BUSINESS

FIRS signs strategic pact with France to modernise Nigeria’s tax administration

Daily Dispatch December 10, 2025

The Federal Inland Revenue Service (FIRS) has entered into a landmark cooperation agreement with the Government of France as part of efforts to upgrade Nigeria’s tax administration through enhanced digital systems, capacity building and strengthened cross-border tax enforcement. The pact,

BUSINESS

Gov. Ododo unveils Kogi-Hunan FTZ with $500m FDI, 50,000 jobs projection

Daily Dispatch December 9, 2025

Kogi State Governor, Ahmed Usman Ododo, has led Chinese and international partners to unveil the Ajaokuta Economic City, a new Free Trade Zone (FTZ) projected to attract $500 million in annual foreign direct investment and create 50,000 jobs. Speaking at the stakeholders’ engagement held at the Transcorp Hilton in Abuja, Governor Ododo said the project […]

BUSINESS

Breaking: NNPC E&P Limited records highest output in 36 years, hits 355,000 bpd

Daily Dispatch December 9, 2025

NNPC E&P Limited (NEPL), the upstream arm of NNPC Limited, has achieved a historic production milestone, hitting 355,000 barrels of oil per day on December 1, 2025—its highest daily output since 1989. The breakthrough marks a major leap forward for Nigeria’s upstream industry and highlights the company’s accelerated transformation driven by stricter operational

BUSINESS

UBA Group shines at 2025 Banker Awards, named Africa’s Bank of the Year for the third time in five years

Daily Dispatch December 8, 2025

United Bank for Africa (UBA) Plc has once again solidified its position as one of Africa’s most innovative and resilient financial institutions, earning the prestigious title of Africa’s Bank of the Year 2025 from The Banker, a Financial Times publication. This marks the third time in five years that UBA has claimed the top continental […]

BUSINESS

Emadeb Energy Group presents first oil from Ibom field to Akwa Ibom governor

Daily Dispatch December 8, 2025

The Emadeb Energy Group has presented the first oil from the Ibom Field, PPL 236, to the Akwa Ibom State Governor, Pastor Umo Eno. The presentation was made during a courtesy visit to Governor Eno recently [on Wednesday, December 3, 2025], at the Government House in Uyo. From left, Executive Director, Emadeb Energy Group, Mrs […]

BUSINESS

UK, Nigeria launch flagship economic reform programmes to strengthen stability and drive economic growth

Daily Dispatch December 5, 2025

The British High Commission in Abuja has launched two flagship economic reform programmes – the Nigeria Economic Stability & Transformation (NEST) programme and the Nigeria Public Finance Facility (NPFF) – reaffirming the United Kingdom’s long-term commitment to supporting Nigeria’s economic reform and growth agenda. Backed by a £12.4 million UK investment, NEST