Nigeria earned N998.50bn from petrol exports, known as motor spirit (ordinary) or Premium Motor Spirit, in the first six months of 2026. Analysts say the Dangote Petroleum Refinery’s ramp-up and the war in Iran turned a commodity that once topped the import bill into one of the country’s leading...
Money market rates in Nigeria have declined as increased banking system liquidity rose to N7.45tn, pushing short-term funding costs lower. Read More: https://punchng.com/money-market-rates-ease-as-liquidity-climbs-to-n7-45tn/...
Dangote Cement’s new Itori plant in Ogun State is 100% export-oriented and will serve as the hub for the company’s export strategy to African markets. Read More: https://punchng.com/itori-plant-drives-dangote-cements-export-expansion/...
UAC of Nigeria Plc has agreed to sell its entire 43% shareholding in DP World Logistics Limited to 22 Plus Invest Limited, a member of the TGI Group. Read More: https://punchng.com/uac-sells-43-dp-world-stake-to-tgi-member/...
A school founder, Dr Ibrahim Bello, has attributed the recent rise in private school tuition fees to increasing operational costs in Nigeria. Read More: https://punchng.com/high-operating-costs-fuel-tuition-hikes-says-school-founder/...
The Nigerian Society of Engineers says poor procurement, planning, and maintenance are major reasons for project failures in Nigeria’s construction sector. Read More: https://punchng.com/nse-links-project-failures-to-poor-procurement/...
Nigeria’s Midstream and Downstream Gas Infrastructure Fund has leveraged N671bn in public funds to attract about N1.6tn in private investment for 31 projec Read More: https://punchng.com/gas-infrastructure-fund-attracts-n1-6tn-private-investment/...
Former principals of King’s College, Lagos, have rejected the Federal Government’s plan to hand over the institution to its old boys’ association. Read More: https://punchng.com/ex-principals-reject-kings-college-handover-to-old-boys/...