News - Inside Business Africa

Dec122025 by info@insidebusinessafricang.comNo Comments

Dangote Unveils ₦1 Trillion Scholarship Scheme for 1.3 Million Nigerian Students

…Federal Government Hails Initiative as Bold and Transformative Chairman of the Aliko Dangote Foundation (ADF) and the President of Dangote Group, Aliko Dangote, , has announced a ₦1 trillion scholarship programme to expand access to education and promote academic excellence across Nigeria. Starting in 2026, the initiative will support over 1.3 million students from all 774 local government areas, with ₦100 billion committed annually for 10 years. The programme targets Nigeria’s most vulnerable learners and is structured into three categories: Aliko Dangote STEM Scholars – 30,000 undergraduates in public universities and polytechnics will receive tuition support of up to ₦600,000 per year; Aliko Dangote Technical Scholars – 5,000 TVET trainees will get essential study materials and t...

Dec122025 by info@insidebusinessafricang.comNo Comments

Inside the World of Ezinne Dora Okoro, Abia’s Trailblazing Sports Ambassador, Philanthropist

LifeStyle, News, World

Ezinne Dora Okoro, the Abia State Ambassador of Sports and founder of the widely recognised Adihe Foundation, has devoted her career to empowering disadvantaged children in her Ozuitem community in Bende Local Government Area of Abia State. A trained lawyer turned entrepreneur, sports agent, philanthropist and mother of three, she has steadily built a reputation for service, resilience and impact. In this exclusive interview, the Ozuitem-born advocate, who is also CEO of the Adihe Foundation and an FA-licensed football agent, speaks about her journey, her passion for education and youth development, her work in sports, and the values that continue to shape her life. Victoria Ojiako brings excerpts Okay. Let me start from your birthday. You added another year to your...

Dec122025 by info@insidebusinessafricang.comNo Comments

Books To Enkindle The Familial Bonding of Christmas

Entertainment, News

Last week, LEADERSHIP Lifestyle, suggested classic literatures centered around the theme of Christmas in preparation for the season. Christmas is centered largely around the spirit of love, sharing and family. Today, Christmas is beginning to lose that familial union, as younger people move further away to towns and big cities in search of work. Unfortunately, with a worsening global economy and higher standard of living, an increasing number of single people and married ones are unable to make it back home for the holidays. In fact, some are beginning to lose sight of the importance of family at Christmas. To rekindle those familial bonds in our readers, here are four classical literature that reminds us to never take family for granted, as there are those who have had to live wi...

Dec122025 by info@insidebusinessafricang.comNo Comments

Super Eagles Urged To Forge New Narrative At AFCON After World Cup Heartbreak

News, Sports

With the 35th Africa Cup of Nations (AFCON) finals in Morocco just few days away (21st December 2025 – 18th January 2026), the executive committee of the Nigeria Football Federation (NFF) has issued a rallying cry to the Super Eagles to “completely forget the unfortunate ending to the FIFA World Cup playoffs” and instead “use the same North African kingdom as the arena to write a new story about themselves and their abilities.” The committee gave the explicit charged in a communique issued at the end of it’s meeting on Wednesday at the Sunday Dankaro House, Moshood Abiola National Stadium, Abuja. The Ibrahim Gusau-led executive committee of the football body, also mandated its secretariat to ensure a “hitch-free run-in” to the championship for the three-time African champions, unders...

Dec122025 by info@insidebusinessafricang.comNo Comments

Terminals Invest N167bn To Boost Safety, Technology, Efficiency At Onne Port

Business, Economy, Energy, Entertainment, Finance, Growth & Insight, Innovation, Logistics, Maritime, News, Technology & Innovation, World

The managing director of WACT-APM Terminals Nigeria, Jeethu Jose, announced that the terminal operator has invested N167billion ($115million) in safety, security, technology and overall efficiency at the Onne Port. Jeethu while speaking at the maiden Customer Excellence Awards and Dinner Night in Port Harcourt, Rivers State, said the feat was achievable through consistent Customers’ support. LEADERSHIP reports that the event brought together industry leaders, valued customers and partners to celebrate collaboration, innovation and shared success in Nigeria’s port sector. The evening recognised customers for their resilience, loyalty and contributions to improving cargo flow and operational efficiency. It also served as a platform to reflect on achievements in 2025 and outline p...

