Economist Bismarck Rewane suggests a major boost to Nigeria's economy is possible. A significant increase in Gross Domestic Product is forecast by 2030. The Dangote Refinery's planned expansion is a key factor, with a potential to drive growth through various economic channels.
The refinery's current capacity is expected to more than double, which could lead to substantial economic benefits. Further information on the potential impact of this development is available.
Details of the proposed Initial Public Offering and its potential effects on the economy have been discussed by Rewane, who is the Chief Executive Officer of Financial Derivatives Company.
—MJB Movement plans mass defection from ADC, PDP, NDC ABUJA — The All Progressives Congress (APC) has said it is ready to receive and integrate more than 10,000 members of various political parties, including the African Democratic Congress (ADC), Peoples Democratic Party (PDP) a...
The Kwara Area Command of the Nigeria Customs Service has seized smuggled goods worth N604.3 million, including Tramadol, foreign rice, Premium Motor Spirit, foreign spaghetti, used clothing and two luxury vehicles. The acting Area Controller of the Command, Deputy Comptroller Na...
The Federal Character Commission, FCC, has reiterated its stand that no government agency will be allowed to deny any state its fair share of employment opportunities under the federal character principle. The Executive Chairman of the Commission, Mrs Ayo Omidiran, gave the charg...
On a good day, a Nigerian entrepreneur rarely thinks about the mechanics of a phone call. A customer dials an 080 number, an automated greeting plays, a representative answers, an order is confirmed, or a complaint is resolved, and business moves forward. On a bad day, the call d...
—Accuses NASS of oversight failure By Emma Ujah, Abuja Bureau Chief ABUJA — The Centre for Social Justice, CSJ, has urged the Federal Government to immediately release funds for the implementation of the 2026 capital budget, warning that continued delays undermine the Constitutio...
The Nigerian Railway Corporation (NRC) on Thursday reported a “minor” fire outbreak at the Idu Train Station in Abuja, caused by an electrical fault. A statement by the corporation’s Chief Public Relations Officer, Callistus Unyimadu, noted that the minor fire incident occurred i...
The late Nollywood actress, Temitope Osoba, popularly known as Tope Osoba, has been buried. Tope was buried on Thursday September 10, 2026 at Iperu Remo cemetery in Ogun State. A video from the burial ceremony captured how the actress was buried amid tears. The ceremony was atten...
…Need to shift from resilience to sustained growth – MAN By Yinka Kolawole The Minister of State for Industry, Senator John Owan Enoh, has said that Nigeria is faced with the challenge of translating the country’s N372.8 trillion rebased economy into higher manufacturing output, ...
Nine of Nigeria's ten largest listed consumer goods companies generated less dollar revenue in 2025 than they did in 2022, the last full year before Nigeria's foreign exchange reforms, even as their combined naira revenue nearly tripled and all ten delivered real growth over the ...
By Olasunkanmi Akoni ABUJA — A fire incident on Wednesday evening affected part of the Idu Train Station in Abuja, damaging some electrical installations but causing no loss of life. The Nigerian Railway Corporation, NRC, which confirmed the incident on Thursday, said the situati...
The Lagos Waste Management Authority, LAWMA, has arrested a resident of Meiran, Lagos, for allegedly dumping waste into a drainage channel during rainfall. The arrest came after a viral video circulated online showing a woman bringing refuse out of her house and allegedly dumping...
inDrive, a global mobility and delivery services platform, is gaining traction among Nigerian consumers as the country’s ride-hailing market continues to evolve, recording a 96 per cent increase in app installs and emerging as the number one ride-hailing app in Nigeria by install...
