Imported goods stunting Nigeria’s domestic production – Presidency
Bisola David The Special Adviser to the President on Media and Publicity, Femi Adesina has said that Nigerian consumers should adopt a different mentality and support locally made…
Nasarawa boosts small businesses with N500m
Kazeem Owoseni The Nasarawa State Government in collaboration with the bank of industry, has come up with another business strategy, by setting aside a total sum of N500…
Buhari to inaugurate Dala International Inland Dry Port on Jan. 30
The Dala International Inland Dry Port in Zawachiki, Kumbotso Local Government Area, Kano State, will be formally inaugurated by President Muhammadu Buhari on Monday, January 30. According to a statement…
We’re not hoarding new naira, banks debunk CBN’s claims
Oluwanifemi Ojo Commercial bank operators in Nigeria have disputed assertions made by the Central Bank of Nigeria that they are hoarding naira notes despite having enough supply. The…
How CBN raised interest rate from 11.5% to 17.5% in eight months
Oluwanifemi Ojo The Central Bank of Nigeria has raised its benchmark interest rate five times since May 2022. The bank had retained its 11.5 percent interest rate for six…
How CBN raised interest rate from 11.5% to 17.5% in eight months
The Central Bank of Nigeria has raised its benchmark interest rate five times since May 2022. The bank had retained its 11.5 percent interest rate for six years before…
FCCPC extends digital money lenders registration deadline
Bisola David The Federal Competition and Consumer Protection Commission stated on Friday that the registration deadline for online money lenders would be extended. The procedure has been extended to…
Nigeria-Niger Rep rail project would increase trade, says FG
Bisola David The Nigeria-Niger Republic rail project, according to the federal government, will increase trade and other socioeconomic exchanges between the two nations. The Punch reported that the minister…
Nigeria, India commerce volume hit $14b in 2022
Nigeria and the Republic of India conducted $14.95 billion worth of commerce in 2022. At the 74th Republic Day of India, in Abuja, the Indian High Commissioner to Nigeria, Gangadharan…
Why tech firms are laying off staff
Oluwanifemi Ojo From last year, tech giants have embarked on job cuts, and the question of every employee will likely be who's next to announce downsizing after the…
How Southerners paid more for kerosene in Dec 2022 – Report
Bisola David The National Bureau of Statistics has said that according to information on its website, it has been discovered that Nigerians in the southeast of the country paid…
‘FG committed to creation of Ekiti free trade zone’
The Federal Government has reiterated its commitment to establishing a free trade zone in Nigeria. According to The PUNCH, this was disclosed by the Managing Director of the Nigeria Export…
