BUSINESS

FG Targets Pension Funds, Capital Markets to Close Nigeria’s $2.3tn Infrastructure Gap

Daily Dispatch May 13, 2026

The Federal Government is intensifying efforts to unlock pension funds, Sukuk bonds, green financing, and other capital market instruments to tackle Nigeria’s massive $2.3 trillion infrastructure deficit, the Director-General of the Infrastructure Concession Regulatory Commission, Dr. Jobson

BUSINESS

Pioneer Airlines Secures NCAA Certification, Set to Connect Southern Nigeria Through Port Harcourt, Yenagoa

Daily Dispatch May 13, 2026

An emotional moment unfolded on Wednesday as the management of Pioneer Airlines officially received its Air Operator Certificate (AOC), with the airline’s leadership describing the milestone as the fulfilment of a lifelong dream and a major breakthrough for regional air connectivity in Southern Nigeria. Speaking shortly after receiving the certification from the Nigeria

BUSINESS

UBA, Redtech, MoMo PSB Launch Interoperability Deal to Expand Cardless Payments in Nigeria

Daily Dispatch May 5, 2026

United Bank for Africa, Redtech, and MoMo PSB have unveiled a new payment interoperability partnership aimed at expanding seamless, cardless transactions for consumers and merchants across Nigeria. The collaboration integrates Redtech’s payment infrastructure with UBA’s extensive merchant network and MoMo PSB’s mobile wallet ecosystem, enabling customers to make payments

BUSINESS

NNPC Signs MoU with Chinese Firms to Revive, Expand Warri and Port Harcourt Refineries

Daily Dispatch May 4, 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with two Chinese firms—Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd—to advance the restart and expansion of Nigeria’s key refining assets. The NNPC Chief Corporate Communications officer, Mr. Andy Odeh

BUSINESS

NNPC Completes OB3 River Niger Crossing, Boosts Gas Transmission Capacity by 2bcf/d

Daily Dispatch April 30, 2026

The Nigerian National Petroleum Company Limited has announced the successful completion of the River Niger crossing on the Obiafu-Obrikom-Oben (OB3) Gas Pipeline, unlocking an additional 2 billion standard cubic feet per day (2bcf/d) in gas transmission capacity. The development was disclosed in a statement issued on Thursday by the company’s Chief Corporate Communications

BUSINESS

Tinubu Moves to Waive Airline Debts, Slash Ticket Taxes Amid Jet Fuel Crisis

Daily Dispatch April 23, 2026

President Bola Ahmed Tinubu has approved sweeping measures aimed at stabilizing Nigeria’s aviation sector, including plans to waive debts owed by domestic airlines and reduce multiple taxes and levies on air travel. The announcement was disclosed by the Minister of Aviation, Festus Keyamo, following a high-level meeting with airline operators and oil marketers in Abuja.