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Business · ThisDay ·
NNPC Earmarks N473.8bn for Gas Projects, Loans to Units Reach N939bn
Nigeria’s national oil company, NNPC, has earmarked N473.8 billion for gas projects, while loans to its units have reached N939 billion. The headline does not specify the projects, loan terms or timing of the allocations.
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Business · ThisDay ·
Oil Output: NUPRC Outlines Major Offshore Investment Pipelines
The Nigerian Upstream Petroleum Regulatory Commission has outlined major offshore investment pipelines linked to oil production. The headline signals a focus on planned offshore investments, but provides no details about the projects, timelines, investors or expected impact on output.
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Business · ThisDay ·
LASG, Fenchurch Commits to Reviving 26MW Akute Power Plant
The Lagos State Government and Fenchurch have committed to reviving the 26-megawatt Akute power plant. The headline does not specify the project’s timeline, funding arrangements or the plant’s current operational status.
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Business · ThisDay ·
ArtVendoor Launches Platform Connecting Africa’s Art Ecosystem to Global Audience
ArtVendoor has launched a platform intended to connect Africa’s art ecosystem with a global audience. The headline does not specify the platform’s features, participating artists or organisations, or how the service will expand access to international viewers.
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Business · ThisDay ·
Otuyalo for Supply Chain Leadership Summit
The headline announces Otuyalo’s participation in a Supply Chain Leadership Summit. It does not specify Otuyalo’s full identity, the summit’s date or location, or the role Otuyalo will take.
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Business · ThisDay ·
Realising Goals of Nigeria Industrial Policy
The headline concerns efforts to achieve the objectives of Nigeria’s industrial policy. It does not specify the policies, sectors, challenges or measures involved, so further details about the approach and its expected outcomes cannot be established from the headline alone.
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Business · The Punch ·
Ikeja Electric blames low power allocation from national grid for outages
Ikeja Electric says outages in its service area are linked to low electricity allocation from the national grid. The headline does not specify the affected locations, duration of the outages, or how much power the company is receiving.
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Business · Leadership News ·
Scrap Dealers Decried FG’s Insensitivity Over Ongoing Strike
Scrap dealers have criticised the Federal Government for what they described as insensitivity amid an ongoing strike. The headline does not specify the cause of the strike, how long it has lasted, the government’s response or the dealers’ demands.
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Business · Leadership News ·
Nigeria Losing Jobs, Investments Over Underutilised Cable Manufacturing Capacity
Nigeria is losing jobs and investment because its cable manufacturing capacity is underutilised, according to the headline. The issue highlights a gap between the country’s existing production capability and its use.
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Business · Leadership News ·
AfCFTA Will Only Benefit Nigeria If Manufacturers Can Compete – MAN
The Manufacturers Association of Nigeria says the African Continental Free Trade Area will benefit Nigeria only if the country’s manufacturers are able to compete effectively.
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Business · Leadership News ·
Subsidy Removal Proceeds Funding Aviation Infrastructure, Keyamo Says
Aviation Minister Festus Keyamo says proceeds from the removal of fuel subsidies are funding aviation infrastructure. The headline does not specify which projects are receiving the funds or how much has been allocated.
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Business · Daily Post ·
Fuel subsidy removal: Keyamo reveals $500m Lagos airport funding, says investors rushing into Nigeria
Festus Keyamo has disclosed $500 million in funding for a Lagos airport and said investors are moving quickly into Nigeria. The headline links his remarks to the removal of the fuel subsidy but does not provide further details about the funding or investment plans.
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Business · Leadership News ·
Lesotho, Bayelsa Explore Economic Cooperation
Lesotho and Bayelsa State are exploring economic cooperation. The headline does not specify which sectors are being considered, who is involved, or whether any agreements or initiatives have been concluded.
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Business · Daily Post ·
Dollar to Naira exchange rate today, October 5, 2026: Naira extends depreciation against USD
The Daily Post reports that the naira extended its depreciation against the US dollar on October 5, 2026. The headline concerns the day’s dollar-to-naira exchange rate but does not provide a specific rate or details about the size of the currency’s decline.
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Business · BusinessDay ·
Naira gains as reserves hit $54.9bn on stronger oil receipts
The naira strengthened as Nigeria’s foreign reserves reached $54.9 billion, supported by stronger oil receipts. The headline links the currency gain and reserve increase to improved oil-related inflows, without specifying the period or the extent of the naira’s appreciation.
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Business · Daily Trust ·
Kwara To Buy Dangote Refinery Shares For Female Teachers
Kwara State is set to purchase shares in the Dangote Refinery for female teachers. The headline does not provide details on the number of shares, how the purchase will be funded, which teachers are eligible or when the investment is expected to take place.
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Business · Vanguard ·
Presidential Fertiliser Initiative generates ₦61.58bn savings – FG
The Federal Government says the Presidential Fertiliser Initiative has generated ₦61.58 billion in savings. The headline does not specify how the savings were calculated or which period they cover.
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Business · Nairametrics ·
FG, Lagos begin 24/7 power pilot with joint technical committee
The Federal Government and Lagos State have begun a pilot initiative aimed at providing 24-hour electricity. A joint technical committee is involved in the effort, though the headline does not specify the pilot’s locations, timeline or implementation details.
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Business · The Punch ·
Police pension fund weighs Dangote Refinery investment
Nigeria’s police pension fund is considering a possible investment in the Dangote Refinery. The headline does not specify the size or terms of any potential investment, or whether the fund has made a final decision.
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Business · Daily Post ·
Court dismisses businessman’s ₦150m suit against IGP, Keystone Bank
A court has dismissed a businessman’s ₦150 million suit against the Inspector-General of Police and Keystone Bank. The headline does not specify the claims or the court’s reasons.