Category: Business
Angola, Libya beats Nigeria in oil production
Our ReporterOct 12, 2022
Angola and Libya have for the second consecutive month maintained their lead over Nigeria as Africa’s highest crude oil producers, according to a report by the...
Economic recovery: Ogun govt set to disburse N1bn grant to MSEs
Our ReporterOct 12, 2022
The Ogun State Government said it would soon commence the first phase of the disbursement of N1billion operational grant to micro and small business operators...
2023 Budget:Aso Rock to spend N14bn on Internet, others
Our ReporterOct 11, 2022
The Presidential Villa plans to spend N14.8bn on Internet access, stationery and telephone charges, among others, under the Federal Government’s planned...
How 510 federal agencies fail transparency test
Our ReporterOct 11, 2022
About 510 Ministries, Department and Agencies (MDAs) of government scored low in the latest Transparency and Integrity Index report for 2022, Daily Trust...
Nigeria’s refineries lose 218 workers, post N69bn loss -NNPC
Our ReporterOct 11, 2022
The number of workers at Nigeria’s refineries fell by 218 within a year, while the facilities posted a cumulative comprehensive loss of N69.03bn during the...
Non oil exports fetch Nigeria $2.6bn in six months-NEPC
Our ReporterOct 11, 2022
The Chief Executive Officer, Nigerian Export Promotion Council, NEPC,Dr. Ezra Yakusak, has said Nigeria’s non-oil export sector performance in the first six...
Fire guts Balogun Market in Lagos
Our ReporterOct 10, 2022
Again, fire on Sunday morning, gutted a building at the popular Balogun Market on Lagos Island, area of the state. Again, fire guts Balogun market, Lagos...
How we plan to push Nigeria’s export to $35b-SMEDAN
Our ReporterOct 09, 2022
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), yesterday in Abuja pledged to push Nigeria’s export target further to $35...
Korean firms to produce electric vehicles in Nigeria
Our ReporterOct 09, 2022
The National Automotive Design and Development Council (NADDC) has sealed partnerships with some Korean companies to produce more Electric Vehicles in Nigeria. A...
Inability to secure foreign loan delays Abuja-Kano, Port Harcourt-Maiduguri rail projects
Our ReporterOct 09, 2022
The Ministry of Transportation has said that construction of the Abuja-Kano and Port-Harcourt-Maiduguri rail projects were being delayed because of some...












