Industry & Money
-
236China Imported $2.3b Nigerian Goods in Six Months, says Envoy
China’s imports from Nigeria in the half year of 2026 (H1 2026) stood at $2.3 billion, representing about 80 per cent increase...
-
278FG Approves Acquisition of Two Communications Satellites for Nigeria
The federal government, through the Federal Executive Council (FEC), has approved the acquisition of two communications satellites, NIGCOMSAT 2A and NIGCOMSAT 2B....
-
344NUPRC Gives 31 Oil Block Winners Payment Deadline
The Nigerian Upstream Petroleum Regulatory Commission has warned 31 companies that emerged winners of 37 oil and gas blocks in the 2025...
-
4814G Market Penetration Slides as Telcos Move to Boost 5G Utilisation
After maintaining market penetration lead with high subscriber utilisation across networks for close to four years, the market penetration of 4G suddenly...
-
551FG Plans Telecoms Coverage For Riverine Communities by 2027
All riverine communities in Nigeria are to be connected to the telecommunications network before the middle of 2027, the Minister of Communications,...
-
443NSDC Mobilises $1b to Increase Sugar Output
National Sugar Development Council (NSDC) is repositioning Nigeria’s sugar sector as one of the country’s most compelling industrial investment opportunities, anchored on...
-
466
NCC Calls for Improved Collaboration to Address Fibre Cuts
The Nigerian Communications Commission (NCC), has blamed the high rate of fibre cuts during road constructions on inadequate collaboration amongst major stakeholders,...
-
419FG to Set Up Tractor Assembly Plant, Targets 4,000 Annually
The Federal Government has disclosed plans to establish a mega tractor assembly plant with capacity to produce between 2,000 and 4,000 units...
-
444
Nigeria Seeks Local Cloud Capacity to Cut Data Costs
Nigeria is seeking to expand local cloud infrastructure to reduce the cost of digital services, limit capital outflows and create jobs as...
-
346New Tax Law Yet to End Multiple Levies –MAN
The Manufacturers Association of Nigeria (MAN) has said manufacturers are yet to enjoy relief from multiple taxes and levies despite the enactment of...
