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NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

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Nigeria’s manufacturing sector stagnant after 26 years of democracy, CPPE warns

Nigeria’s manufacturing sector has failed to achieve meaningful transformation despite 26 years of democratic governance, according to the Centre for the Promotion of Private Enterprise (CPPE). In a statement released on Thursday, Chief Executive Officer of the CPPE, Dr. Muda Yusuf, said the sector’s contribution to gross domestic product (GDP) has remained largely stagnant at […]

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Nov 16, 2025 post

Yusuf to Tinubu: Protect local refiners by reinstating 15% petrol duty

AN economist and former Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Muda Yusuf, says the Nigerian government should protect local petrol refiners by reinstating the suspended 15 percent duty on petroleum products. Yusuf, who is the Chief Executive Officer of the Center for the Promotion of Private Enterprise (CPPE), said this […]