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Tinubu Explains Why Nigeria Stopped Exporting Raw Gold, Lithium, Other Minerals

The Nigerian government on Tuesday disclosed that it has put a stop to the exportation of raw minerals like gold, lithium, and similar natural resources from the country, opting rather for the refining and processing of the raw materials before they are

October 17, 2023

News

South Africa Set To Displace Nigeria As Africa’s Largest Economy

Going by projections by the International Monetary Fund (IMF), South Africa is looking to briefly overtake Nigeria as the biggest economy in Africa next year with a gross domestic product (GDP) of $401 billion based on current prices in 2024, compared with

October 17, 2023

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

Business·News·Power

FCCPC Finds Electricity DisCos Oppressive To Nigerians Despite Huge Earnings

Despite raking in staggering amounts as revenues from customers over the years, it emerged on Monday that Electricity Distribution Companies (DisCos) operating in Nigeria’s electricity supply industry have been oppressive in their dealings with electricity consumers in the country.

October 17, 2023

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

News·Politics·Technology

Space Tech Only Vehicle For Africa To Catch Up With Developed World – Tinubu

President Bola Tinubu has enjoined African leaders to leverage Industry 4.0 and disruptive technology in the Space sector to move the continent toward the direction of a more prosperous and promising economy.

October 16, 2023

Nigeria's Inflation Rate Increases To 26.72%, AS Food Prices Soars

Business·Finance & Economy

NBS Releases Latest Data On Food Prices As Nigeria’s Inflation Hits 26.72%

The National Bureau of Statistics (NBS) on Monday disclosed that Nigeria’s annual inflation rate rose to 26.72 per cent in September from 25.80 per cent in the previous month, even as the headline inflation rate rose year-on-year (YoY) by 26.72 per cent

October 16, 2023

Customs Exchange Rate For Import Duty Rises By 2.04% In 4 Days

Business·News

‘It’s More Burden On Nigerians’ – Importers Bemoan 200% Spike In Customs Duty

Nigerian importers have decried the soaring costs of getting goods and commodities cleared from the country’s ports, pointing out that import duty has surged by over 200 per cent compared to previous rates, significantly impacting the cost of imported goods. They lamented

October 16, 2023

News

U.S. African Development Foundation CEO Travis Adkins’ Visits Nigeria

President/CEO of the U.S. African Development Foundation (USADF) Travis Adkins will travel to Nigeria from October 16-20. His visit comes after recent trips by U.S. Treasury Deputy Secretary Wally Adeyemo in September and the Global Diversity Export Initiative Trade Mission of the

October 16, 2023

FEATURES

Why Students’ Academic Performance In Tertiary Institutions Continues To Decline

By Elijah Akuma, Geraldine Anyanwu, Success Chisom Ezeobi and Ugochi Okoro Over the years, education has proven to be the bedrock of national development in all parts of the world. However, in Nigeria, its standard has, due to several factors, pathetically

October 15, 2023

Business·News

Despite Painful Reforms, World Bank/IMF Deliberations Affirm Nigeria As First For Foreign Investment – Edun

Coordinating Minister of the Economy, Mr. Wale Edun, has revealed that discussions at the annual meeting of the World Bank/International Monetary Fund (IMF) in Marrakesh, Morocco reveals that Nigeria has now become the first consideration for foreign investment. The Finance Minister, who

October 15, 2023

Business·World News

JP Morgan Fears Global Impacts Of Russia-Ukraine, Israeli-Hamas Wars

The Chief Executive Officer of JPMorgan Chase, Jamie Dimon has stated that the world is at risk of the “most dangerous time” in decades due to last week’s provocation and retaliation by Israel in Gaza at a time the world is yet

October 15, 2023

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Tinubu Explains Why Nigeria Stopped Exporting Raw Gold, Lithium, Other Minerals

South Africa Set To Displace Nigeria As Africa’s Largest Economy

FCCPC Finds Electricity DisCos Oppressive To Nigerians Despite Huge Earnings

Space Tech Only Vehicle For Africa To Catch Up With Developed World – Tinubu

NBS Releases Latest Data On Food Prices As Nigeria’s Inflation Hits 26.72%

‘It’s More Burden On Nigerians’ – Importers Bemoan 200% Spike In Customs Duty

U.S. African Development Foundation CEO Travis Adkins’ Visits Nigeria

Why Students’ Academic Performance In Tertiary Institutions Continues To Decline

Despite Painful Reforms, World Bank/IMF Deliberations Affirm Nigeria As First For Foreign Investment – Edun

JP Morgan Fears Global Impacts Of Russia-Ukraine, Israeli-Hamas Wars

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