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Five most indebted states owe N1.65trn

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The five most indebted states in Nigeria owed a total of N1.65 trillion as of March this year, according to data from the Debt Management Office (DMO). The states are Lagos, Ogun, Rivers, Imo, and Akwa Ibom, accounting for over a third of the domestic debt of N4.84 trillion owed by the subnational governments in […]

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Dangote Petrochemical Plant eyes $130bn global polypropylene market

Dangote Petrochemical Plant is set to boost Nigeria’s non-oil export earnings with the announcement last week that it will start producing polypropylene, petrochemical by-products which are highly sought-after by players in the global manufacturing, automotive, healthcare and food packaging industries. The industrial materials will be produced by the $2 billion petrochemical plant located within the read more Dangote Petrochemical Plant eyes $130bn global polypropylene market

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