablecoins and Cryptocurrency Activities
The International Monetary Fund (IMF) has advised Nigeria to strengthen its oversight of stablecoins...
