The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reiterated Nigeria’s determination to attract investment into its electricity sector. During an…
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All the latest business news in Nigeria
The Nigerian Institution of Marine Engineers and Naval Architects (NIMENA) has elected Engr. Eferebo Sylvanus as its new chairman to lead the institution for the next…
The Naira appreciated significantly against the dollar on a week-on-week basis in both the official and parallel foreign exchange markets, gaining N18.85 and N20, respectively. At…
Nigeria must address security challenges, attract investments, and implement robust regulatory measures to meet its goal of producing 2.06 million barrels of crude oil per day…
Nigeria is steadily emerging as a refining hub in West Africa, bolstered by the establishment of new private and state-owned refineries, including the Dangote Refinery. However,…
Rising inflation, high interest rates, and the continued depreciation of the naira could push an additional 13 million Nigerians below the poverty line by 2025, according…
The average cost of food in Nigeria skyrocketed by 97% between November 2023 and November 2024, according to the latest Selected Food Price Watch report from…
The Enugu State Government has announced plans to establish 340 greenhouse technology farms across the state’s 17 local government areas, aimed at boosting agricultural exports. The…
The naira strengthened notably against the dollar in the parallel foreign exchange market on Wednesday. Bureau de Change operator Abubakar Alhassan reported that the exchange rate…
The naira continued its decline against the dollar on Tuesday, depreciating in both the official and parallel foreign exchange markets. Data from FMDQ revealed that the…