BUSINESS

NMDPRA Approves Petrol Import Licences for Six Marketers to Support Supply Stability 0
- BUSINESS
- March 13, 2026
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued permits to six petroleum depot owners and marketers to import Premium Motor Spirit (PMS), commonly known as petrol. The move is widely seen within the industry as part of efforts by the Federal Government to maintain stability and competition in the downstream petroleum sector.
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Cannabis Farming Programme Begins In Ghana Under Strict Regulation 0
- BUSINESS
- March 12, 2026
The government of Ghana has officially opened applications for licences to cultivate and manage cannabis for industrial and medicinal purposes under a newly launched regulatory framework aimed at developing a controlled cannabis industry. The initiative is being implemented through the Narcotics Control Commission following the launch of the national cannabis licensing regime by Interior Minister
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$1.3bn Partnership Targets Bauxite Lithium And Iron Ore Projects 0
- BUSINESS
- March 2, 2026
Abuja Nigeria – The Federal Government of Nigeria has signed a $1.3 billion investment partnership with the Africa Finance Corporation (AFC) to develop a major alumina refinery and two other strategic mining projects, officials say. The deal is aimed at transforming the nation’s solid minerals sector, diversifying the economy and fostering industrialisation across key value chains.
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FAAN Alerts Passengers To Flight Disruptions Following Middle East Airspace Closures 0
- BUSINESS
- March 1, 2026
The Federal Airports Authority of Nigeria (FAAN) has warned that flights to and from Middle East destinations are facing disruptions following airspace closures in parts of the region triggered by military strikes involving the United States and Israel against Iran, aviation sources report. In a statement issued on Saturday February 28, 2026, FAAN said the
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Dangote Cement Seals $1bn Deal With Sinoma To Build 12 African Plants 0
- BUSINESS
- February 28, 2026
Dangote Cement Plc has signed a landmark agreement worth over $1 billion with Sinoma International Engineering, a major Chinese engineering firm, for the construction of 12 new cement plants and expansion projects across Africa, multiple business news outlets report. The strategic framework agreement, sealed in Lagos on Friday, forms part of Dangote Cement’s growth strategy
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Paramount Agrees $110 Billion Deal To Acquire Warner Bros Discovery 0
- BUSINESS, LIFESTYLE
- February 28, 2026
Paramount Skydance Corporation has reached a definitive agreement to acquire Warner Bros. Discovery (WBD) in a deal valued at approximately $110 billion, one of the largest media mergers in entertainment history, international news reports say. Under the terms of the agreement Paramount will pay $31.00 per share in cash for all outstanding Warner Bros. Discovery
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