Industry & Money
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373How we Plan to Attain Global Maritime Recognition –Oyetola
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated Nigeria’s bid to return to Category C of the International Maritime...
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380NNPCL Secures ₦318b to Fund New Oil Exploration
The Nigerian National Petroleum Company Limited has received N318.05bn between January and August 2025 for frontier oil exploration. The deductions represent 30...
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461Nigeria Loses $3.7b Yearly to Raw Cashew Export
Nigeria’s cashew industry could generate enough revenue to sustain the country’s entire population of over 200 million people without the need for...
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910Local Producers Struggle as Textile Imports Hit ₦566b
Nigeria imported textiles and textile articles worth N565.96bn in the first half of 2025, according to the latest figures from the National...
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1.2KFG Revokes 1,263 Mineral Licences Over Default
The Federal Government has announced the revocation of 1,263 mineral licenses across the country as part of its ongoing efforts to sanitise...
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1.5KManufacturing Import Bill Widens ₦14tr Trade Deficit
Nigeria’s manufacturing sector has sunk deeper into deficit, as imports of manufactured goods outpaced exports by more than N14tn in the first...
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NEC Moves to Boost Food Security Nationwide, Endorses NASENI’s Solar Irrigation Pumps
In a move to boost food security in Nigeria, National Economic Council (NEC) has endorsed solar-powered irrigation pumps produced by National Agency...
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1.5K4% FOB Suspension will Crash Production Cost, Boost Economy –MAN
The Manufacturers Association of Nigeria (MAN) has joined the legion of stakeholders currently applauding the federal government for suspending the reintroduced 4...
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1.5KNigeria Imports 560,000 Tonnes of Fertiliser Inputs in 2025
The Ministry of Finance Incorporated has disclosed that Nigeria imported more than 560,000 metric tonnes of fertiliser raw materials in 2025 alone,...
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1.9KFG Plans Silos Revamp to Curb $10bn Annual Post-Harvest Losses
The Federal Government of Nigeria has made plans to revamp silos in the country to curb $10 billion annual post-harvest losses. Minister...
