BUSINESS

Oil discovery at Eba: Ogun Govt reaffirms jurisdiction, cites legal, historical evidence

Daily Dispatch February 1, 2026

The Ogun State Government has reaffirmed its territorial jurisdiction over Eba Island in Ogun Waterside Local Government Area, dismissing claims from some quarters in Ondo State as misleading and capable of triggering avoidable communal tension. The clarification follows public debates and a

BUSINESS

Presidency: Nigeria on recovery path as Tinubu targets $1tn economy

Daily Dispatch February 1, 2026

The Presidency has reaffirmed that President Bola Ahmed Tinubu set a bold goal from the outset of his administration to expand Nigeria’s economy to $1 trillion by the year 2030, maintaining that the nation is steadily emerging from the impact of ongoing economic reforms. Speaking at a media engagement in Abuja over the weekend, the […]

BUSINESS

U.S. and Nigeria forge stronger trade ties through new investment partnership

Daily Dispatch February 1, 2026

The United States and Nigeria have taken a significant step to deepen commercial relations with the U.S.-Nigeria Commercial and Investment Partnership (CIP), a five-year initiative aimed at boosting trade, investment, and private sector growth. The partnership was highlighted at a ministerial meeting in Lagos co-chaired by U.S. Deputy Assistant Secretary for the U.S.

BUSINESS

NNPC Ltd Unveils Gas Master Plan 2.0

Daily Dispatch January 30, 2026

...Milestone Represents Nigeria’s Dev’t Aspirations, Says Ekpo As part of ongoing efforts to reposition Nigeria’s gas sector as the engine room of national industrialisation, energy security, and sustainable economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) has officially unveiled its Gas Master Plan (GMP) 2026, tagged NGMP 2026. The unveiling,

BUSINESS

Turkey targets $5bn trade volume with Nigeria – Erdogan

Daily Dispatch January 28, 2026

President Recep Tayyip Erdogan of Türkiye has reaffirmed his country’s commitment to achieving a $5 billion trade volume with Nigeria, announcing that discussions toward the target are already underway. Erdogan spoke on Tuesday in Ankara during a joint press briefing with President Bola Tinubu, held as part of the Nigerian leader’s State Visit to Türkiye. […]

BUSINESS NEWS

Nigeria’s new economic model under Tinubu to drive higher GDP Figures – IMPI

Daily Dispatch January 27, 2026

One of Nigeria’s notable policy groups, the Independent Media and Policy Initiative (IMPI) has said that the new economic model deployed by the President Bola Tinubu administration is bound to drive the country’s GDP higher in 2026 and beyond. In a policy statement signed by its Chairman, Dr Omoniyi Akinsiju, IMPI projected that the economy […]