HomeTagsEconomic Diversification

Economic Diversification

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.

Nigeria Targets Revenue Boost in Marine Sector, Tackles Leakages 

Minister Oyetola targets marine revenue leakages, inefficiencies, and governance gaps to boost Nigeria's economic potential through modern auditing.

Council of State Backs Tinubu Amidst National Tensions

The Nigerian Council of State has unanimously passed a vote of confidence in President Bola Tinubu's administration, amid national protests and growing tensions. The Council emphasized that any change in government must occur through democratic means, not insurrection.

LCCI Stresses Capital Expenditure and Diversification in Nigeria’s 2024 Budget

Lagos Chamber of Commerce and Industry advocates for improved capital expenditure and revenue diversification in Nigeria's 2024 fiscal plan.

Latest articles

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.

Aid Cuts Deepen Hunger in Northeast Nigeria, WFP Says

WFP warns that aid cuts in northeast Nigeria are deepening hunger as funding shortfalls force sharp reductions in food and nutrition assistance across the region.

Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.