Industry & Money
-
209‘NNPC’s Crude-backed $1b Support Critical to Dangote Refinery’s Success’
The Nigerian National Petroleum Company Limited (NNPC) yesterday highlighted the role its over $1 billion investment in the 650,000 barrels per day...
-
70NRC Generates in ₦1.70b from Passengers in Q3
The Nigerian Railway Corporation (NRC) generated N1.70bn from passengers in the third quarter of 2024, an increase of 13.83% from the N1.49bn...
-
205OPS Fears SMEs’ Collapse as Cash Scarcity Lingers
The Organised Private Sector has joined the call on the Central Bank of Nigeria to address the cash scarcity witnessed nationwide, stressing...
-
56Nigeria Exports ₦181.62b Electricity in 9 months
Nigeria exported N181.62bn worth of electricity from January to September of 2024, analysis of data from the National Bureau of Statistics (NBS)...
-
182LCFE, Traders Sign MOU to Launch Auctions Market, Enhance Trade Practices
The Lagos Commodities and Futures Exchange (LCFE), and the Amalgamated Traders Associations of Mile 12 International Market have signed a Memorandum of Understanding...
-
246VP Shettima Inaugurates Nigeria-Owned Oil Vessel in Dubai
Nigeria’s Oriental Energy Resources Limited has unveiled a $315 million Floating Production, Storage and Offloading (FPSO) vessel to boost Nigeria’s oil production...
-
183Financial Markets Review and Outlook
The financial market in 2024 has been a story of “two unequal halves”. In the first half, the domestic equities market surpassed...
-
70Pension Fund Assets hit ₦21.92tr in October –PenCom
The National Pension Commission (PenCom) revealed yesterday that Nigeria’s pension fund assets have surged to N21.92 trillion as of October 2024, reflecting...
-
244Manufacturing Holds Potential to Drive 80% of Non-Oil Exports –MAN
The Manufacturers Association of Nigeria (MAN) has flaunted manufacturing as the backbone of the industrial sector, asserting that it could account for over...
-
169AfDB Facilitates $2.2b for Agro-Industrial Processing Zones in Nigeria
The African Development Bank Group has facilitated $2.2 billion in capital mobilisation for its transformative Special Agro-Industrial Processing Zones Nigeria Phase II...
