Tag: Report

Nigeria’s Dangote refinery has made a historic move by exporting its first jet fuel cargo to Europe. This signals a significant milestone in the global energy market and showcasing the ...

Nigeria’s newly constructed Dangote refinery, Lagos is seeking to purchase millions of barrels of US crude oil over the next year as it ramps up processing rates, Bloomberg reported on ...

The contribution of the paper industry rose to N398.8bn in 2023, up from N356bn recorded in 2022. The Chief Executive Officer of the Centre for the Promotion of Private Enterprise ...

The 650,000 barrels per day Dangote Petroleum Refinery is taking advantage of cheaper oil imports from the United States for as much as a third of its feedstock as it ...

Nigeria is moving to criminalise the destruction of broadband fiber cables in response to ongoing grievances from major telecommunications companies like MTN Nigeria Communications Plc. Sources familiar with the situation ...

Nigeria lost about N720bn in revenue as a result of the consecutive monthly decline in its crude oil production in February and March 2024, The PUNCH reports. Also, the country’s ...

The weakening of the naira resulted in a combined foreign exchange loss of N8.31bn for four pharmaceutical firms listed on the Nigerian Stock Exchange in 2023. The 2023 financial statements of ...

A report by the leisure, and lifestyle destination development company, Landmark Africa Group, has said the destruction of its properties to give way for the construction of Lagos-Calabar highway  threatens 80 ...

Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National Bureau ...

The private sector generates $236bn in illegal profits annually, a new study by the International Labour Organisation has revealed. According to the report titled “Profits and Poverty: The Economics of ...