Industry & Money
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1.1KMAN Laments Drop in Manufacturing Sector’s Contribution to Exports
The manufacturing sector’s contribution to the economy has dropped to three per cent from 7.7 per cent it was in 2019, Chair...
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1.3KFG to Earn $200b Revenue from Lekki Port –Oyetola
The Minister of Blue and Marine Economy, Adegboyega Oyetola, has announced that the Lekki Port is projected to generate $200bn in revenue...
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1.8KDespite 50% Hike, Nigeria’s Telecoms Tariffs Still Cheap –NCC
The Nigerian Communications Commission (NCC) has explained that competition has made the country’s telecommunications service tariffs remain relatively cheap despite the recent...
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1.2K
Nigeria Earns $400m from Agro Exports, Imports Gulp $10b Annually –FG
The Minister of Agriculture and Food Security, Abubakar Kyari, yesterday disclosed that Nigeria spends $10 billion annually on agro-imports. This is even...
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2.0KTinubu Scraps 5% Telecom Excise Duty in New Tax Law
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Aminu Maida, announced the development during an interactive session with journalists in...
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1.2KNigeria Launches 40,000 cbm LPG Vessel to Boost Clean Energy
President Bola Tinubu yesterday said Nigeria is poised to deliver clean and sustainable energy solutions not just in-country but also across Africa...
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1.6K
Telecoms Industry Burns ₦480b Yearly on Diesel to Stay Connected –NCC Boss
Nigeria’s telecommunications industry spends an average sum of N480 billion every year on diesel just to keep the country connected, a cost...
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1.7KTelcos Under Pressure as NCC Cracks Down on Service Failures, Weak Governance
Telecom firms are currently in the eye of the storm as the federal government cranks up pressure on them to improve their...
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1.4KNEPC Boosts Non-oil Export with Distribution of 23,239 Seedlings to Farmers
The Nigeria Export Promotion Council (NEPC) has distributed 23,239 hybrid seedlings and farm inputs to 3,047 farmers nationwide, in a push to...
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1.1KManufacturing Sector Attractiveness Dims as Investments Shrink
The manufacturing sector is losing foreign investments, as an 87 per cent gap in 27 months betrays an unattractive industry. Stakeholders say...
