All posts tagged "Featured"
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3.2KTelecoms & ITBroadband 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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370Economy & Market‘Nigeria’s Economy on the Path of Recovery’
Against the backdrop of various interventions by the Federal Government and the Central Bank of Nigeria (CBN), the Association of Senior Staff...
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492Industry & MoneyPharmaceuticals 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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328Banking & FinanceCBN Strengthens FX Market Surveillance
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has emphasised the bank’s commitment to intensified surveillance of the foreign exchange (FX)...
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314Banking & FinanceCBN Plans Fresh Battle Against Forex Speculators as Naira Slides
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank remains resolute in its commitment to maintaining order...
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3.7KMartimeForeign 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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408Industry & MoneyNigeria, 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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325Business NewsDangote Polypropylene Production to Revive Textile Industry, Save Nigeria $267m –MAN
The Manufacturers Association of Nigeria (MAN) has stated that the production of polypropylene by the Dangote Petroleum Refinery & Petrochemicals will revive...
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490Banking & FinanceBanks Borrow ₦9.2tr from CBN to Fund Operations
Nigerian Deposit Money banks accessed more than N9 trillion to fund operations as the liquidity shortage bit last week. The financial system...
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356Industry & MoneyLocal 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...
