Friday, 20 February, 2026

Category: Business


The Federal Government on Tuesday brokered peace between the management of Dangote Refinery and Petrochemical Limited and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), paving the way for workers of the refinery to unionise. The agreement was Read more…


The Speaker of the House of Representatives, Abbas Tajudeen, has warned that Nigeria’s rising debt profile has exceeded the country’s legal threshold and now poses a major threat to fiscal sustainability. Abbas spoke on Monday at the opening of the Read more…


Efforts by the federal government to broker peace between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Dangote Group ended in a stalemate on Monday night, leaving the nationwide strike by oil workers unresolved. The meeting, Read more…


Foreign businesses are welcome if they have not supported the Ukrainian army, spokesman Dmitry Peskov has said Western businesses are welcome to return to Russia if they have not supported the Ukrainian army and have met all obligations to their Read more…


The plan by the Bureau of Public Enterprises (BPE) to privatise or concession the nation’s three refineries located in Port Harcourt, Kaduna and Warri appears to have met with stiff resistance from different quarters, with many stakeholders describing it as ill-timed Read more…


Labour Party presidential candidate in the 2023 election, Peter Obi, has called out the federal government over the 5% tax on all fossil fuel sales as part of its new tax law that goes into effect in January 2026. Obi, Read more…


Pressure on Nigeria’s Tier-2 banks is intensifying as the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation deadline approaches. New research by SBM Intelligence warns that many may be swept up in a fresh wave of mergers and acquisitions. In Read more…


Former Aviation Minister, Senator Hadi Sirika, has dismissed widespread claims that the controversial ‘Nigeria Air’ project initiated under the Muhammadu Buhari administration was a scam, insisting that he was “very clean” from any misdeed. Sirika said this during an appearance Read more…


With one deal in Beijing Russia redirected energy flows that had run to the West for fifty years, eastward The EU’s cheap-gas lifeline just got handed to Beijing instead. With three signatures, Russia, China and Mongolia rerouted half a century Read more…


…recalls Dembos as DG President Bola Ahmed Tinubu has withdrawn the recently announced management changes at the Nigerian Television Authority (NTA), recalling the Director-General, Salihu Abdullahi Dembos, and the Executive Director of News, Ayo Adewuyi, to complete their tenures. Tribune Read more…


German Chancellor Friedrich Merz said on Saturday he expected that Russia would only stop its war against Ukraine once it could no longer wage it for economic and military reasons, given that diplomatic efforts in recent weeks had failed. “All Read more…


World leaders are gathering in Tianjin for the 2025 Shanghai Cooperation Organization summit Chinese President Xi Jinping is welcoming top leaders including Russian President Vladimir Putin and Indian Prime Minister Narendra Modi as the 2025 Shanghai Cooperation Organization (SCO) Summit Read more…