Dec122025 by info@insidebusinessafricang.comNo Comments

Executive Vice Chairman, National Agency for Science and Engineering Infrastructure (NASENI)

Breaking News, Business, Economy, Energy, Growth & Insight, Innovation, News, Technology, Technology & Innovation

Executive Vice Chairman, National Agency for Science and Engineering Infrastructure (NASENI), Khalil Suleiman Halilu; Chairman, Senate Committee on NASENI, Senator Francis Ezenwa Onyewuchi; and Chairman, Presidential Implementation Committee on Technology Transfer (PICTT), Dr. Dahiru Mohammed with students of Aflon Digital Academy, Kuje and Government Secondary School, Idu-Karmo, Abuja respectively at the launch of FutureMakers by NASENI, held at the Agency’s headquarters Thursday December, 11, 2025.

Dec122025 by info@insidebusinessafricang.comNo Comments

Federal Govt Unveils First Gas Trading, Clearing Platform To Boost Investment In Sector

Breaking News, Business, Economy, Energy, Finance, Growth & Insight, Industry, Innovation, News

The federal government has unveiled Nigeria’s first gas trading and clearing platform, an initiative aimed at attracting more investment into the country’s gas sector. Unveiled on Thursday, the platform, known as the Gas Trading Licence, Clearing House, and Settlement Authorisation, is designed to increase transparency, efficiency, and liquidity in the natural gas market. By providing a centralised electronic marketplace for gas trading, it will enable buyers and sellers to transact more seamlessly and at competitive prices. The initiative, spearheaded by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in collaboration with the Securities and Exchange Commission (SEC), licenses Jex Markets to establish and operate a Gas Clearing House and Settlement A...

Dec122025 by info@insidebusinessafricang.comNo Comments

Local refining boom slashes petrol Imports by N6tn

Business, Capital Market, Economy, News, Oil & Gas

Nigeria’s petrol import bill fell sharply in the first nine months of 2025, dropping by N6.07tn compared with the same period of 2024, according to an analysis of National Bureau of Statistics trade data. The value of imported motor spirit, ordinary, stood at N5.42tn between January and September 2025, far below the N11.50tn recorded in the corresponding period of 2024. The contraction represents a 52.82 per cent collapse in the country’s petrol import bill, a shift analysts link to improvements in domestic refining output and reduced dependence on offshore supply. A breakdown of the quarterly data shows that the decline has been consistent since the start of the year. In the first quarter of 2024, Nigeria spent N3.81tn on PMS imports, but this fell to N1.76tn in the first quarter of...

Dec122025 by info@insidebusinessafricang.comNo Comments

Nigeria’s exports outpace imports as trade surplus hits N6.69tn

Breaking News, Business, Economy, Energy, Industry, Logistics, Maritime, News, World

Nigeria recorded a trade surplus of N6.69tn in the third quarter of 2025, at a 27.29 per cent growth rate, continuing a trend of trade surpluses. Stakeholders attribute the consistent positive performance to the economic reforms in the foreign exchange market. Latest data from the National Bureau of Statistics on foreign trade in goods showed that total exports in Q3 2025 stood at N22.81tn, while imports amounted to N16.12tn, resulting in a surplus of N6.69tn. The figure represents a 27.29 per cent year-on-year rise, compared to the N5.26tn surplus recorded in Q3 2024. However, it reflects a 10.36 per cent decline from the N7.46tn surplus posted in Q2 2025. Economists and private-sector groups explained to The PUNCH that the Q3 2025 foreign trade figures showed that reforms in the...

Dec122025 by info@insidebusinessafricang.comNo Comments

Oil output rose by 35,000bpd in November – Report

Business, Capital Market, Economy, Growth & Insight, News, Oil & Gas

Nigeria recorded one of the strongest month-on-month production gains among Organisation of the Petroleum Exporting Countries members in November 2025, pumping 1.436 million barrels per day, up from 1.401 mbpd in October, according to the December 2025 OPEC Monthly Oil Market Report. The figures, drawn from direct communication between member countries and the organisation, show that Nigeria added 35,000 bpd in November, its most significant rise in recent months. However, this is still below the country’s allotted quota of 1.5 mbpd, even as the country continues efforts to restore output toward the target. The increase underscores gradual improvements in upstream security and project optimisation across major producing terminals. This will be the fourth consecutive month Ni...