By Yinka Kolawole Dangote Cement Plc has unveiled plans to cut net carbon dioxide (CO‚ ) emissions intensity by 20 per cent while expanding production capacity to 80 million tonnes per annum (mtpa) by 2030, as it pursues its ambition of becoming Africa’s most sustainable and globally competitive cement producer. Presenting the company’s 2025 Sustainability Scorecard […]

By Progress Godfrey  Galaxy Backbone (GBB) has intensified its engagement with banks, fintech firms, and other financial institutions as the Central Bank of Nigeria (CBN) moves to enforce the local storage of payment transaction data. The digital infrastructure and shared services provider, in a statement yesterday, brought together Chief Information Officers, fintech leaders, and technology stakeholders […]

By Emma Ujah, Abuja Bureau Chief The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has said the proposed Pension Industry Infrastructure Fund is in the final stages of implementation as part of efforts to channel a portion of the industry’s over N32 trillion assets into infrastructure and the capital market. She said: “The pension […]

By Obas Esiedesa, Abuja The Group Chief Executive Officer of NNPC Limited, Engr. Bayo Ojulari, yesterday disclosed that the company remitted N19.5 trillion to the Federation Account between April 2025 and June 2026. Speaking during the 2026 Nigeria Oil and Gas Energy Week in Abuja, Ojulari said the company also achieved $3.4 billion in cost savings […]

By Progress Godfrey The Federal Government has suspended the enforcement of new regulations affecting internet platforms, online intermediaries and other cross-cutting digital economy issues pending the completion of a national policy review. The directive was contained in a statement issued by the Minister of Communications, Innovation and Digital Economy Dr Bosun Tijani, on Tuesday, after a […]

•FG pledges full implementation of NIMC’s new Act By Progress Godfrey ABUJA – The National Identity Management Commission (NIMC) says Nigeria’s National Identity Database has enrolled more than 136 million Nigerians and legal residents. Director-General of NIMC, Engr Abisoye Coker-Odusote, disclosed this during a courtesy visit to the Federal Ministry of Budget and Economic Planning, as […]

Seeks Reps’ approval for N11.27tn 2026 budget By Gift ChapiOdekina, Abuja The Nigeria Customs Service (NCS) yesterday   disclosed that it exceeded its 2025 revenue target by generating N7.277 trillion, surpassing its target of N6.584 trillion by 10.24 per cent, even as it presented its proposed N11.274 trillion 2026 budget to the House of Representatives Committee on […]

•Says Nigeria’s development hinges on gas utilisation By Ediri Ejoh The Federal Government has reaffirmed its commitment to expanding gas utilisation, saying it is targeting five million households to transition from firewood, kerosene and other biomass fuels to Liquefied Petroleum Gas (LPG) as part of efforts to cut carbon emissions and improve public health. Speaking […]

By Udeme Akpan, Energy Editor Nigeria’s Liquefied Natural Gas (LNG) exports rose   by one million metric tonnes (Mt) in 2025 to 14.78 Mt, valued at N20.0 trillion,   from   13.78 Mt   in 2024, valued at   N18.89 trillion, reinforcing its position among the world’s leading LNG suppliers as global trade climbed to a record 436.98 Mt, according to […]

The Nigerian naira traded at ₦1,372.96 against the United States dollar at the Nigerian Foreign Exchange Market (NFEM) on Wednesday, July 8, 2026, according to official market data.