Industry & Money
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772Broadband Penetration Hits 45.61% as Telecoms Contribution to GDP Decline to 13.94%
Broadband penetration in Nigeria has maintained a steady increase in the last one year, to reach 45.61 per cent with a total...
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351Pharmaceuticals Now Exempted From Import Duty, VAT –Customs
The Nigeria Customs Service has announced a two-year exemption from import duty and Value Added Tax for critical raw materials essential for...
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138Discos Rake in ₦509b Amidst Serial Grid Collapses
Electricity consumers paid a total of N509.84bn in the fourth quarter of 2024 despite enduring five grid collapses within the same period,...
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166Foreign Trade Through Maritime Rose 91% to ₦130.8tr
Foreign trade through maritime transport rose by 91 percent, Year-on-Year, YoY to N130.75 trillion in 2024 from N68.44 trillion in 2023. Vanguard...
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290Nigeria, Caribbean to Explore Investments in Agriculture, Energy, Others
Nigeria and other African countries said they are exploring investment partnerships in the Caribbean to drive growth in different sectors of the...
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285Dangote Refinery, Others May Import $1.4b Crude Monthly
The Dangote Petroleum Refinery and some modular refineries in Nigeria may spend about $8.56bn to import an estimated 122,400,000 barrels of crude...
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242Local Demand Suffers as Nigeria Exports 86% of Oil Output, 36% of Gas
The federal government’s ambition of industrialising the country may remain a pipedream, as it continues to export most of the country’s fossil...
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116Power Generators Fear Collapse over ₦4.7tr Debt
The Federal Government said it is taking necessary steps to offset the N4.7tn debt owed to power generation companies to avert a...
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145FG, Benue Partner to Revolutionise Livestock Sector
In a move designed to foster peace, economic growth and sustainable economic development in Nigeria, the Benue State government and the federal...
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153FG Seeks $6.25b Annual Investment to Bridge Housing Deficit
The Federal Government has revealed that Nigeria requires an annual investment of $6.25bn to address the country’s housing deficit, estimated at over...
