The Federal Government has stated that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project will have a huge multiplier impact on the nation’s economic growth and industrialisation.  

Africa Global Logistics Launches in Nigeria, Unveils Growth Plan Africa Global Logistics (AGL), one of Africa’s leading logistics solutions providers, has formally launched in Nigeria with the company unveiling its plans for transformation and growth in Nigeria’s logistics landscape. Formerly known as Bolloré Africa Logistics, AGL...

FG Signs $3.5b Agreement with Afrexim to Promote Textile, Others The Federal Government has announced a $3.5 billion agreement with the African Export–Import Bank (Afreximbank) to enhance the textile industry and promote the use of compressed natural gas (CNG) vehicles among other initiatives. The Minister of...

NNPCL, TotalEnergies Sign $550m Investment Deal for Ubeta Field Project The Nigerian National Petroleum Company Limited (NNPCL) and TotalEnergies JV have announced a $550 million final investment decision for the Ubeta Field Development Project. On Thursday, the duo signed the deal which is expected to yield...

Petrol Price Rises by 223%, Sells N770 per litre in May - Report The National Bureau of Statistics says the average price of Premium Motor Spirit (PMS), also known as petrol, rose by 223.21 per cent to approximately ₦770 per litre in May 2024 from...

Nigeria to Save $600m Yearly form Local Palm Oil Production, Says NPPAN The National Palm Produce Association of Nigeria has revealed that the country could save $600m annually by investing in palm oil production. According to the President of NPPAN, Alphonsus Inyang, Nigeria’s current reliance on...