Industry & Money
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379NRC’s GDP Contribution Falls to -2.8% Amid Train Incidents
The Nigeria Railway Corporation’s contribution to the nation’s Gross Domestic Product fell sharply to -2.835 per cent in the fourth quarter of...
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1.0KNigeria’s Internet Usage Grows 168% in Three Years
Nigeria’s internet usage has surged over the past three years, with internet traffic climbing about 168 per cent between January 2023 and...
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353NUPRC Moves Against Dormant Oil Licences
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has declared that the era of oil companies holding...
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303FMBN, NSITF to Unlock Affordable Housing for Workers
The Federal Mortgage Bank of Nigeria (FMBN) and the Nigeria Social Insurance Trust Fund (NSITF) says it is partnering to unlock affordable...
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685NCC Records 182m Active Subscriptions as Teledensity Soars
The Nigerian telecommunications sector has recorded another significant milestone, with active telephone subscriptions vaulting to 182 million as of the end of...
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451Farmers Groan Over Skyrocketing Input Prices
Nigerian farmers say they are in dire straits. They are lamenting that cheaper food prices being experienced in the country are coming...
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203NSDC, BoI Vote ₦10b for Greenfield Project Development
The National Sugar Development Council (NSDC) and the Bank of Industry (BoI) have established the Sugar Project Acceleration Fund (SPAF) as part...
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757FG Rolls Out $750m Mini-Grid Solar Power Initiative.
The Federal Government is implementing what has been described as the largest publicly funded renewable electricity programme in the world, aimed at...
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588FG Eyes $10b Steel Market with Investment Push
The Federal Government has intensified efforts to reposition Nigeria as a continental industrial hub, with the Minister of Steel Development, Shuaibu Audu,...
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504TCN: Over $1.3b Transmission Projects Funded by Multilateral Agencies Ongoing Nationwide
The Transmission Company of Nigeria (TCN) has disclosed that transmission projects valued at over $1.3 billion and funded by multilateral development partners...
