BUSINESS FEATURES

Why Shell’s $20 Billion Bet on Nigeria Reflects Growing Confidence in Tinubu’s Economic Reforms

Daily Dispatch January 26, 2026

By Sunday Oladapo When Shell Plc announced plans to invest up to $20 billion in Nigeria, it was not just another headline-grabbing foreign direct investment pledge. It was a powerful signal that Africa’s largest economy is regaining the trust of global capital, and that President Bola Ahmed

BUSINESS

Shell CEO lauds Tinubu’s leadership, plans $20bn fresh investment in Nigeria

Daily Dispatch January 25, 2026

The Chief Executive Officer of Shell Plc, Mr Wael Sawan, has commended President Bola Ahmed Tinubu for his leadership and vision, describing them as the key reasons the global energy giant is preparing to invest an additional $20 billion in Nigeria. Sawan made the remarks during a meeting with President Tinubu at the Presidential Villa, […]

BUSINESS

FG signs concession agreement for Akanu Ibiam International Airport, Enugu

Daily Dispatch January 23, 2026

The Federal Government has formally signed the concession agreement for the Akanu Ibiam International Airport, Enugu, marking a major step toward the modernisation of Nigeria’s aviation infrastructure. The agreement was signed on Wednesday, January 21, 2026, by the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, as part of the Federal Government’s

BUSINESS

Tinubu Approves Oil Drilling at Ogun Waterside, Olokola Deep Seaport to Take Off — Abiodun

Daily Dispatch January 22, 2026

—New Seaport to Be Known as Blue Marine Economic Zone Ogun State’s long-standing aspiration to become an oil-producing state is set to materialise following the approval by President Bola Ahmed Tinubu for the commencement of commercial oil drilling at Eba, Ogun Waterside Governor Dapo Abiodun disclosed this on Thursday while receiving the Flag Officer Commanding, […]

BUSINESS

Dangote Group signs $350m deal with India’s engineers for refinery expansion

Daily Dispatch January 19, 2026

Dangote Group has signed a contract valued at over $350 million with India’s state-owned Engineers India Limited (EIL) for the expansion of its refinery operations. The agreement was disclosed by EIL in a statement released recently, confirming that the Indian engineering firm will act as the Project Management Consultant (PMC) as well as the Engineering, […]

BUSINESS

SEC raises capital requirements for brokers, fund managers, digital firms 

Daily Dispatch January 16, 2026

Nigeria’s Securities and Exchange Commission (SEC) has issued a far-reaching revision of capital requirements for virtually all capital market operators. This is according to a circular released by the Commission on January 16, 2026, which replaces the long-standing 2015 capital regime and sets a compliance deadline of June 30, 2027. The new framework aims to […]