Business Archives

LCFE gets NMDPRA Licence to Trade, clear Petroleum Liquid

L–R: S & P Global Ratings’ Managing Director, Africa Research & Analytics and Country Head, South Africa, Samira Mensah; Special Adviser on Homeland Security to President Tinubu, General Adeyinka Famadewa (Rtd); Director-General, Securities and Exchange Commission (SEC), Dr Emomotimi Agama; Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Authority (NMDPRA), Malam Rabiu Umar; Managing Director […]

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August 12, 2026
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Business

Kelvin Emmanuel : OPEC Losing Relevance As Global Power Dynamics Shift

Energy Consulting Practice, Kelvin Emmanuel, has said that the OPEC is steadily losing its relevance as a global price-setting body, citing internal divisions, geopolitical tensions, and shifting production alliances. Speaking during an interview with ARISE NEWS on Saturday, Emmanuel explained that while OPEC was originally established to give oil-producing countries leverage and stabilise prices, changing […]

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May 3, 2026
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Business

VIDEO: Many of my children don’t want to follow me — Razaq Okoya

Razaq Okoya, founder of Eleganza Industrial City Limited and the Aare of Lagos, has revealed that his rise to wealth was shaped by lessons learned from his late father. Speaking in an interview which started trending on Wednesday, the billionaire businessman said his father, a tailor who also sold tailoring materials, introduced him to commerce […]

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May 1, 2026
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Breaking News

Nigeria, Jamaica, others at risk of UK visa restrictions – Official

Several African and Caribbean countries, including Nigeria and Jamaica, could face visa restrictions to the UK if Reform UK wins the next general election. The proposed policy targets nations that formally demand reparations for slavery. As reported by the Daily Mail, the party’s home affairs spokesperson, Zia Yusuf, defended the plan, saying: “A growing number […]

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April 7, 2026
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Business

30 Innovation Teams Emerge in Nigerian Engineering Olympiad Regional Qualifiers in Nigeria

The Nigerian Engineering Olympiad (NEO) has announced the selection of 30 standout innovation teams to advance to the regional phase of its national competition, marking a significant milestone in a 10-month journey to transform academic research into a commercial, sustainable enterprise. Selected from an initial pool of 375 submissions, these teams represent the vanguard of […]

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April 4, 2026
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