Online News Magazine
Online News Magazine
Electricity remains one of the most critical drivers of economic development in Nigeria, influencing productivity, investment, job creation, and the overall quality of life. Yet despite years of reforms and privatization initiatives, the power sector continues to grapple with mounting debts, liquidity constraints, weak investor confidence, and a recurring dependence on government intervention. While credit […]
Electricity remains one of the most critical drivers of economic development in Nigeria, influencing productivity, investment, job creation, and the overall quality of life. Yet despite years of reforms and privatization initiatives, the power sector continues to grapple with mounting debts, liquidity constraints, weak investor confidence, and a recurring dependence on government intervention. While credit […]
The Rural Electrification Agency (REA) would be leading conversations on Nigeria’s renewable energy strategy, which is a component of broader energy transition strategy of the federal government The 2026 Oriental News national conference with the theme, “Carbon Capture: Accelerating Decarbonization Initiatives In Nigeria’s Extractive Industry Through Broad Regulatory Reforms” is bringing together top energy companies […]
The Manufacturers Association of Nigeria (MAN) has described the last three years as a period of painful but necessary economic transition, saying manufacturers have borne a significant share of the burden arising from the Federal Government’s reform agenda. In its assessment of the administration’s economic policies, by its Director-General, Mr Segun Ajayi-Kadiri, MAN acknowledged that […]
When evaluating credit ratings, financial indicators such as revenue growth, profitability, liquidity, and debt-servicing capacity often attract the most attention. However, financial performance alone does not provide a complete picture of an organisation’s creditworthiness. A company may post impressive earnings while facing operational weaknesses that could threaten its long-term stability and ability to meet financial […]
The Central Bank of Nigeria (CBN) has redeployed its four deputy governors with effect from June 1, 2026. The reshufflement was announced via a post on the apex bank’s official website on Monday. Under the current arrangement, Dr Muhammad Abdullahi, the Deputy Governor in charge of Economic Policy, has been reassigned to the Corporate Services […]
The Finance Correspondents Association of Nigeria (FICAN) has recorded a historic milestone with the election of its first female chairman in the association’s 36-year history. Bukola Aro-Lambo of Leadership Newspapers emerged as chairman during the association’s election held in Lagos, becoming the first woman to lead the body since its inception in 1989. Her election […]
Ahead of the maiden Nigeria Ceramic Investment Summit and Production Exhibition (NCISPE) 2026 in Lagos, the Chief Convener and Summit Director, Prof. Patrick Oaikhinan, has disclosed that Nigeria is on the verge of attracting multi-billion naira investments as foreign ceramic firms increase their interest in developing and revitalising the nation’s ceramic industry. Speaking in an […]
The Economist Intelligence Unit (EIU) has stated that the operational expansion of the 650,000 barrels-per-day Dangote Petroleum Refinery and Petrochemicals is revolutionising Nigeria’s downstream oil sector, significantly reducing the nation’s dependence on imported petroleum products while strengthening economic growth and foreign exchange earnings. In its latest review of Nigeria’s fuel market and regulatory landscape, the […]
Dangote Industries Limited has further strengthened its reputation as one of Africa’s most influential corporate brands after retaining the title of Africa’s Most Admired African Brand for the eighth consecutive year. The company’s Group Chief Branding and Communications Officer, Anthony Chiejina, also earned recognition as one of Africa’s 100 Most Influential Chief Marketing Officers. The […]
