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Paddy rice price slump disrupts farming cycle

…farmers struggle to sell …2026 rice output seen shrinking Nigerian rice farmers are scaling back their plans for the 2026 planting season as paddy price slumps, high production costs, and a struggling milling industry squeeze their margins. The price of a ton of paddy has slumped 51 percent to N350,800 from a peak of N720,000
Business

David Mark leads ADC opposition charge for 2027, despite hurdles

…ratifies new manifesto, constitution …British, Chinese envoys attend convention In a defining moment for Nigeria’s growing opposition, the national convention of the African Democratic Congress (ADC) in Abuja on Tuesday transformed into a high-stakes summit of political heavyweights, signalling a coordinated assault on the status quo ahead of the 2027 general elections. Under the leadership
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Business

Paddy rice price slump disrupts farming cycle

…farmers struggle to sell …2026 rice output seen shrinking Nigerian rice farmers are scaling back their plans for the 2026 planting season as paddy price slumps, high production costs, and a struggling milling industry squeeze their margins. The price of a ton of paddy has slumped 51 percent to N350,800 from a peak of N720,000
Business

David Mark leads ADC opposition charge for 2027, despite hurdles

…ratifies new manifesto, constitution …British, Chinese envoys attend convention In a defining moment for Nigeria’s growing opposition, the national convention of the African Democratic Congress (ADC) in Abuja on Tuesday transformed into a high-stakes summit of political heavyweights, signalling a coordinated assault on the status quo ahead of the 2027 general elections. Under the leadership
Business

Money won’t decide 2027, Nigerians will – Ologbodiyan

Kola Ologbodiyan,A chieftain of the African Democratic Congress (ADC),  has said the 2027 general election will be a defining contest between Nigerians and President Bola Tinubu, dismissing the influence of money as a deciding factor in the race. Ologbodiyan made the assertion amid growing concerns by opposition parties that the current administration is attempting to
Business

7 largest oil refineries in Africa in 2026

Africa’s oil market in 2026 reflects a paradox vast crude reserves but limited downstream strength. The continent holds roughly 7–8 percent of global proven oil reserves, yet captures only a fraction of refining value due to constrained capacity and chronically low utilisation, often below 50 percent 1. Dangote Refinery — Nigeria (650,000 bpd) 2. Skikda