Industry & Money
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568NMDPRA Data Expose Weak Modular Refinery Contribution
Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel demand over the three months spanning November 2025...
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536Tinubu Extends Raw Shea Nut Export Ban to Boost Local Processing, Value Addition
President Bola Tinubu has approved a one-year extension of the ban on raw shea nut exports, effective from February 26, 2026, to...
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357Nexim Bank Disbursed ₦108bn to Exporters in 2025
The Managing Director of the Nigerian Export-Import Bank (NEXIM), Abubakar Abba Bello, has disclosed that the Bank disbursed a total of N108...
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455Nigeria’s Oil Palm Production Rises to 1.57m Tonnes as Demand Hits 2.6m Tonnes
Data by the Council of Palm Oil Producing Countries (CPOPC) has revealed that Nigeria’s palm oil production increased from 1.28 million tonnes...
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537FG Targets $1b Investment, 500,000 Jobs in Mining Push
The Federal Government has projected that the mining sector would raise employment from the current 0.3 per cent to 500,000 jobs by...
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407Banks, Telcos End Four-Year ₦300b USSD Debt Dispute
Banks and telecommunications operators in Nigeria have ended a four-year dispute over nearly N300bn owed for Unstructured Supplementary Service Data services, with...
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382NGX Admits First Commercial Paper Listing with ₦119.87b Dangote Cement issuance
Nigerian Exchange Limited has recorded its first Commercial Paper (CP) listing, following the admission of N119.87 billion in Series 1 and Series...
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390NHF Collections Rise to ₦152b in 2025 –FMBN
The Federal Mortgage Bank of Nigeria (FMBN) has revealed that collection from the National Housing Fund has risen to N152 billion in...
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5G Adoption Stalls At 3% as 4G Dominates Market –NCC
Nigeria’s mobile telecommunications landscape remains firmly rooted in fourth-generation (4G) technology, which supports the majority of connections nationwide, even as fifth-generation (5G)...
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381NUPRC Moves to End Crude Theft with First Metering Facility
The Federal Government has intensified efforts to strengthen accountability in the crude oil sector with the inauguration of Nigeria’s first Gravimetric Multifaceted...
