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Dangote Refinery Highlights Fuel Distribution Capacity, Warns of Rising Costs from Coastal Logistics

Dangote Refinery has outlined key facts about its fuel production and distribution operations, warning that increased reliance on coastal transportation could significantly raise petrol prices and impose a heavy cost burden on the Nigerian economy, Prime Business Africa reports. In a press

February 6, 2026

News

FG Targets N33.19trn Revenue in 2026 Budget, Relies Heavily on Federation Transfers

The Federal Government has projected a total revenue of N33.19 trillion in its proposed 2026 budget, with federation transfers remaining the single largest source of funding, alongside growing contributions from government-owned enterprises and independent revenues. A breakdown of the proposal, obtained from

February 6, 2026

News·Top Stories

Court Jails Ex-NEXIM Bank MD, Roberts Orya, 490 Years for N2.4bn Fraud

A Federal Capital Territory High Court in Abuja has convicted and sentenced a former Managing Director of the Nigerian Export-Import Bank (NEXIM), Roberts Orya, to a cumulative 490 years’ imprisonment for bank fraud involving N2.4 billion, Prime Business Africa reports. Justice F.E.

February 6, 2026

News·Security·Top Stories

Türkiye Condemns Kwara Terror Attack, Pledges Support for Nigeria

The Republic of Türkiye has condemned the recent terrorist attack in Nigeria’s Kwara State, describing it as a heinous act and expressing solidarity with the country, Prime Business Africa reports. In a press release issued by Türkiye’s Ministry of Foreign Affairs on

February 6, 2026

News·Top Stories

INEC Raises Concern Over Party Infighting as It Registers Two New Political Parties

The Independent National Electoral Commission (INEC) has warned that persistent internal crises and leadership disputes within political parties pose a growing threat to Nigeria’s democratic process, even as it registered two new political parties, bringing the total number of registered parties to

February 5, 2026

News·Top Stories

Opposition, Civil Society Warn Over Threat to Election Integrity After Senate Rejects Mandatory Real-Time Result Uploads

Opposition parties and civil society groups have raised alarms over the Nigerian Senate’s rejection of mandatory real-time electronic transmission of election results, warning that the decision could undermine transparency and public confidence ahead of the 2027 general elections. The Senate, on February

February 5, 2026

News·Security·Top Stories

Tinubu Deploys Army to Kwara After Terrorist Attack as Obi, Others Demand Action

President Tinubu has ordered the deployment of an army battalion to Kaiama Local Government Area of Kwara State following a deadly attack on Woro and surrounding communities, which has claimed at least 162 lives, with the toll expected to rise as search

February 5, 2026

Obi of Onitsha Igwe Alfred Nnaemeka Achebe

News·Nigeria·Top Stories

“We Need Stiffer Punishment for Women Beaters” – Obi of Onitsha

The Obi of Onitsha, Igwe Nnaemeka Alfred Ugochukwu Achebe, has called for harsher punishments for men who assault women, saying it would serve as a deterrent against further abuse. He made the call on Wednesday during a television interview. Speaking on the

February 4, 2026

News·Nigeria·Politics·Top Stories

Sanusi Rejects Move to Include Traditional Rulers in Constitution

The Emir of Kano, Alhaji Dr. Sanusi Lamido Sanusi, has rejected proposals to formally include traditional rulers in Nigeria’s Constitution, calling the move unnecessary and politically motivated. In a television interview, Sanusi said the authority of traditional rulers comes from the love

February 4, 2026

News·Nigeria

Emir of Kano Blames Governance Gaps for Girls Being Out of School

The Emir of Kano, His Highness Muhammadu Sanusi II, has identified structural challenges, rather than cultural factors, as the main barrier keeping many girls out of school in Nigeria. Speaking in a televised interview, Sanusi said the government’s failure to provide schools

February 4, 2026

News·Top Stories

Obi Accuses Tinubu Government of Fiscal Recklessness Over Overlapping Budgets

Former Anambra State Governor, Peter Obi, has accused the administration of President Tinubu of fiscal recklessness, citing what he described as Nigeria’s growing culture of overlapping budgets, poor implementation, and declining transparency in public finance management. In a statement on Monday, Obi

February 2, 2026

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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News

Dangote Refinery Highlights Fuel Distribution Capacity, Warns of Rising Costs from Coastal Logistics

FG Targets N33.19trn Revenue in 2026 Budget, Relies Heavily on Federation Transfers

Court Jails Ex-NEXIM Bank MD, Roberts Orya, 490 Years for N2.4bn Fraud

Türkiye Condemns Kwara Terror Attack, Pledges Support for Nigeria

INEC Raises Concern Over Party Infighting as It Registers Two New Political Parties

Opposition, Civil Society Warn Over Threat to Election Integrity After Senate Rejects Mandatory Real-Time Result Uploads

Tinubu Deploys Army to Kwara After Terrorist Attack as Obi, Others Demand Action

“We Need Stiffer Punishment for Women Beaters” – Obi of Onitsha

Sanusi Rejects Move to Include Traditional Rulers in Constitution

Emir of Kano Blames Governance Gaps for Girls Being Out of School

Obi Accuses Tinubu Government of Fiscal Recklessness Over Overlapping Budgets

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Dangote Refinery Highlights Fuel Distribution Capacity, Warns of Rising Costs from Coastal Logistics

FG Targets N33.19trn Revenue in 2026 Budget, Relies Heavily on Federation Transfers

Court Jails Ex-NEXIM Bank MD, Roberts Orya, 490 Years for N2.4bn Fraud

Türkiye Condemns Kwara Terror Attack, Pledges Support for Nigeria

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

Dangote Refinery Highlights Fuel Distribution Capacity, Warns of Rising Costs from Coastal Logistics

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