Economy Archives | Famous Reporters

Sep

05

2026

Nobody Will Pay Above ₦610’: Hashim Promises ₦605 Petrol, Targets ₦200 in 2027

Economy, ENERGY, POLITICS#AccordParty, #FuelPriceNigeria, #FuelSubsidy, #GbengaOlawepoHashim, #Nigeria2027, #NigeriaPolitics, #PetrolPrice, #PetrolPriceNigeria

Nobody Will Pay Above ₦610’: Hashim Promises ₦605 Petrol, Targets ₦200 in 2027 For millions of Nigerians already struggling with transport and household costs, the promise of ₦605 petrol — and eventually ₦200 — is the kind of political pledge that immediately raises one question: can Nigeria really make fuel this cheap without bringing back the subsidy burden? What if petrol could return to a price Nigerians have not seen in years? The Accord Party presidential candidate Gbenga Olawepo-Hashim has promised that Nigerians would pay no more than ₦610 per litre for petrol under his proposed administration, with a longer-term…

Sep

01

2026

By Famous Reporters

Union Bank’s alpher Empowers 98 Women Entrepreneurs With Skills, Others

Economy#Alpher, #EntrepreneurshipNigeria, #FearlessFemaleFounders, #FemaleEntrepreneurs, #UnionBank, #WomenEmpowerment, #WomenEntrepreneurs, #WomenInBusiness

Union Bank’s alpher Empowers 98 Women Entrepreneurs With Skills, Others From business ideas to growth opportunities: 98 Nigerian women entrepreneurs are getting a stronger shot at building sustainable businesses through Union Bank’s alpher initiative. For 98 women entrepreneurs across Nigeria, a business idea is becoming a stronger opportunity for growth after Union Bank’s alpher partnered with Zuri Circle Network (ZCN) to provide skills, mentorship and funding through the Fearless Female Founders (FFF) 2.0 Accelerator Programme. LAGOS, Nigeria — For 98 women entrepreneurs across Nigeria, a business idea is becoming a stronger opportunity for growth after Union Bank’s alpher partnered with…

Aug

31

2026

By Famous Reporters

GOMEP-NG Urges FG to Empower Women, Expand Funding and Economic Opportunities

Economy#GenderEquality, #GOMEPNG, #NigeriaEconomy, #NigeriaNews, #WomenEconomicEmpowerment, #WomenEmpowerment, #WomenEntrepreneurs, #WomenInBusiness

GOMEP-NG Urges FG to Empower Women, Expand Funding and Economic Opportunities Millions of Nigerian women are still struggling to access finance, business support and leadership opportunities, prompting the Guild of Online Media Editors and Publishers of Nigeria (GOMEP-NG) to call for stronger government action to empower women, especially those at the grassroots. GOMEP-NG has urged the Federal Government to expand funding and economic opportunities for Nigerian women, especially those in low-income and underserved communities. The group said better access to finance, education, business support and leadership opportunities would help women contribute more to Nigeria’s economic growth and national development. ABUJA…

Aug

28

2025

By Famous Reporters

Police Inspector shielding illegal mining truck allegedly shoots soldier dead

Economy#Illegalmining, #Intetception, #nigerianarmy

Police Inspector shielding illegal mining truck allegedly shoots soldier dead There was tension in Bauchi state, in the early hours of, Thursday, August 25, as a trigger happy Inspector of the Nigeria Police, allegedly shot dead a soldier of the Nigerian army, all in a bid to assist aid an illegal mining truck in Bauchi while helping illegal mining truck slip away from possible arrest. Reportedly, the mobile police officer Inspector allegedly gunned down the soldier of the Nigerian Army, while trying to intercept a truck suspected to be conveying solid minerals from an illegal mining site in Futuk, Alkaleri…

Aug

31

2024

By Famous Reporters

BELEMAOIL UNVEILS ITS NEW CEO, CFO IN A MOVE TO BOLSTER GROWTH, DEVELOPMENT.

