Nigeria’s export sector is set to receive a major boost as the Nigerian Aviation Handling Company (NAHCO) Plc announced a N1 billion investment in an export processing center in Lagos. …
Nigeria
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Nigeria’s currency, the naira, has lost nearly 40 percent of its value against the US dollar in the past three months, sparking fears of more economic woes and job losses …
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The Federal Government of Nigeria has announced a series of initiatives to combat the soaring food inflation in the country. The Minister of Agriculture and Food Security, Sen Abubakar Kyari, …
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President Bola Tinubu appoints six executive directors to key positions in NPA and NIMASA, advancing the nation’s maritime and blue economy.
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The Economic and Financial Crimes Commission (EFCC) on Thursday stormed the headquarters of Dangote Industries Limited in Ikoyi, Lagos, as part of its ongoing probe into the alleged forex abuse …
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Nigeria’s manufacturing sector faces a bleak outlook for 2024 as the persistent instability of the naira and the rising cost of production hamper its growth prospects. Experts warn that unless …
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Nigeria’s oil marketers have warned that the current price of petrol is unsustainable and have demanded an increase to N1,200/liter, amid a worsening fuel subsidy crisis. The Independent Petroleum …
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Nigeria’s President Bola Tinubu has signed the 2024 budget into law, amid rising inflation and public discontent. The budget, which was increased by N1.2tn by the National Assembly, allocates N344.85bn …
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President Bola Tinubu has signed a bill to extend the 2023 supplementary budget until March 2024, in a move to enhance the country’s security and infrastructure development. The bill, which …
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Nigeria’s National Parents Teachers Association (NAPTAN) has called on the federal government and academic unions to end the frequent strikes that have disrupted the education sector in the country. …