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Business News Nigeria
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- 1Dangote hires refinery engineers for new Kenya crude plant●Aliko Dangote, Africa’s richest person, has hired the engineers that built his Lagos refinery to work on the new crude p
Aliko Dangote, Africa's richest person, has hired the engineers who built his Lagos refinery to work on a new crude processing plant in Kenya, with construction expected to begin this month. The move extends his refining ambitions beyond Nigeria, and observers are watching whether the project can replicate the scale and impact of his Lagos facility on East Africa's fuel supply.
- 2Kubwa Gas Explosion Damages Shops, Firefighters Avert Larger Blast●Kubwa Gas Explosion Damages Shops as Firefighters Prevent Wider Blast
A gas explosion in Kubwa, a densely populated satellite town of Abuja, Nigeria, damaged several shops, with firefighters credited with preventing the fire from triggering a much wider blast. No casualty details have been confirmed. Residents are voicing renewed concern over the safe storage and sale of gas in busy commercial and residential areas.
- 3Late Tax Interest Falls as Nigeria Links Charges to Market Rates●Late Tax Interest Falls as FG Links Charges to Market Rates
Nigeria's Federal Government has reduced the interest charged on late tax payments by tying it to prevailing market rates, a move expected to lower penalties for taxpayers who miss deadlines. The change has drawn attention in business and property circles, where observers see it as part of broader efforts to make the tax system fairer and encourage compliance among individuals and companies.
- 4Sani says nutrition is central to human capital development▼Nutrition is central to human capital development – Sani
Sani stated that nutrition is central to human capital development, according to Business News Nigeria. The remark underscores the argument that adequate nutrition underpins health, education outcomes and economic productivity, making it a priority for development policy. No further details about the remarks or the occasion were provided in the available report.