The Federal Government needs to spend around ₦880 billion every year to maintain the country’s federal road network properly, according to Minister of State for Works, Mohammed Goroyo. However, the …
Infrastructure
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Finance & ServicesGOVERNMENTInfrastructureNigeriaTransportation & Logisitics
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BusinessDangote IndustriesEconomyInfrastructureOil & GasWestern Africa
Fuel Cheaper in Nigeria Due to Low Taxes and High Consumption – MEMAN, Dangote Say
The Major Energies Marketers Association of Nigeria (MEMAN) has said that low taxation is one of the main reasons why petrol is cheaper in Nigeria than in other West African …
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BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Shell Lifts First Crude Cargo from New Otakikpo Terminal as Green Energy Targets Lower Production Costs
Shell has lifted the first crude oil cargo from Nigeria’s new Otakikpo onshore terminal, officially marking the start of operations at the $400 million facility developed by Green Energy International …
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BusinessCyber securityEconomyInfrastructureNigeriaTechnologyTelecommunications
MTN CTO Breaks Silence on Poor Network: “Over 30 Fibre Cuts Daily, 560 Sites Vandalised Last Year”
Amid growing frustration over poor service, network outages, and sluggish internet speeds, MTN Nigeria’s Chief Technical Officer, Yahaya Ibrahim, has opened up on the internal battles the telecom giant is …
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BusinessEconomyEnergyInfrastructureNigeriaWestern Africa
Nigerians Now Paying Half What Others Spend on Petrol – Dangote
Business mogul and President of Dangote Group, Alhaji Aliko Dangote, has said most Nigerians do not realise they are currently buying petrol at just 55 percent of what people in …
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DevelopmentEconomyEnvironmentGOVERNMENTInfrastructureTransportation & Logisitics
Lagos to Launch €410m Omi Eko Water Transport Project in June; E-Call-Up System Enforcement Rescheduled
The Lagos State Government has confirmed that work will begin in June 2025 on the much-awaited €410 million Omi Eko water transport project, aimed at easing Lagos’ long-standing traffic congestion …
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EconomyInfrastructurePoliciesTrade and CommerceTransportation & LogisiticsWestern Africa
Cross-Border Traders Cry Out Over High Levies, Poor Infrastructure on Lagos-Abidjan Trade Corridor
Cross-border traders along the Lagos-Abidjan trade corridor are raising the alarm over the rising cost of moving goods within the West African sub-region. Many of them say the burden of …
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BusinessEnergyInfrastructureINVESTMENTPolicies
ALDG to Host First-Ever Gas Business Forum in Abuja, Gathers Key Stakeholders to Discuss Future of Nigeria’s Gas Distribution Sector
The Association of Local Distributors of Gas (ALDG) is set to hold the maiden edition of its 2025 Business Forum on Tuesday, June 3, at the Petroleum Technology Development Fund …
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EconomyInfrastructureTrade and CommerceTransportation & Logisitics
Empty Container Backlog Worsens at Apapa Port as Shipping Lines Prioritise Imports
Shipping companies operating at Apapa Port have started prioritising the discharge of import-laden containers over the evacuation of empty units due to a sharp and sustained surge in cargo volumes. …
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BusinessDevelopmentEnergyInfrastructureOil & GasPolitics
Nigeria Needs $5.5 Billion to Build More Oil Terminals and Unlock Stranded Fields — Green Energy Boss
Nigeria must urgently invest $5.5 billion in decentralised oil terminals to unlock thousands of stranded marginal fields and push crude oil production to three million barrels per day (bpd), stakeholders …