Industry & Money
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245Govt to Cut Vehicle Parts Imports by 40%
The Federal Government is set to begin the manufacturing and supplying of tyres, batteries, brake pads and other automobile components as part...
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164MOFI, BPE Forge Alliance to Optimise FG’s Assets
The Ministry of Finance Incorporated (MOFI) and the Bureau of Public Enterprises (BPE) on Tuesday entered a collaborative partnership aimed at bolstering...
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199FMBN to Release ₦100b Off-Take Guarantee for Renewed Hope Estates
The Federal Mortgage Bank of Nigeria has revealed that it is providing a N100 billion off-taker guarantee to provide affordable housing to...
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230Tinubu Assures Investors of Good Returns on Investments
President Bola Tinubu, on Tuesday in Abuja, received assurances from Reckitt Benckiser, the global consumer goods company, that it will continue to...
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194Wheat Production: ₦309b Injected into Economy in 1 year
Minister of Agriculture and Food Security, Abubakar Kyari, has said that the incumbent administration has injected N309 billion in the economy, through wheat...
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115Prices of Basic Food Items Rise 140% –NBS
The National Bureau of Statistics yesterday said that the surge in prices of food items continued in April, with the average price...
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153Nigeria Rakes in ₦16.3b from Solid Minerals In 1 Year
The Federal Government of Nigeria earned N16,395,640,771.58 from May, 2023 to April 2024 from mining royalties and sundry fees. The minister of...
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98Manufacturers’ Confidence in Economy Rise in Q1’24 Despite Challenges
Manufacturers’ confidence in the economy and government policies recorded the first improvement in six quarters in the first quarter of the year,...
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740Coastal Road: Telcos Seek Engagement with FG to Re-route Submarine Cables
Telecoms operators (Telcos) have called on the federal government to immediately engage with them for proper mapping and relocation of the submarine...
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14775,809 Beneficiaries Got ₦496.72b Loans in 2023 –BOI
No fewer than 75,809 beneficiaries received credit funding worth N496.72bn from the Bank of Industry in 2023. The loans were disbursed to...
