China vowed to encourage its more “powerful” companies to invest in Nigeria, which in turn said it was open to Chinese companies…
Category:
Economy
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Economy
Motorists, commuters groan as filling stations sell petrol at N1,100 per litre, Nigerians will sink deeper into poverty
Motorists and commuters across the country have lamented the hike in petrol pump price by the Nigerian National Petroleum Corporation Limited just…
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Federal Government has arraigned seven suspected illegal miners arrested in Kogi and Ondo states as part of efforts to sanitise the mining…
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Nigeria has spent $2.78 billion on servicing foreign debt in the first seven months of 2024, according to the international payment data…
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By Ikeddy Isiguzo Ikeddy ISIGUZO Nigeria is divided across many lines on any issue. What appears to unite Nigeria is the attractive…
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Economy
BRICS new Development Bank authorises Algeria to join, approves up to $1bn loan for water projects in South Africa
Algeria has been authorised to become a member of the BRICS New Development Bank (NDB), the bank’s president, Dilma Rousseff, said on…
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The federal government plans to invest $800 million in constructing sub-stations and distribution networks as part of the Presidential Power Initiative (PPI).…
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The World Bank Group in its latest Finance and Prosperity 2024 report has projected that Nigeria will require an estimated $2.4 billion,…
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Economy
FRSC to begin enforcement against transporters carrying petrol, other inflammable in passenger vehicles
The Federal Road Safety Corps, FRSC, has ordered an immediate commencement of special operations against the carrying of petroleum and other inflammable substances…
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Managing Director River State Mic refinance Agency Pastor Jonathan Tobin has said that 1387 businesses in Rivers State have received N800,000,000.00 from…
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By Adamon Mukasa and Anthony Simpasa) The implementation of the United Nations’ Agenda 2030 for sustainable development and the African Union’s Agenda…
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President Bola Tinubu will depart for Beijing, China, in the first week of September, on a visit to China to discuss cooperation…
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Economy
Services, Industries sectors growth drives Nigeria’s real GDP to 3.2%, falls short of Tinubu’s 6% target
National Bureau of Statistics has said in its second quarter 2024 Gross Domestic Product GDP, report that services and industries sectors drove…
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African Union Commission (AUC) and the African Development Bank Group’s African Leaders for Nutrition initiative, in collaboration with the government of Senegal,…
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Economy
Take due process, consultations before jumping into contract deals, CISLAC, TI tell state govs
Civil Society Legislative Advocacy Centre, CISLAC, and Transparency International Nigeria, TI-Nigeria, have said that the seizure of three Nigerian presidential jets by…