Housing Demand in Africa will Create $1.4trn Investment Opportunity by 2050 – AfDB President of African Development Bank (AfDB), Akinwumi Adesina, says Africa presents a unique investment opportunity that cannot be ignored. Adesina spoke at the opening ceremony of the 2024 Africa Investment Forum (AIF) Market...

FG Invests $450m in CNG – Minister The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, says the Federal Government has so far invested $450m in Compressed Natural Gas. Ekpo disclosed this at the ongoing Practical Nigerian Content Forum organised by the Nigerian Content Development and Monitoring...

Fuel Imports Hit 2.3bn Litres Despite Local Production Despite the commencement of petrol production by two major refineries in Nigeria in the last three months, oil marketers have continued to import and distribute the product nationwide. It was gathered on Wednesday that marketers imported 2.3 billion...

CBN to Launch New Website Today The Central Bank of Nigeria (CBN) has announced the launch of its new website on Monday (today). In a statement signed by the acting Director of Corporate Communications, Sidi Ali, the bank said the new website will become operational on...

P'Harcourt Refinery: Low-key Operation Begins, Marketers Oppose N1,030/litre The Port Harcourt Refining Company has clarified that its operations were not completely halted but scaled down to facilitate improvements at the facility. It disclosed this on Sunday as the Independent Petroleum Marketers Association of Nigeria (IPMAN) insisted...

How Customs Generated N2.1tn Revenue – Official The Area Controller of the Apapa Command of the Nigeria Customs Service, Babatunde Olomu, on Sunday said the compliance of stakeholders contributed to the N2.1tn revenue generated in 2024 by the command. This is as the command was recognised...