Tag Archives: Business

Ajaokuta Steel revival Nigeria gathers momentum as FG opens talks with top Chinese steel firms to restore key industrial asset and boost manufacturing Oreoluwa Ojelabi

Nigeria’s petrol import bill fell 54% in Q1 2025 as Dangote Refinery boosts local supply, marking a major shift in the country’s petroleum trade dynamics Oreoluwa Ojelabi

The Tin Can Island Port Area Command of the Nigeria Customs Service announced a revenue generation of over N128.446 billion in May, continuing its record-breaking performance under Comptroller Frank Okechukwu Onyeka Oreoluwa Ojelabi

Petrobras targets Africa as its main development focus outside South America, with deepwater oil exploration in Côte d’Ivoire, Nigeria, Angola, and Namibia leading the push Oreoluwa Ojelabi

Joseph Tegbe, Director-General of the NCSP, visits Golden Diamond Limited and Choice International Group to strengthen Nigeria-China trade, highlighting new investments in manufacturing, automotive, and alternative energy sectors Oreoluwa Ojelabi

Aliko Dangote confirms Dangote Refinery has ended fuel queues in Nigeria, stabilised prices, and created jobs, significantly boosting the economy Oreoluwa Ojelabi

Tony Elumelu invests N43.91 billion in UBA shares, deepening his stake in the bank ahead of the CBN’s N500 billion capitalisation directive, reaffirming commitment to UBA’s growth Oreoluwa Ojelabi

Nigeria’s Presidency begins internal processes to clear a N2tn legacy debt owed to GenCos by end of current quarter, aiming to stabilise the power sector amidst fiscal constraints Oreoluwa Ojelabi

Lasims Emporium opens a new walk-in fabric store in Ogudu, Lagos, offering premium, stylish fabrics and nationwide delivery Rtn. Victor Ojelabi Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator, who writes ruthlessly about pop culture, religion, politics and entertainment.

Adron Homes & Properties Ltd. has strongly denied a recent report by the Foundation for Investigative Journalism (FIJ), labelling it as defamatory and misleading concerning a land refund claim by a client in Ogun State Freelanews Freelanews is a potpourri of news, entertainment, business, events and photos. This is no …