Industry & Money
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91FG Shifts 15% Fuel Import Duty to Q1 2026
The Federal Government has approved the postponement of the implementation of the 15 per cent import duty on petrol and diesel until...
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74Nigeria Recommits to Regional Cooperation on Blue Economy, Fisheries
The Federal Government, through the Minister of Marine and Blue Economy, Adegboyega Oyetola, has restated its commitment to regional cooperation and sustainable...
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48FG Lists ₦1tr MOFI Real Estate Fund on NGX
The federal government on Tuesday listed the N1 trillion Managed Real Estate Investment Fund (MREIF) Series 2, managed by the Ministry of...
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92Steel, Defence Ministries Partner on Local Arms Production
In a major step towards achieving self-sufficiency in defence manufacturing and reviving Nigeria’s moribund steel industry, two federal ministries have signed a...
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89NACCIMA, China to Strengthen Industrial, Technological Relations
As part of its ongoing trade and investment mission to China, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture...
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103FG to Launch Two New Investment Funds for Nigerian Startups
The Federal Government, through its Investment in Digital and Creative Enterprises (iDICE) programme, has announced plans to introduce two additional funds in...
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99FG Unveils Africa’s Largest Fibre Optic Factory, Backs Local Tech Growth
Nigeria has taken a major leap in digital infrastructure with the commissioning of Africa’s largest fibre optic cable factory and the continent’s...
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68
Crude Earnings Plunge by 43%
Nigeria’s gross profit from crude oil and gas sales plunged by N824.66bn in 2024 despite a rebound in oil production, figures from...
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81
Nigeria Set for Oil Output Surge, Says NUPRC
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has expressed optimism that Nigeria’s crude oil output will soon...
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82FG Unveils Outgrowers’ Programme for Sugar Production
The National Sugar Development Council (NSDC) has unveiled the Sugarcane Outgrower Development Programme, a flagship initiative aimed at boosting local sugar production...
