The long-dormant Olokola Free Trade Zone (OKFTZ) is officially waking up. In a massive economic move, the Ondo State Government, led by Governor Lucky Aiyedatiwa, has partnered with the Dangote Group to transform the coastal corridor into Nigeria’s largest industrial and free trade hub. For decades, the multi-billion dollar OKFTZ […]
Global ratings agency S&P Global Ratings has lifted Nigeria’s long-term credit rating to ‘B’ from ‘B-‘, citing tangible gains from President Bola Tinubu’s structural reforms and a dramatically improved economic trajectory. The Upgrade Drivers S&P pointed to three years of sustained reforms, particularly the 2023 foreign exchange market liberalization that […]
After nearly two decades of missed deadlines and fragmented efforts, Nigeria’s Digital Switch-Over (DSO) is finally evolving into a nationwide reality. While skeptics question the viability of the new FreeTV strategy, a closer look reveals it isn’t just a platform—it’s a sophisticated, multi-layered ecosystem designed for the 2026 media landscape. […]
Two of Africa’s biggest corporate giants—United Bank for Africa (UBA) and Dangote Group—have moved swiftly to shut down circulating falsehoods targeting their leadership, reaffirming their commitment to transparency and reputation management. UBA denounced claims of a supposed divorce involving its Group Chairman, Tony Elumelu, labeling the reports “false, defamatory, and […]
Global markets surged and oil prices dipped sharply after Iran announced the full reopening of the Strait of Hormuz to commercial vessels—a high-stakes move signaling possible progress in tense negotiations with the United States. The development comes days before a critical ceasefire deadline on April 21, with fresh diplomatic efforts […]
The ongoing legal feud between cryptocurrency tycoon Linus Williams Ifejirika (better known as Blord) and social media activist Martins Otse (VeryDarkMan) has taken a dramatic turn. On Thursday, April 1, 2026, a Federal High Court in Abuja ordered Blord to be remanded at the Kuje Correctional Center following his arraignment […]
President Bola Tinubu’s historic two-day state visit to the United Kingdom has yielded a cascade of landmark agreements spanning infrastructure, education, agriculture, and migration—reshaping Nigeria-UK relations for a generation. From Windsor Castle to 10 Downing Street, the first Nigerian state visit in nearly four decades delivered tangible results that promise […]
Nigeria is set for a major agricultural transformation as the Nigeria Sovereign Investment Authority (NSIA) partners with Asset Green Ltd to develop a large-scale dairy production and processing hub aimed at reducing reliance on imported milk. The agreement, signed in London, outlines a $500 million investment that will integrate 20,000 […]
Nigeria is facing a fresh energy crisis as petrol pump prices surged past ₦1,100 per litre this week, triggered by a suspension of loading at the Dangote Petroleum Refinery and a volatile spike in global crude oil prices driven by the escalating Middle East conflict. Dangote Refinery Halts Loading Amid Price Adjustments As of March […]
Fuel Scarcity 2026: Why Petrol Prices Hit ₦1,100 Amid Dangote Halt Fuel Scarcity 2026: Why Petrol Prices are Hitting ₦1,100 Amid Dangote Loading Halt and Middle East Crisis LAGOS, Nigeria — Nigeria is facing a fresh energy crisis as petrol pump prices surged past ₦1,100 per litre this week, triggered […]
