FG Hails Dangote Refinery as Cornerstone of Nigeria’s $1 Trillion Economy Plan

The Federal Government has described the Dangote Petroleum Refinery and Petrochemicals as a vital pillar of Nigeria’s ambition to build a $1 trillion economy, reaffirming its commitment to strengthening partnerships with the private sector to drive industrialisation, create jobs, and accelerate economic growth. The declaration was made by the Minister of State for Industry, Senator…

NDLEA Destroys Alleged $360 Million Meth Lab in Ogun, Three Mexican Nationals Among 10 Facing Trial

The National Drug Law Enforcement Agency (NDLEA) has dismantled what authorities describe as the largest clandestine methamphetamine laboratory ever uncovered in Nigeria, following a court order issued over environmental and public health concerns. The makeshift drug production facility, hidden deep within a forest between the Abidagba and Iroto communities in Ogun State, was pulled down…

US Bans Chinese-Made Humanoid and Robot Dog Imports Over National Security Concerns

The United States has announced a major new restriction on the import of foreign-made humanoid and quadruped robots, citing growing concerns over national security, cybersecurity, and the protection of critical infrastructure. The move is expected to have its greatest impact on Chinese manufacturers, further escalating the technology rivalry between Washington and Beijing. The decision was…

Nigeria and Canada Move Closer to Direct Flights as Bilateral Air Services Agreement Nears Completion

Nigeria and Canada have taken another significant step toward launching direct flight services as both countries intensify negotiations to finalize a Bilateral Air Services Agreement (BASA) that could transform air travel, trade, and economic cooperation between the two nations. The development was confirmed in a statement issued by Tunde Moshood, Special Adviser on Media and…

Seplat Energy to Sell 10% Stake in NNPC Joint Venture Assets for $281.6 Million

Seplat Energy has announced a major transaction with the Nigerian National Petroleum Company (NNPC) Limited, confirming an agreement to sell a 10 percent working interest in the assets held within their joint venture for approximately $281.6 million. The company disclosed the development in a regulatory filing submitted to the Nigerian Exchange (NGX) on Thursday, providing…