Author: InvestAdvocate

Dangote’s Investment of N720Bn on CNG Trucks to Save Nigerians N1.7Trn, Lift 42m MSMEs

June 30, 2025/Dangote Group …To lift 42m MSMEs  …Presidency, IPMAN, experts hail bold move 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 […]

Nigeria Records US$3.7 Billion Current Account Surplus in Q1; Debt Stock Climbs to ₦149.4 Trillion

June 30, 2025/CSL Research According to data released last week by the Central Bank of Nigeria (CBN), the current account recorded a surplus of US$3.7 billion (2.0% of GDP) in Q1 2025. This represents a slight decline from the US$3.8 billion surplus posted in the previous quarter but reflects a […]

Financial Sector: Africa Launches First Pan-African Card Scheme – PAPSSCARD

Image Credit: Afreximbank The new card represents a major leap in Africa’s efforts to achieve financial sovereignty by building resilient and independent payment systems June 30, 2025/Afreximbank Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June […]