Dangote Cement targets 20% emissions cut, expands capacity to 80mtpa
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 […]
Gas supply falls 8.5% to 4.7 metric tonnes daily
By Mariam Eko The supply of Liquefied Petroleum Gas, LPG, also known as cooking gas declined by 8.5 percent, on a month-on-month, MoM basis to 4.7 metric tonnes per day in February 2026 from 5.1 metric tonnes per day in December 2025. This was contained in the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Factsheet […]
SEC, NGX to review free float thresholds amid liquidity concerns
The Securities and Exchange Commission, SEC and Nigerian Exchange Limited, NGX are set to review free float thresholds for listed companies over liquidity concerns, in a bid to enhance the equities market and attract more investors. Free float refers to the proportion of a company’s shares available for public trading, excluding those held by insiders, founders […]
ACCI seeks stronger Nigeria, India ties to deepen bilateral trade
The Abuja Chamber of Commerce and Industry (ACCI) has reaffirmed its commitment to strengthening bilateral trade and deepening business collaboration between Nigeria and India. Prof. Adesoji Adesugba, First Deputy President of ACCI, stated this during a courtesy visit by an ACCI delegation to the Indian High Commission in Abuja. Adesugba, who is also the National Vice […]
5% GDP allocation to industrial financing, boost for manufacturing – PAMA
The Pan African Manufacturers Association (PAMA) has applauded the allocation of up to five percent of Nigeria’s Groos Domestic Product (GDP) to industrial financing under the newly launched industrial policy (NIP), noting it will potentially reduce capital costs for manufacturers and encourage large-scale investments. The association stated in its February 2026 News Bulletin that the […]
Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn
By Yinka Kolawole Nigeria’s textile exports plunged sharply in 2025, dropping by 55.25 per cent to N16.55 billion from N36.98 billion recorded in 2024, even as the country’s importation of textile products surged significantly within the same period. Data obtained from the National Bureau of Statistics (NBS) showed that while export earnings from textile products declined […]
