Air Peace’s first London flight spur excitement
The excitement of the weekend’s full flight to London by Air Peace was noteworthy in Nigeria. To celebrate this occasion of its…
Nigeria
Femi Agbaje named Notore Chemical Industries chair
Notore Chemical Industries Plc has announced the appointment of Mr. Femi Agbaje as the Chairman of the Board of Directors until the…
Nigeria earned N2.33tn from VAT, CIT in Q4 2023 – NBS
Nigeria’s economy witnessed a significant influx of revenue from Value Added Tax and Company Income Tax in the fourth quarter of 2023,…
Nigeria’s crude oil output drops 7% in February – OPEC
Nigeria’s crude oil production, excluding condensate decreased month-on-month by 7 per cent to 1.3 million barrel per day in February 2024, from…
Nigerian banks involved in 70% of financial crimes – EFCC
The Economic and Financial Crimes Commission on Monday indicted the banks in relation to about 70 percent of Nigeria’s banking offences. This…
Developers lament price surge, failing revenue
Developers are worried about how growing building material costs may affect their bottom line. The PUNCH stated that, during the launching of…
IMF doesn’t publish exchange rates – Rep
The International Monetary Fund Resident Representative for Nigeria, Christian Ebeke, stated in a statement on Friday that the IMF does not release…
Nigeria to address demands of beverage workers – Minister
The Coordinating Minister for the Federal Ministry of Health and Social Welfare, Prof. Ali Pate, has pledged that the ministry would make…
Investors lose N67bn as market dips
By Melvin Onwubuke The Nigerian stock market could not maintain the early trading trend as it returned to the red zone…
Manufacturing sector’s FDI rises by $644m – NBS
Foreign investments in Nigeria’s manufacturing sector increased by $644 million in 2023 to $1.5 billion from $948 million in the previous year.…
Nigeria’s GDP grows 3.46% in Q4, decreases by 2.74% in 2023
Nigeria’s Gross Domestic Product grew at 2.74% annually in 2023, a modest slowdown from the 3.10% growth rate attained in 2022. According…
US seeks bilateral expansion, prosperity with Nigeria
By Melvin Onwubuke The United States has disclosed, it is soliciting ways to bilaterally expand the trade and investment, and safe guard…