Month: July 2025

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Sanwo-Olu Commissions Dualised Abaranje Road In Alimosho, Opens Another In Agege

Alimosho, the nation’s largest voting constituency, erupted in a spontaneous fun-fair on Wednesday, as a large crowd of residents joined Governor Babajide Sanwo-Olu to inaugurate infrastructure projects in the densely populated Lagos suburb. Sanwo-Olu commissioned the newly rehabilitated and upgraded 3.86km Abaranje Road in Igando-Ikotun Local Council Development Area (LCDA), bringing the much-anticipated traffic relief…

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Stanbic IBTC Bank Nigeria PMI: Output Growth Slows But Business Confidence Rises Sharply

The Nigerian private sector remained in growth territory as the first half of 2025 drew to a close, and business confidence improved markedly in June. That said, rates of expansion in output, new orders and purchasing eased from May. Although rates of inflation remained relatively sharp, there were further signs of cost pressures softening and…

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Nigeria Will Save N1.7 Trillion from Dangote’s N720 Billion Investment on 4,000 CNG Trucks

Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery absorb over N1.07 trillion annually in fuel distribution costs.…

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