Ebonyi gov defends N13.7bn cost of airport renovation
Governor Francis Nwifuru of Ebonyi states has defended the allocation of N13.7 billion for the repair of Senator Chuba Okadigbo Airport in…
Business
QNET launches platform to increase transparency in Africa
The lifestyle and wellness company QNET, which uses a direct selling business model, claims it is steadfast in its dedication to transparency…
Nigeria is Africa’s second-largest podcast consumer – Spotify
Nigeria is Africa’s second-largest podcast consumer, according to global streaming service Spotify. According to The Times, in celebration of International Podcast Day,…
How manufacturers spent $60bn on renewable energy in six months – MAN
The Manufacturers Association of Nigeria has stated that manufacturers spent at least N60.4bn on alternative energy sources in the first half of 2023.…
Dangote Group subsidiaries paid FG N474bn in tax – Report
In three years, three Dangote Group subsidiaries paid the federal government a total of N474 billion in taxes. According to The Punch,…
Nigeria needs $3.3m to curb diphtheria outbreak – UNICEF
UNICEF Nigeria has stated that an additional $3.3 million must be raised before the end of the year in order to stop…
Debt crisis: IMF urges Nigeria to stop tax waivers
The International Monetary Fund has counseled Nigeria and other Sub-Saharan African nations to concentrate on reducing tax exemptions and mobilizing domestic revenue…
Nigeria is entering an era of concrete highways – FG
Nigeria is progressively transitioning to the era of concrete roads, according to Minister of Works, David Umahi. According to The Punch, Umhai pointed…
How human capital devt will curb brain drain, unemployment – NESG
The Nigerian Economic Summit Group has emphasized the necessity for public and private sector stakeholders to support and ensure human capital development.…
Exchange rate hits N851/$1 intra-day high, lowest in 60 days
The naira-to-dollar exchange rate ON Tuesday, achieved a two-month intra-day high of N851/$1 in the Investor and Exporter window, the official forex trading platform.…
How low inflation, stable exchange rates will draw investors – IMF
The IMF’s resident representative in Nigeria, Ari Aisen, asserts that lower inflation and stable currency rates will draw more foreign investment to the…
Operators lament influx of fraudulent automobile parts
Experts in the field have emphasized the significance of addressing the present influx of subpar spare parts in the Nigerian automotive industry.…