Business, Economy, NEWS

Belemaoil Producing Limited has unveiled Ahmadu Sambo as its new Managing Director/Chief Executive Officer and Emmanuel Onos as its new Chief Finance Officer. The appointments aim to drive transformational growth and realize the company's shared vision. According to Founder and President Tein T.S. Jack-Rich, "We are on the threshold of rapid recovery, transformational growth, and industrial boom to realize our shared vision and deliver superior value to shareholders." The new appointees bring over 70 years of combined experience and impeccable track records in Nigeria's oil and gas industry. Jack-Rich explained that the move aims to reset Belemaoil as a world-class…

Jun

01

2024

By Famous Reporters

One Year Of Doing Things Differently: The Peter Mbah Story

Economy, Education, Featured, NEWS, OPINION, POLITICS#Apolitical, Enugu

He arguably comes across as the Governor with the best scorecard in 365 days. Ndi Enugu can attest to this truism. The Enugu space today tells lucid testimonies of the place of commitment, dedication, capacity and competency in transformational leadership. And such is the remarkable Story of Peter Mbah. I had a near 30 minutes private dialogue with His EXCELLENCY Peter Ndubuisi Mbah three days after he was sworn in as the Executive Governor of Enugu State in 2023. Interestingly I have elected to pen this Tribute in Profound Leadership in his honour exactly one year after that incisive dialogue.…

Oct

06

2023

By Famous Reporters

EDITORIAL: Nigeria, privatize the Oil sector Now! By Vivian Chima

Economy#Industry, #Oil, #OilSector, #OPEC

EDITORIAL: Nigeria, privatize the Oil sector Now! Vivian Chima writes in from Umuahia, Abia I’ve always given thoughts to the fact that the Federal Government should indeed privatize the oil sector and restrict its activities to being an industry regulator if we must get it right in that sector. What does it really take to get it right in the Oil sector in Nigeria, so many years of running that sector aground. The vultures that have held tenaciously to the downstream oil sector are now vampires sucking the blood that runs through its veins and by extension draining the life…

Sep

24

2023

By Famous Reporters

Fact Check On Trending Photo Of Naira Marley’s Arrest In UK Over Mohbad’s Death

Economy#death, #Mohbad, #NairaMarley

Fact Check On Trending Photo Of Naira Marley’s Arrest In UK Over Mohbad’s Death Sodiq Lawal A photograph showing moment Nigerian musician Azeez Fashola, popularly known as Naira Marley was arrested by the UK police has gone viral on social media. The picture on a X (Twitter) social media platform with “@PO_GrassRootM” as profile name of the account was posted to falsely claimed that Naira Marley has been arrested…” The picture on a X (Twitter) social media platform with “@PO_GrassRootM” as profile name of the account was posted to falsely claimed that Naira Marley has been arrested on Saturday. From…

May

16

2023

By Famous Reporters

Experts Harps On Savings, Income Diversification At Ecobank Nigeria Workers Conference

Business, Economy#Commemoration, #Diversification, #EcoBank, #Savings, #Webinar

Experts Harps On Savings, Income Diversification At Ecobank Nigeria Workers Conference Salary earners, individuals, self-employed and small businesses have been advised to make deliberate efforts to save and diversify their income stream in the light of the current state of the nation’s economy. This was the submission of panelists at the webinar titled: Maximising your income: the power of diversification, organized by Ecobank Nigeria as part of its commemoration of this year’s Workers’ Day. This is just as Ecobank has reiterated that it has wide array of product offerings and financial services to meet the needs of the people and…

Jan

04

2023

By Famous Reporters

ROAD MAP TO 2023: Read Details Of Ariam/Usaka People’s Assembly’s Resolutions ) On Elections, Politics

Economy#Ariam-Usaka, #Economic and financial Crimes Commission, #EconomicAcceleration, #EffectiveRpresentation, #Ikwuano, EFCC

ROAD MAP TO 2023: Read Details Of Ariam/Usaka People’s Assembly's Resolutions ) On Elections, Politics BEING RESOLUTION OF ARIAM/USAKA PEOPLE’S ASSEMBLY ( THIRD FORCE) ON ELECTIONS, POLITICS POLITICKING AND THE ROAD MAP TO 2023 *PREAMBLE:* We the undersigned representatives of Ariam/Usaka comprising innocentvillage heads, women leaders and youth leaders,recently found the opportunity to gather as a matter of urgency to review the progress made thus far in the political and economic circumstances of our dear clan since the return of democracy in 1999. It became expedient because party politics and election matters are now on the speed lane towards 2023.…