BUSINESS

NNPC, Dangote Cement Partnership to Deepen Energy Security, Boost Economic Growth

Daily Dispatch February 21, 2026

The Nigerian National Petroleum Company Limited and Dangote Group have reaffirmed their commitment to a strategic partnership aimed at strengthening Nigeria’s energy security and driving economic prosperity. This renewed alliance was cemented during a high-level visit by the Group Chief

BUSINESS

Energy Expert Accuses PENGASSAN of Stalling Nigeria’s Petroleum Sector Reforms

Daily Dispatch February 21, 2026

An energy expert, Nick Agule, has criticised the Petroleum and Natural Gas Senior Staff Association of Nigeria, accusing the union of obstructing reforms and contributing to inefficiency in Nigeria’s petroleum sector. In a statement issued on February 21, 2026, Agule alleged that the union has, over the years, resisted critical reforms while prioritising its own […]

BUSINESS

Nigeria’s Oil and Gas Sector Enters a New Fiscal Era

Daily Dispatch February 18, 2026

By Olumide Bajulaiye The Nigerian oil and gas industry is undergoing one of its most significant fiscal restructurings in recent years, following sweeping directives that fundamentally alter revenue flows and operational oversight. Announced by the Presidency, these reforms have far-reaching implications for operators, regulators, and the country’s broader fiscal

BUSINESS LEAD STORY 2

Tinubu Orders Direct Transfer of Oil, Gas Revenues to Federation Account

Daily Dispatch February 18, 2026

President Bola Tinubu has signed a sweeping Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, in a move aimed at blocking revenue leakages, dismantling overlapping structures, and boosting funds available to the three tiers of government. The directive, signed pursuant to Section 5 of the 1999 Constitution (as […]

BUSINESS

FG Launches Single-Digit Loan Scheme to Empower 6,122 Nigerian Entrepreneurs

Daily Dispatch February 17, 2026

The Federal Government has unveiled a landmark financing programme aimed at transforming Nigeria’s entrepreneurial landscape by providing 6,122 Micro, Small, and Medium Enterprises (MSMEs) with access to single-digit interest loans under the SMEDAN Inspire–Create–Start–Scale (ICSS) programme. Launched in Abuja on Tuesday, the initiative is a collaboration between the Small

BUSINESS

Polaris Bank Launches Global Gift Card Feature on VULTe

Daily Dispatch February 17, 2026

Polaris Bank, through its digital lifestyle platform VULTe, has introduced a faster, smarter way for users to send love, appreciation, and rewards across borders with the launch of its new Gift Card feature, enabling customers to deliver global brand gift cards to family and friends anywhere in the world in seconds. Designed for speed, security, […]