Agro-Processing Sector Needs $538m Annual Investment - LCCI   The Lagos Chamber of Commerce and Industry’s Agricultural and Allied Group has projected that increasing nationwide agro-processing capacity would require a continuous investment of $538m yearly for at least a decade. In separate phone interviews, agriculture stakeholders urged...

CBN Rakes in N804bn Through Open Market Auction   The Central Bank of Nigeria (CBN) has raised a total of N804.85bn at its Open Market Operations auction conducted on Monday, April 29, 2025, as investors continued to chase high-yield securities amid excess liquidity and elevated inflation...

Urea Exports Unaffected by Trump’s 14% Tariffs - Dangote   President of the Dangote Group, Aliko Dangote, said on Thursday he was “comfortable” with the effect of United States President Donald Trump’s tariffs on his company’s urea exports. He expressed confidence because rival exporter Algeria had been...

Petrol Landing Cost Hits N870, Surpasses Dangote’s Price   The landing cost of Premium Motor Spirit (petrol) has now averaged N870 per litre, reports by the Major Energies Marketers Association of Nigeria have shown. This is even as the price offered by the Dangote Petroleum Refinery threatened...

NNPCL: Protesters Retract Corruption Allegations Against Mele Kyari A coalition of civil society organisations seeking the investigation of a former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has withdrawn its allegations. Protesters who had previously accused Kyari of corruption have...

May Day: NLC Laments Economic Hardship, Workers Pain Nigerian workers join their counterparts worldwide to mark May Day, also known as Workers’ Day, Today. However, rather than celebrating, workers in Nigeria find little cause for joy. Like many other citizens, the worsening socio-economic situation has further...