Category: Business
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NIGERIA APPEALS FOR SUPPORT IN IMO COUNCIL BID, CITES STRONG MARITIME LEADERSHIP
Nigeria seeks IMO Council seat to sustain regional maritime security and global trade role. Minister Adegboyega Oyetola urged backing for Nigeria’s IMO Council Category-C bid, highlighting the country’s vital ports and zero piracy record under the Deep Blue Project. He emphasized Nigeria’s commitment to inclusive maritime governance, blue economy reforms, and regional collaboration, portraying Nigeria…
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STANLEY CUPS TO LABUBU TOYS, NIGERIANS FACE FINANCIAL PRESSURE TO KEEP UP WITH LUXURY TRENDS.
Abuja residents express concern over the high costs of trendy luxury items like expensive nail art, Labubu collectibles, and Stanley Cups, which have become status symbols fueled by celebrity influence on social media. Many youths overspend, some resorting to risky means, leading to debt and financial stress. Experts advise prioritizing financial responsibility over peer pressure…
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DANGOTE CEMENT PAYS N3.3 TRILLION IN DIVIDENDS OVER 15 YEARS, PLANS BIGGER EXPANSION
Dangote Cement celebrates strong shareholder returns and ambitious growth to boost Africa’s self-sufficiency. Dangote Cement announced it has paid N3.3 trillion in dividends over 15 years, assuring sustained returns under new Chairman Emmanuel Ikazoboh. CEO Arvind Pathak revealed expansion plans to reach 66.4Mta capacity by 2030 with projects in Côte d’Ivoire, Itori, and Ethiopia, backed…
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NIGER, RUSSIA DEEPEN AGRICULTURE AND MINING TIES WITH BUSINESS DELEGATION VISIT
Promising partnerships take root as Russian delegation explores investment opportunities in Niger State. Governor Mohammed Bago welcomed a Russian business delegation from Sber Bank and strategic partners to Minna, aiming to boost cooperation in agriculture and mining after a recent MoU. The visit underscores fruitful outcomes from Bago’s Russia trip, with plans to expand into…
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GLOBAL SCHOOL MEALS REACH 466 MILLION CHILDREN, BOOSTING EDUCATION AND JOBS
School meal programs grow by 80 million kids since 2020, unlocking health, learning, and economic benefits worldwide. The World Food Programme reports 466 million children now receive nutritious school meals—a 20% increase fueled by rising government investments. Beyond hunger relief, school meals enhance attendance, cognitive function, and education quality, while creating millions of jobs in…
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TINUBU ORDERS FEC TO CRASH FOOD PRICES, PROMOTE SAFE PASSAGE OF AGRICULTURAL GOODS
Federal Government intensifies push for affordable food through targeted transport reforms and food sovereignty vision. President Tinubu has mandated a Federal Executive Council committee to drive down food prices nationwide by ensuring safe, efficient passage of farm produce across transport routes. Minister Sen. Sabi Abdullahi highlighted this effort as central to achieving food sovereignty, alongside…
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NIGERIA LAUNCHES CAMPAIGN FOR IMO COUNCIL SEAT TO BOOST GLOBAL MARITIME LEADERSHIP
Nigeria bids for Category C seat at IMO, pledging strong, responsible leadership and maritime security. Nigeria, led by Minister Adegboyega Oyetola, kicked off its campaign in New York for a 2026–2027 International Maritime Organization (IMO) Council seat. Highlighting Nigeria’s strategic maritime position, vast coastline, and landmark security achievements like the Deep Blue Project, Oyetola promised…
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NLNG LEVERAGES AI TO BOOST SAFETY, EFFICIENCY IN GAS OPERATIONS
Pioneering AI adoption slashes training time and sharpens decision-making in Nigeria’s gas sector. NLNG’s Deputy MD Olakunle Osobu revealed at Gastech Milan that AI integration is revolutionizing operations across its vast infrastructure, enhancing safety and productivity. AI cuts operator training from 6-12 months to just 2-3, enables smarter equipment management, and reinforces NLNG’s zero-incident culture.…
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NIGERIA AIMS FOR 25% INDUSTRIAL GDP GROWTH BY 2035 WITH STRATEGIC ENERGY PUSH
Ambitious new framework to transform Nigeria into a competitive, gas-driven industrial powerhouse. At the Gastech conference in Milan, Minister Sen. John Owan unveiled Nigeria’s plan to boost industrial GDP contribution from 10% to 25% by 2035 under President Tinubu’s strategic framework. Emphasizing a shift from resource reliance to innovation, Nigeria is leveraging its vast gas…
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AEDC REPORTS NATIONAL GRID COLLAPSE CAUSING POWER OUTAGE
Nationwide blackout hits AEDC areas after grid failure; restoration efforts underway. The Abuja Electricity Distribution Company (AEDC) announced a collapse of the national grid at 11:23 a.m. on Wednesday, causing widespread power outages across its franchise areas. AEDC is coordinating with stakeholders to restore power as soon as the grid stabilizes, urging customers for patience…
