Economy
Telcos in Nigeria to Save 30-50% on Energy Costs with Renewables
Nigeria’s telecommunication companies, which spent N57.65 billion on diesel in October alone, could reduce energy costs by 30–50 percent or...
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Fuel Subsidy Removal Saves Nigeria $7.5 billion Annually- Presidency
The Nigerian presidency has announced that the country is saving an impressive $7.5 billion annually following the removal of the...
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AfDB Expands Special Agro-Industrial Processing Zones (SAPZ) to 21 States In Nigeria
The African Development Bank (AfDB) has commenced the second phase of its Special Agro-Industrial Processing Zones (SAPZ) Programme, extending the...
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65% of Nigerian Households Can’t Afford Healthy Food, 12% Go Without Food for an Entire Day – NBS Report
The latest General Household Survey Panel (Wave 5) report by the National Bureau of Statistics (NBS), in collaboration with the...
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IMF Affirms Support for Nigeria’s Economic Reforms
The Managing Director of the International Monetary Fund, Kristalina Georgieva, has commended Nigeria’s economic reforms under the leadership of President...
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Edo State Empowers MSMEs with Access to Credit Initiative in Agenebode
The Edo State Investment Promotion Office (ESIPO) Ease of Doing Business Secretariat, in partnership with the Etsako East Local Government...
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NPA MD Urges African Ports to Boost Tech Collaboration for Seamless Cargo Transit
The Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, has urged African littoral states to enhance technological collaboration...
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Naira Struggles in the Black Market, Dips to N1,750/$
While the Nigerian currency weakened on the black market, official data from the FMDQ Exchange platform showed a slight improvement...
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Nigerian Senate Set to Approve Tinubu’s $2.2bn Loan Request
The Nigerian Senate is expected to approve President Bola Tinubu's loan request for $2.2 billion (about N1.77 trillion). This loan,...
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Lafarge Africa Plc Launches Alternative Fuel and Raw Material Platform
Lafarge Africa Plc has inaugurated a new Alternative Fuel and Raw Material (AFR) platform at its Mfamosing plant in Cross...
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