Industry & Money
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519FG 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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463UK 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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432Nigeria’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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305Nigeria’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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476NPA 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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417FG 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...
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263Senate Moves to Boost Nigeria’s Global Gold Market
The Senate yesterday passed for second reading, a bill which seeks to provide a robust legal framework for harnessing, exploitation and marketing...
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315CNG to Reduce Petrol Imports by $4.4b
Nigeria is going to reduce the importation of Premium Motor Spirit, popularly called petrol, by about $4.4bn annually by adopting the use...
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399Federal Mortgage Bank Moves to Recover Delinquent Loans Nationwide
In a bid to recover its delinquent and non-performing loans, the Federal Mortgage Bank of Nigeria (FMBN), yesterday set up seven specialised...
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330New VAT Rate to be Carried Out in Phases –Panel
The Chairman of the Presidential Tax and Fiscal Policy Reforms Committee, Taiwo Oyedele, has said the proposed plan to increase the Value...
