BUSINESS

Envoy says efforts ongoing to lift Nigeria trade surplus of $10 billion with Europe higher

Daily Dispatch December 3, 2025

The Europe Union Ambassador to Nigeria, Gautier Mignot has stated that efforts are on to further lift Nigeria’s trade balance of $10 billion surplus as known barriers are in line to be removed. Mignot said that the expected EU -Nigeria ministers summit is aimed at addressing the trade barriers

BUSINESS

When Market Gains Don’t Reach Consumers: The Need for Accountability in Fuel Pricing

Daily Dispatch December 3, 2025

By Nick Agule In September 2024, the Nigerian National Petroleum Company Limited (NNPCL) published a pricing template for the Dangote Refinery, with the estimated pump price set at N950 in Lagos. This template was built on two key assumptions: a crude oil price of $71.61 per barrel and an exchange rate of N1,637.59 per dollar. […]

BUSINESS

FG launches Biodiversity Finance Initiative to safeguard nation’s ecosystem

Daily Dispatch November 29, 2025

In a landmark move towards safeguarding the nation’s forests, ecosystems, and biodiversity that underpin livelihoods across the country, the federal government has launched the Biodiversity Finance Initiative (BIOFIN). It is an important step towards bridging financial gap for biodiversity conservation while strengthening partnerships among government institutions, the

BUSINESS

ACCI, NADDC, Surge Africa advocates Nigeria’s e-mobility infrastructure

Daily Dispatch November 26, 2025

Abuja Chamber of Commerce and Industry (ACCI), in partnership with the National Automotive Design and Development Council (NADDC) and Surge Africa, has called for urgent action to advance electric mobility infrastructure in Nigeria. The call was made in Abuja on Wednesday during a high-level roundtable dialogue to commemorate the World Sustainable Transport Day. The event,

BUSINESS

Fidelity Bank reaffirms support for indigenous oil, gas development

Daily Dispatch November 25, 2025

Fidelity Bank Plc has restated its commitment to advancing Nigeria’s oil and gas industry, with a strong focus on supporting indigenous operators. This was highlighted by the bank’s Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe,OON, during a first oil presentation event for Emadeb Energy at Fidelity Place, the bank’s corporate headquarters in Lagos.

BUSINESS

Breaking: NNPC Limited declares ₦5.4 trn profit after tax

Daily Dispatch November 24, 2025

… As Ojulari Pledges Strategic Investments to Sustain Growth into Next Decade NNPC Limited has announced its financial performance for the full year ended 2024, reporting a Profit After Tax of ₦5.4 trillion on revenue of ₦45.1 trillion. The results, shared during its earnings call with analysts, underscore a year of strong operational delivery. Building […]