Manufacturers Association of Nigeria Highlights Electricity Shortage as a Barrier to Profitability
The Manufacturers Association of Nigeria (MAN) has identified the country's inadequate electricity supply as a major obstacle to the profitability...
Nigeria’s Inflation Rate Rises to 22.41% in May 2023
Inflation in Nigeria continues to surge as the consumer price index (CPI) reached 22.41 percent in May 2023, marking the...
NMDPRA Grants Licenses to New Oil Marketers, Breaking Monopoly of NNPC.
Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced the commencement of the licensing process for additional oil marketers,...
Federal Government Grants Licenses to NNPCL for Establishment of Crude Export Terminals.
The Nigerian Federal Government has issued licenses to NNPCL Exploration and Production Ltd. and Belema Sweet Export Terminal Ltd. for...
Kenyan President William Ruto Urges African Nations to Move Away from US Dollar for Intra-African Trade.
In a speech delivered at the Djibouti parliament on Tuesday, Kenyan President William Ruto emphasized the importance of shifting away...
Nigeria’s Currency Float: Implications for the Economy and Future Growth
Nigeria has recently taken a momentous step by officially floating its naira currency after years of adhering to a hard...
FG to Generate N124.26bn Annually from 0.5% Import Tax, Finance Bill 2023 Reveals
The Nigerian Federal Government is projected to generate approximately N124.26bn per year through the implementation of a 0.5% import tax...
Tinubu Urges Nigerians to Remain Steadfast Amid Subsidy Removal Decision
President Asiwaju Bola has urged Nigerians to remain resolute in the face of his decision to remove fuel subsidy during...
Nigeria’s Central Bank Transitions Leadership: Introducing Acting Governor Adebisi Shonubi
The recent suspension of Godwin Emefiele as the central bank governor of Nigeria has led to a significant change in...
Unjust Suspension of CBN Governor Raises concerns about the independence of the CBN
President Tinubu's recent suspension of the Governor of the Central Bank of Nigeria (CBN), as reported earlier, has sparked concerns...
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