BUSINESS

Shettima Sparks Debate, Says Lagos Produced Africa’s Two Richest Men

Daily Dispatch June 9, 2026

Vice President Kashim Shettima has stirred fresh debate over Nigeria’s economic landscape, declaring that Lagos, rather than Kano, was instrumental in producing Africa’s two richest businessmen, Aliko Dangote and Abdulsamad Rabiu. Shettima made the remark while highlighting Lagos’ role as

BUSINESS

Dangote Refinery Ramps Up to 700,000 Barrels Per Day, Strengthening Africa’s Energy Landscape

Daily Dispatch June 4, 2026

Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone in the facility’s operational expansion and further cementing its position as World’s Largest Single Train Petroleum Refinery. The increase sees the

BUSINESS

Bayelsa Enters Commercial Aviation as Gov Diri Becomes Pioneer Airlines’ First Passenger

Daily Dispatch May 25, 2026

Bayelsa State formally stepped into Nigeria’s commercial aviation space on Monday as the governor of the state, Douye Diri boarded the inaugural operational flight of Pioneer Airlines, becoming the airline’s symbolic “Passenger 1A.” The historic non-scheduled flight marked the official commencement of operations by Pioneer Airlines using one of the aircraft acquired by the

BUSINESS

Rabiu Calls for Africa-Wide Industrial Revolution at CEO Forum

Daily Dispatch May 15, 2026

Founder and Chairman of BUA Group, Abdul Samad Rabiu, has urged African leaders and businesses to embrace coordinated industrialisation and move away from dependence on raw commodity exports in order to secure the continent’s economic future. Rabiu made the call while speaking at the Africa CEO Forum held in Kigali, where he stressed that Africa […]

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 Oseodion Ewalefoh, has said. Speaking at the 2026 Infrastructure Dialogue in

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