BUSINESS

Woodhall Capital in Partnership with Polaris Bank, UK & Lagos State Governments, Launch ₦1.5 Billion Fund to Scale Nigeria’s Creative Economy

Daily Dispatch July 14, 2025

Woodhall Capital in partnership with Polaris Bank, Lagos and UK governments have announced the launch of a ₦1.5 billion Creative Sector Fund aimed at expanding access to structured financing for creative entrepreneurs meant to scale their output across fashion, film, music, and digital

BUSINESS

Abiodun Seeks Brazilian Investors for Olokola LNG, Livestock, Mining, Tourism, Power Plant, Others

Daily Dispatch July 10, 2025

Ogun State Governor, Prince Dapo Abiodun has urged investors from Brazil to partner with the state to set up a fertilizer plant at the Olokola Liquefied Natural Gas Project. The governor also stated that Ogun State is ready for investment opportunities in oil and gas, livestock, mining, agriculture, power plant development, renewable energy, tourism, technical […]

BUSINESS

Rwanda Pledges to Strengthen Trade, Aviation, ICT Ties with Nigeria

Daily Dispatch July 9, 2025

Rwanda’s High Commissioner to Nigeria, Christophe Bazivamo, has said his country is poised to strengthen bilateral relations with Nigeria through trade, aviation, and Information and Communication Technology (ICT). Bazivamo made this known on Friday night in Abuja during the 31st anniversary of Rwanda’s Liberation Day, also known as Kwibohora, with the theme: “The Journey

BUSINESS NEWS

BINL to Build $15 billion 500,000 BPD Refinery, Establish Free Trade Zone in Ondo State

Daily Dispatch July 9, 2025

Backbone Infrastructure Nigeria Limited (BINL) has concluded plans to construct and operate a 500,000 barrel per day (BPD) refinery at the Sunshine Industrial Park in Ogboti, Eruuna and establish the Sunshine Free Trade Zone (FTZ) in the Ilaje Local Government Area of Ondo State. The refinery, a joint venture with the Ondo State Government represented […]

BUSINESS

Dangote Refinery Cuts Petrol Price Again, Drops to N820 Per Litre

Daily Dispatch July 9, 2025

Dangote Refinery has announced another reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, lowering it from N840 to N820 per litre. The new rate takes effect immediately, marking the second price cut within a week. This follows a previous downward adjustment from N880 to N840 per litre, driven by […]

BUSINESS

Ninth TICAD Summit Set for August in Yokohama

Daily Dispatch July 8, 2025

The Ninth Tokyo International Conference on African Development (TICAD 9) will take place from Wednesday, August 20 to Friday, August 22, 2025, in Yokohama, Japan. Launched in 1993 by the Japanese government, TICAD serves as a leading forum for dialogue and collaboration on Africa’s development. The summit brings together African nations, Japan, and key international […]