Business

Collaboration Is Key, VP Shettima Says, Champions Public-Private Partnerships To Boost Nigeria’s Economy

Vice President Shettima has called for collaboration between government and private sector to tackle Nigeria's economic challenges.

4 months ago

Solar Energy Expert Ogunkunle Calls for Policy Focus on Battery Recycling, Safety Standards in Nigeria

Solar expert Ogunkunle has stressed the need for businesses to use heavy-duty batteries for demanding appliances, to prevent potential disintegration.

4 months ago

Kyari Laments Oil Theft’s Impact on PIA Gains, Calls for Judicial Support to Combat Scourge 

NNPC’s Kyari has urged the judiciary to accelerate hearings in oil theft cases to ensure timely punishment and deter offenders.

4 months ago

World Bank Approves $2.25bn for Nigeria to Stabilise Economy

World Bank's $2.25bn intervention will boost Nigeria's non-oil revenues, scale up support to the poor and most economically at risk.

4 months ago

I’ve Paid $2.4bn of $5.5bn Borrowed to Build Refinery, Dangote Says

Dangote ssys he has repaid $2.4 billion of the $5.5 billion borrowed for his $19 billion refinery project.

4 months ago

To Boost Investment, NUPRC Slashes Signature Bonuses for Oil Blocks to $10m for Deepwater, $7m for Shallow Water

To attract more investments, NUPRC has lowered signature bonuses to $10m for deepwater and $7m for shallow water/onshore assets

4 months ago

IMF Reports Shift Away from Dollar In International Reserves, Warns Of Rise In Nontraditional Reserve Currencies

Recent data from the IMF's COFER reveals a gradual decline in the dollar's global reserve share, amidst diversification trends.

4 months ago

Ghana To Delay More Cocoa Deliveries As Supply Crisis Worsens

Ghana, a major player in the global chocolate industry, is facing a significant shortfall in cocoa delivery for the current…

4 months ago

Nigeria’s VAT Revenue Hits N1.43 Trillion In Q1 2024, Up 19.21% From Previous Quarter

Nigeria’s VAT revenue rose to 19.21%, reaching N1.43tn in Q1 2024, while CIT revenue dropped by 12.87%, hitting N984.61bn.

4 months ago

PwC Report: Nigeria’s Advertising Industry Worth N605.2bn, Projected To Reach N893bn By 2028

PwC says Nigeria’s advertising industry was worth N605.2 billion in 2023 and is projected to be N893 billion by 2028.

4 months ago