Industry & Money
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52FG Generates ₦6.5b from Mining Fees in 1st Quarter –Alake
The Federal Government collected N6,957,826,200 mining fees and registered 118 new private mineral buying centres in the first quarter of 2025. The...
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294Rising Energy Cost Killing Industries, Manufacturers Cry Out
Amid rising energy costs and an unreliable national grid, Nigerian manufacturers are fighting hard to stay afloat, having spent a whopping N708...
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230FG Threatens to Blacklist Non-performing Housing Contractors
The Minister of Housing and Urban Development, Ahmed Dangiwa, has warned developers handling ‘Renewed Hope Housing’ projects across the country to ensure...
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470Broadband Penetration Wilts as Telecoms Contribution to GDP Declined to 13.94% in Q3 2024
Nigeria’s broadband penetration still crawls at 45.61 per cent, despite the slight improvement it recorded last year, when it moved from 43.16...
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312
US Tariff: Manufacturing Worse Hit –MAN
The Manufacturing Association of Nigeria (MAN) has said that Nigeria’s manufacturing sector which contributed 8.64 percent to the country’s GDP in 2024,...
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284Inflation Rises, Food Prices Soar
Nigeria’s cost of living crisis worsened in March 2025 as food inflation surged to 21.79 per cent year-on-year, the National Bureau of...
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80FG Insists on Ending ₦200b Solar Panel Imports
The Federal Government has maintained the need to end the importation of photovoltaic solar panels into Nigeria, saying this has cost N200bn...
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550Digital Asset Market to Boost Economy
In a bold step toward modernising Nigeria’s financial system, the Securities and Exchange Commission (SEC) has officially unveiled the digital asset markets...
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298CBN Restates Commitment to Growth of SMEs’ Sector
Acting Director, Corporate Communications Department at the Central Bank of Nigeria, (CBN), Hakama Ali, made this known yesterday during the CBN’s Special...
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328Recapitalisation: Bank of Agriculture Pledges Restructuring
The new Managing Director of the Bank of Agriculture, Ayo Sotinrin, has promised to restructure the organisation to meet its mandate. Sotinrin...
