Economy

FG urges Nigerians to embrace local products for economic growth

Minister of Innovation, Science and Technology, Chief Uche Nnaji, has called on Nigerians to…

FG grants Dangote, others tax holiday over N2.5tn investments

About 107 companies, including Dangote and Mikano International, are currently enjoying tax exemptions from…

NNPCL to replace 5,000km pipelines in three years – Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company, Mele Kyari, has…

Cardoso hails CBN, SEC, EFCC, NSA partnership

Central Bank of Nigeria Governor, Olayemi Cardoso, has expressed positivity regarding the collaboration between…

NNPC to leverage Nigeria’s gas reserves for industrial growth

The Nigerian National Petroleum Company Limited has affirmed its commitment to harnessing Nigeria's vast…

Hardship: Agric ministry partners NSA for Northwest grain distribution

The Federal Government has launched the distribution of 42,000 metric tonnes of grains in…

31.5m Nigerians face imminent food crisis – Report

A recent report by Cadre Harmonise has painted a grim picture of the food…

FG commences 700-km Lagos-Calabar coastal highway project

The Federal Government has officially kicked off the construction of the 700-kilometer Lagos-Calabar Coastal…

African startups raise $217m funding in February 2024 – Report

African startups experienced a significant surge in funding during February 2024, raising a total…

Customs begin sale of seized food items

Nigeria Customs Service has disclosed that the Service has begun the sale of seized…

Bank of Ghana suspends GTB, FBN FX trading license

The Bank of Ghana has announced the suspension of the Foreign Exchange Trading Licences…

CBN cuts customs rate by 5.3% over continued naira appreciation

The Nigerian Customs Service has announced a 5.3% reduction in its foreign exchange rate…

FG summons AEDC, IBEDC, TCN bosses over poor electricity

The Minister of Power, Adebayo Adelabu, has summoned the Chief Executives of Abuja Electricity…

Nigeria needs $4bn to hit 2059 renewable energy target – ECN

The head of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, announced that Nigeria…

Aba power begins commercial operations weekend ahead of schedule

Aba Power Ltd, a subsidiary of Geometric Power, is set to commence commercial power…