Our Economy not Ready for Complete Deregulation – CPPE The Centre for the Promotion of Private Enterprise (CPPE) has said Nigeria’s economy is not yet ripe for full deregulation. The CPPE said this in a statement by its chief executive officer (CEO), Muda Yusuf, in reaction...

FG to Unveil 15m Litres Aviation Fuel Depot The Minister of Aviation and Aerospace Development, Festus Keyamo, and the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, are to unveil a 15 million-litre aviation fuel depot close to the Murtala Muhammed International Airport...

$937m Agricultural Exports Processed in Q3 – Customs Official The Nigeria Customs Service, Lilypond Export Command, Lagos, has stated that it processed the export of $937m of agricultural produce and manufactured goods in the third quarter of 2024. The command’s Area Controller, Ajibola Odusanya, disclosed this...

FG Approves N840bn for Abuja-Kaduna-Zaria-Kano, Bodo-Bonny Roads Rehabilitation The Federal Government has approved over N840billion for the rehabilitation of the 82-Km Section II of the A uja-Kaduna-Zaria-Kano Dual Carriageway which traverses the Federal Capital Territory, Kaduna, and Kano States. The money also includes funds for the...

DisCos Revenue Increases to N887bn in Seven Months  Nigeria’s electricity distribution companies (DisCos) have raked in a total sum of N887.86bn as revenue in the first seven months of 2024 following the tariff increase for Band A customers and improved revenue collection. Despite consistent complaints over...

Finally, Nigeria Begins Crude Oil Sales in Naira Nigeria has officially commenced the sales of crude oil and refined petroleum products in naira, the Federal Government has announced. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Saturday said that in line...