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Tinubu appoints Shu’aibu Aliyu as PTDF executive secretary

  • 2nd April 2026
Cocoa hits largest weekly gain in 24 years at $6,470 as Nigeria's supply drops

High fuel costs disallow cocoa processors amid price

  • 2nd April 2026
FG opens applications for Girls in ICT competition

FG launches $2bn digital economy research cluster

  • 2nd April 2026

NNPC ships first Cawthorne blend cargo to international

  • 2nd April 2026

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Tag: Nigeria

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Unemployment will rise to 40.6% in 2023 – KPMG

KPMG has reported that Nigeria’s unemployment rate will continue to rise and hit 40.6% in 2023. This was revealed in the multinational’s latest report titled, “Global Economic Outlook” for the first quarter of the year 2023 accessed by AMBusiness. According to the report, unemployment is projected to persist as a significant challenge in 2023 due […]

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Nigeria’s GDP to grow by slow rate of 3% – KPMG

KPMG has estimated that Nigeria’s Gross Domestic Product will have a slow growth rate of 3% in 2023 due to challenges related to the redesign of the naira and the ongoing political transition. This was in its report titled, ‘2023 Global Economic Outlook H1″ accessed by AMBusiness. According to the report the global economic slowdown […]

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Nigeria to save $1.3bn by stopping substandard ACs and Refrigerators – UN

The United Nations Environment Programme has reported that Nigeria could save approximately $1.3bn per annum if it ceases using air conditioners and refrigerators that do not comply with the Minimum Energy Performance Standards. This was disclosed In their report titled “Project Overview of Scaling-Up Energy-Efficient and Climate-Friendly Cooling in Nigeria’s Nationally Determined Contribution Revision,” accessed […]

Dr. Anthonia Alebiosu
Business

FIRS staff wins Africa’s award in taxation

A staff member of the Federal Inland Revenue Service, Dr. Anthonia Alebiosu, has been announced as a winner of the prestigious ‘Forty Under 40 Africa Award’ in South Africa. According to The PUNCH, the event was held in late March, where Dr. Alebiosu won the taxation category of the award, competing against over a thousand […]

Business

SON warns against buying uncertified products

The Director General of the Standards Organisation of Nigeria, Malam Farouk Salim, has urged Nigerians to avoid buying uncertified products that could pose a risk to their well-being. According to The Punch, Salim made this announcement during SON’s Special Day event, which took place on Thursday at the ongoing 34th Enugu International Trade Fair in […]

Debt Management Office,Nigeria
Business

Private sector predicts more hardship as national debt hits N46trn

Members of Organised Private Sector and economists have predicted more hardship for Nigerians and organizations as the total public debt stock increased to N46.25tn in the last of 2022. This comes after the announcement of the the Debt Management Office on Thursday that revealed that Nigeria’s total public debt stock increased to $103.11bn in the […]

Naira redesign: CBN has my approval, Buhari clarifies
Business

Substandard ACs, refrigerators suck Nigerians’ finances – FG

The Federal Government has stated that it will not allow the importation of substandard air conditioners and refrigerators as they strain finances, causing higher energy bills. This followed after the United Nations reported that Nigerians purchase about one million air conditioners annually. According to The Punch, Nigeria government has instructed relevant agencies to ensure that […]

Minister of Communications and Digital Economy, Isa Pantami
Business

FG okays N24.20bn for internet in schools, markets, airports

The Nigerian government gave its approval on Wednesday to allocate N24.20bn for the purpose of providing broadband internet connection to a minimum of 20 airports, 43 schools, and six marketplaces all over the country. The Punch reported that the announcement of the approval was made by the Minister of Communication and Digital Economy, Prof Isa […]

Nigerian Coat of Arm
Business

Senate extends 2022 budget implementation 

The Senate has extended the implementation period of the capital component of the 2022 budget until June 30, 2023, instead of the initial deadline of March 31. The Punch reported that the extension came after a request for an amendment to the Appropriation Act 2022 by the Senate leader, Senator Gobir. The lawmakers relaxed their […]

An aircraft packed-Diamond aircraft
Business

Top aircraft maker Diamond considers investment in Nigeria

A leading aircraft manufacturer, Diamond Aircraft, has announced its plans explore the market potentials in Africa and establish strong presence in Nigeria. According to The Punch, this was said last weekend by the Chairman, Diamond aircraft, Bin Chen, during his team’s visit to Nigeria’s Minister of Aviation, Hadi Sirika. In his words, “We are excited […]

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