The Bank of Industry has pledged support for local companies that have continued to invest in the country despite the global economic downturn. The development finance institution stated that …
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Sub-Saharan Africa to make 25% of global workforce – Report
A new research done by Bridgewater Associates, Global Citizen and Harith General Partners, has revealed that Sub-Sahara Africa is set to contribute about 25 per cent of the global …
Read More »Shettima inaugurates $115m West Africa Container Terminal upgrade in Rivers
Vice President Kashim Shettima, on Wednesday, inaugurated a comprehensive $115m upgrade project at the West Africa Container Terminal located in Onne in the Eleme Local Government Area of Rivers …
Read More »Abuja chamber, Afreximbank host inaugural food technology expo
The Abuja Chamber of Commerce and Industry, in collaboration with Afreximbank and other strategic partners, is set to host the maiden edition of the Farm, Food, and Allied Technologies …
Read More »NGX: Oando, RT Briscoe among top losers as investors shed N193bn
Investors in the Nigerian equities market lost N193 billion at the close of trading on Wednesday. This followed the dip in the share prices of stocks like Oando, RT Briscoe, …
Read More »Petrol price hike: MAN warns of Nigerians to brace for fresh surge in inflation
The Manufacturers Association of Nigeria (MAN) has warned that the recent hike in the prices of premium motor Spirit PMS popularly known as petrol may lead to a fresh surge …
Read More »Bill Gates rates Nigeria’s tax collection rate, says it’s too low
The co-chair of the Bill and Melinda Gates Foundation, Bill Gates, stated yesterday that Nigeria’s tax collection rates are low, pointing out that this poses a challenge to financing critical …
Read More »Nigeria’s power generation hits three-year high of 5,313MW, but distribution challenges persist
Nigeria’s power generation has reached a three-year peak of 5,313 megawatts, according to the Federal Ministry of Power. This milestone, announced on Monday, marks a significant improvement in the country’s …
Read More »Equity market sustains rally with N45bn gain
The Nigerian Stock Exchange sustained its bullish momentum on Tuesday, with investors pocketing a N45bn gain. The index rose by 0.08 per cent to close at 96,873.74 and the …
Read More »Banks extend N75.48tn credit to private sector – CBN
Banks’ credits to the private sector rose by 34 per cent to N75.48tn in July, from N56.46tn in the prior year. This is according to the latest data on …
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