Industry & Money
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107FG Revokes 924 Mining Licences
The federal government has revoked 924 dormant licences spanning exploration, mining, small-scale mining and quarrying. The Minister of Solid Minerals Development, Dr...
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79Nigeria Eyes $10b Investment in Oil and Gas
An initiative to incentivise investors in the oil and gas segment of the nation’s economy aimed at attracting $10billion investment, was yesterday...
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440Artificial Intelligence will not Replace Site Selectors, for now
Artificial intelligence (AI) is already having an impact on corporate decision-making. Tech companies, for example, have sacked more than 50,000 people so...
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163
Oil Stabilises after Sharp Drop on Demand Concerns
Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year...
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221Federal Mortgage Bank Commences Recapitalisation Exercise
The Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi, has disclosed that the bank has commenced recapitalisation...
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213Domestic Price Pressures to Persist in the Near Term
The National Bureau of Statistics (NBS) released its latest inflation figures earlier today, showing that Nigeria’s headline inflation increased by 150bps to...
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69Manufacturers Association of Nigeria Stakeholders’ Engagement on Digital Platform
In line with its drive to create greater awareness of the MANSA Digital platform and promote its adoption, the MANSA Digital Initiative...
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148Headline Inflation Increases Further
According to recent data from the National Bureau of Statistics (NBS), In March 2024, the headline inflation rate increased to 33.20% relative...
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136Declining Crude Oil Production amidst Battle for the Soul of Naira
Domestic Macroeconomy: Declining Crude Oil Production amidst the Battle for the Soul of the Naira… Is Nigeria Turning the Corner Soon? This...
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123Nigeria Struggling to Find Buyers for its Crude Oil –Report
Nigeria is struggling to find buyers for its crude oil due to a shortfall in demand from Europe, Bloomberg is reporting. According...
