Nigerians in diaspora unite to tackle food security with AgriTech forum
The Global AgriTech Innovation Seminar, hosted by GYANT in Aberdeen, is uniting global experts and young innovators to promote sustainable agriculture through technology.
Business and Economy
UK Envoy: Nigeria’s tough reforms attracting British investors
British High Commissioner Richard Montgomery says Nigeria’s difficult economic reforms are yielding results that boost investor confidence and deepen UK-Nigeria trade ties.
Q2 GDP rises 4.23%, labour unions question impact on living standards
Nigeria’s GDP grew 4.23% in Q2 2025, but labour unions and business leaders argue the figures fail to reflect worsening economic realities for citizens.
Nigeria’s economy expands by 4.23% in Q2 2025 — NBS
NBS says Nigeria’s GDP grew 4.23% in Q2 2025, higher than 3.48% recorded in the same period last year.
Otedola warns oil cabals still threaten Nigeria’s energy future
Femi Otedola hailed the Dangote Refinery and Tinubu’s deregulation policy while warning that entrenched oil cabals still threaten Nigeria’s energy reforms.
Otedola alleges N2trn petrol subsidy fraud under Jonathan
Business mogul Femi Otedola claims more than N2 trillion was fraudulently siphoned through petrol subsidy schemes during Goodluck Jonathan’s presidency, accusing depot owners of corruption and inefficiency.
Nigeria hits 96% of OPEC quota in August, says NUPRC
Nigeria’s oil sector grew to 1.63m bpd in August, meeting 96% of OPEC quota, says NUPRC.
Shoprite: We are not leaving Nigeria
Shoprite has dismissed reports of its exit from Nigeria, announcing a restructuring plan to adapt to economic challenges and strengthen local operations.
World Bank’s favoritism for Ukraine over Africa highlights prioritization of war over development
While the institution’s favoritism for Ukraine is “not surprising,” its prioritization over Africa is “disappointing, because it shows their bias and that their priorities are more for war than development.”
Dangote refinery halts supply to unlicensed marketers
Dangote Petroleum Refinery has stopped supplying fuel to marketers who are not registered, after discovering that some registered partners were diverting subsidised product to unregistered third parties and selling it at market rates, thereby undermining the refinery’s pricing scheme.