Rural Electrification Agency signs grant to provide MSMEs with energy efficient appliances
Nigeria’s Rural Electrification Agency (REA) has put plans in place to ensure rural communities have access to energy-efficient and electric-productive...
Fuel Subsidy: President Tinubu tasks Vice President to fast-track interventions.
President Asiwaju Bola Tinubu has directed Vice-President Shettima-led National Economic Council (NEC) to quickly fashion out a modus operandi for...
Nigeria’s manufacturing imports declines in new NBS report
According to a new report by NBS, the value of manufactured goods imported into the country declined by 2.11% in...
Manufacturing sector witness stagnant growth between 2018 and 2022
The contribution of the manufacturing sector to Nigeria’s Gross Domestic Product (GDP) has stunted in the last five years.
Oil price bounce back in early trading as OPEC+ agree cuts
OPEC+ Leaders have agreed to cut oil production by 3.6 million bpd starting from July, with Saudi Arabia spearheading plans to...
Mastercard Foundation enters $45m partnership to manufacture vaccines in Africa
Canadian-based Mastercard Foundation has entered a multi-year partnership with the Senegalese Foundation Institut Pasteur de Dakar (IPD) aimed at human...
Nigeria records impressive performance in 2022 Global Mobile Money report.
There has been a 41% increase in the number of registered agents for mobile money payments in Nigeria according to...
Manufacturers task CBN to prioritize productive sectors in forex allocation
The Manufacturers Association of Nigeria (MAN) has tasked the new administration to prevail on the CBN to ensure productive sectors...
CBN’s multiple exchange rate leads to lower economic growth – World Bank
He added that the bank has taken a couple of initiatives to ensure countries adopt the single exchange market system...
