Industry & Money
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411Unremitted Gas Royalty, Flare Penalty Hit $1.4b –NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI), on Thursday, said its most recent report on the oil and gas sector showed that...
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748FCCPC Delists 47 Loan Apps to Tackle Fraud
The Federal Competition and Consumer Protection Commission (FCCPC), has intensified its crackdown on unregistered loan apps, delisting 47 such platforms from Google...
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600FG, W’Bank Begin Talks on 90,000km Fibre-optic Cable Project
Just a few weeks after the Federal Government approved a special purpose vehicle to support the delivery of an additional 90,000 km...
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1398,651 Jobless Workers Withdrew ₦14b from Pension Savings –PenCom
About 8,651 Retirement Saving Account (RSA) holders withdrew N14.20bn in the first quarter of 2024 due to temporary job loss. This was...
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471FG Commences Conversion of Railway Locomotive Engines to CNG
The Minister of Transportation, Saidu Alkali, yesterday announced that the federal government had commenced the conversion of railway locomotive engines from diesel...
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404UK Attracts $85m Investment into Nigeria’s Manufacturing Sector
The government of the United Kingdom (UK) has helped to attract $85 million investment into Nigeria’s manufacturing sector through its Manufacturing Africa...
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392Nigeria’s GDP Per Capita to Hit $1,120.67 by 2029 –IMF
Nigeria’s Gross Domestic Product per capita is expected to reach $1,120.67 by 2029, according to the International Monetary Fund. The IMF data...
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182Nigeria’s Trade Surplus Rose to ₦6.52tr in Q1 –NBS
Nigeria’s foreign trade statistics report for Q1 2024 reveals a substantial trade surplus of N6.52 trillion, primarily driven by significant export growth....
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406NPA Reviews Export Trucks Policy, Reduces Entry Time By 40%
After a comprehensive review and wide consultation with various stakeholders in the maritime sector, the Nigerian Ports Authority (NPA) has come up...
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368FG Urges Prioritisation of ESG Integration for Increased FDIs
The Federal Government has called on companies and corporations to prioritize the integration of Environmental, Social, and Governance (ESG) principles as a strategic...
