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Tanzania’s Dewji Eyes $100m Investment in Dangote’s Planned East Africa Refinery

July 11, 2026

Tanzania’s richest businessman, Mohammed Dewji, has expressed interest in investing $100 million in Aliko Dangote’s proposed $17 billion crude oil refinery in East Africa, signalling growing investor confidence in what is expected to become one of the continent’s largest energy infrastructure projects.

News·Nigeria·Transport

Faulty Asaba Tower Recorder Hampers Probe Into VMO Aero Roadway Landing, NSIB Reveals

July 11, 2026

The Nigerian Safety Investigation Bureau (NSIB) has disclosed that a faulty air traffic control recording system at Asaba Airport has complicated its investigation into the VMO Aero aircraft that mistakenly landed on an under-construction roadway instead of the runway, Prime Business Africa

News·Security·Top Stories

Nigerian Army Reveals How Joint Security Operation Rescued 44 Abducted Oyo Pupils, Teachers

July 11, 2026

The Nigerian Army has disclosed that the rescue of 44 pupils and teachers abducted from Oriire Local Government Area of Oyo State was the result of a month-long, intelligence-led operation involving multiple security agencies that dismantled the kidnappers’ network and compelled them

News·Security·Top Stories

8 Abductors Arrested as Tinubu Hails Rescue of Abducted Oyo Pupils, Teachers After 56-Day Ordeal

July 10, 2026

President Bola Tinubu has expressed profound joy over the successful rescue of the pupils and teachers abducted from Orire community in Ogbomoso, Oyo State, praising the coordinated efforts of the nation’s security agencies that secured their freedom after 56 days in captivity,

Supreme Court Judgment On LG Autonomy Not A Silver Bullet To Nigeria's Problems – Makinde

News·Security·Top Stories

Makinde Expresses Relief as Abducted Oyo Pupils, Teachers Regain Freedom After 57 Days

July 10, 2026

Oyo State Governor Seyi Makinde has expressed profound relief following the release of the pupils and teachers abducted in Orire Local Government Area, describing their freedom after 57 days in captivity as a moment of immense joy for the state, Prime Business

Business News·Top Stories

Dollar Appreciates Against Naira In Official, Parallel Markets

July 10, 2026

In the Nigerian foreign exchange market (NFEM) on Friday, the United States dollar (USD) traded at N1,379.62 kobo per USD, compared to the N1,378.43 kobo per $1 recorded during trading on Thursday. Dollar: USD Rate Rises In Official, Black Markets The foreign

NGX Sheds N443bn Amid Sell-Off In Meyer, Fortis Global Insurance

Business News·Top Stories

Over N102bn Wiped Off NGX As Thomas Wyatt, Guinness Shares Plummet

July 10, 2026

During trading in the Nigerian stock market on Friday, shareholders of Thomas Wyatt, Guinness and other companies on the losers’ table lost over N102.65 billion. The loss resulted in the market capitalisation of the Nigerian Exchange (NGX) declining to N156.44 trillion, below

News·Security·Top Stories

Oriire: Kidnapped Oyo Pupils, Teachers Regain Freedom After Over 50 Days in Captivity

July 10, 2026

The kidnapped pupils and teachers of a school in Orire Local Government Area of Oyo State have regained their freedom after spending more than 50 days in captivity, Prime Business Africa reports. The release of the victims was announced on Friday

Business News·Top Stories·World News

US DFC Eyes $205bn Pipeline in Southeast Asia, Signals Interest in Critical Minerals, Energy, Digital Infrastructure

July 10, 2026

The US International Development Finance Corporation (DFC) is ramping up investment in Southeast Asia, with a mandate to deploy $205 billion globally toward supply chains, energy, and infrastructure projects. Speaking at a virtual press briefing hosted by the US Department of State’s

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Latest

Tanzania’s Dewji Eyes $100m Investment in Dangote’s Planned East Africa Refinery

Faulty Asaba Tower Recorder Hampers Probe Into VMO Aero Roadway Landing, NSIB Reveals

Nigerian Army Reveals How Joint Security Operation Rescued 44 Abducted Oyo Pupils, Teachers

8 Abductors Arrested as Tinubu Hails Rescue of Abducted Oyo Pupils, Teachers After 56-Day Ordeal

Makinde Expresses Relief as Abducted Oyo Pupils, Teachers Regain Freedom After 57 Days

Dollar Appreciates Against Naira In Official, Parallel Markets

Over N102bn Wiped Off NGX As Thomas Wyatt, Guinness Shares Plummet

Oriire: Kidnapped Oyo Pupils, Teachers Regain Freedom After Over 50 Days in Captivity

US DFC Eyes $205bn Pipeline in Southeast Asia, Signals Interest in Critical Minerals, Energy, Digital Infrastructure

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