Industry & Money
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176FG 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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161Crude 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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155
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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182FG 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...
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1.0KTelecom Subscribers Hit 173m –NCC
Nigeria’s telecommunications industry continued its steady expansion in the third quarter of 2025, as active telephone subscriptions climbed to 173.54 million in...
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142Stop Exporting Crude, OPEC tells Nigerian Producers
The Chairman of the OPEC Board of Governors for 2025 has called on Nigerian oil producers to prioritise domestic refining and value...
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143MAN Declares Support for 15% Import Tariff on Petrol, Diesel
Manufacturers Association of Nigeria (MAN) yesterday declared its support for the federal government’s recent approval of a 15 per cent import tariff...
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170NEMSA Intensifies Nationwide Monitoring to Ensure Safety in Power Sector
The Nigerian Electricity Management Services Agency (NEMSA) yesterday said it had intensified its nationwide monitoring, testing, and inspection of electrical installations to...
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198ACCI Targets Food Security with Mechanised Farming Drive
The President of the Abuja Chamber of Commerce and Industry, Emeka Obegolu, has reaffirmed the chamber’s commitment to advancing Nigeria’s food security...
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160
LCCI Urges FG to Postpone Implementation of 15% Petrol, Diesel Import Tax
The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to postpone the implementation of the 15 per...
