Business

Devakumar Edwin, Vice President of Dangote Industries Limited, has alleged that International Oil Companies (IOCs) are deliberately hindering the operations of the Dangote Oil Refinery and Petrochemicals. According to Edwin, these companies are frustrating the refinery’s attempts to purchase local crude oil, thereby forcing it to import crude from the …

By Funmi Ojo, OYO | In its latest report, OPEC disclosed that Nigeria’s crude oil production dropped to 1.25 million barrels per day (bpd) in May 2024, marking a decline from 1.28 million bpd recorded in April. Channels Television highlighted that this decline occurred despite efforts by the Nigerian National …

By Lilian Edward, LAGOS | In 2010, the Lagos State Government launched the Oko-Orisan Waterfront Residential Land Scheme, promising a secure investment opportunity for Diasporans looking to own property in Lagos. However, hopes have dwindled, and unless Governor Babajide Sanwo-Olu intervenes, the situation appears grim. Subscribers to the scheme are …

As the prices of foodstuffs and other commodities continue to soar, plunging many Nigerians into hardship, the National President of the All Farmers Association and President of the Nigeria Agribusiness Group, Kabiru Ibrahim, speaks with Olumide Olusegun about the challenges facing farmers, issues of insecurity, and other pressing concerns. The …