KEY POINTS
Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such as increased market access and challenges like digital illiteracy and taxation fears.
The eNaira is fostering financial inclusion among some informal workers, but rural and low-income communities remain at risk...
BIPC is set to open a CNG conversion centre at its remodeled Makurdi petrol station, providing CNG refueling and vehicle conversion services for a cleaner, cost-effective fuel alternative.
Lagos has become Africa’s second-largest city economy, with its GDP hitting $259 billion. The state projects continued growth amid economic reforms and infrastructure investments.
NNPCL Retail Ltd together with Dangote Refinery decreased PMS costs thereby providing relief to Nigerians at the same time they established a retailer refund plan.
The Nigeria Customs Service along with the CBN dedicates efforts to automate foreign exchange transactions as well as trade facilitation while raising revenue collecting capabilities.
Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.