Nigerian NewsDirect

Dangote Refinery critical to Nigerian’s $1trn economy vision — FG

The Federal Government has described the Dangote Petroleum Refinery and Petrochemicals as a cornerstone of Nigeria’s ambition to build a $1 trillion economy, pledging deeper collaboration with the private sector to accelerate industrialisation, job creation and economic transformation. Minister of State for Industry, Senator John Owan Enoh, made the declaration on Thursday after leading a ...

EFCC recovers ₦42m for businessman

The Acting Zonal Director, Benin Zonal Directorate, Deputy Commander of the EFCC, Sa’ad Hanafi Sa’ad, on Wednesday, July 29, 2026, handed over a bank draft of ₦42 million to Ebesunun Mathew Edonojie, being the sum recovered by operatives of the Commission from fraudsters who defrauded him. Edonojie, a businessman dealing in cement, had in 2022 ...

Equities market reverses gains, as broad selloffs erase ₦648bn investors fund

The Nigerian equities market reversed its recent gains during midweek trading on Wednesday, as widespread sell-offs across major sectors wiped out ₦648 billion in investor wealth. The market downturn was driven by broad-based profit-taking, ending a bullish run and dragging down both the All-Share Index (ASI) and total market capitalization. Market operators noted that the ...

LASEPA launches digital greenhouse gas registry

By Firdaus Jibril The Lagos State Environmental Protection Agency (LASEPA) has launched a digital Greenhouse Gas Registry to measure, report and verify greenhouse gas emissions across different sectors of the state’s economy. Speaking at the launch, the General Manager of LASEPA, Babatunde Ajayi, said the registry would enable Lagos State to accurately measure, report and ...