Business - Page 267

Foreign Investors Capitalize On Nigeria’s Manufacturing Potential - Expert

How Naira Redesign, Forex crisis, Fuel Subsidy Removal, Others Crippled Manufacturing Growth In Nigeria

The manufacturing sector in Nigeria faced an arduous 2023 due to a culmination of challenges stemming from government policies, as highlighted by the Director-General of the Manufacturers Association of Nigeria (MAN), Segun

Emmanuel Ochayi

January 9, 2024

Business·World News

EU Unveils New Import Control System For Maritime, Rail, Road

European Union’s new customs pre-arrival safety and security system, Import Control System 2 (ICS2), has introduced a new process for entry of goods by maritime and inland waterways, road and rail in

Victor Ezeja

January 8, 2024

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets

Jberger, Omatek, Others Top Gainers’ Chart As NGX Continues Its Bullish Run, Crossing 80,000 Mark

In a shift, the NGX’s bullish trend sees a surge beyond 80,000 points, with notable gains dominated by players like Jberger and Omatek. This upward trajectory pushes the All-Share Index to 80,324.53

Emmanuel Ochayi

January 8, 2024

Business·Entertainment

A Tribe Called Judah: How Nigerian Box Office Rakes In N19bn Revenue In 3 Years

Amidst a challenging global landscape, Nigeria’s box office has emerged as a beacon of resilience and success, amassing N19 billion in revenue over the past three years. This feat, propelled by a

Emmanuel Ochayi

January 8, 2024

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·Oil & Gas

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

Last month, Nigeria emerged as a beacon of stability in the tumultuous world of oil production. As the UAE and Angola curtailed their outputs, Nigeria surged forward

Emmanuel Ochayi

January 8, 2024

How Nigeria Can Curb High Airfares On International Routes

Business·News

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

The Central Bank of Nigeria (CBN) has taken a stride in reducing its backlog by repaying $2 billion to Deposit Money Banks, aiming to tackle the escalating volatility in the forex market.

Emmanuel Ochayi

January 8, 2024

Forensic Expert Confirms Forgery Of Buhari’s Signature To Withdraw $26m

Business·News

New Charges Loom For Emefiele In Forex Scandal As Dangote Disputes Allegations

The Economic and Financial Crimes Commission (EFCC) has escalated its investigation into alleged fraudulent foreign exchange allocations during the tenure of former Central Bank Governor Godwin Emefiele, expanding its inquiries to over

Emmanuel Ochayi

January 7, 2024

Anambra Residents Lament As Cost Of Things Bite Harder

Business·News

Nigerian Govt To Drive Rice Production To Tackle Soaring Food Prices

In a bid to alleviate the surging food inflation gripping Nigeria, the Minister of Agriculture and Food Security, Abubakar Kyari, unveiled the Federal Government’s plans for an boost food crop production. Addressing

Emmanuel Ochayi

January 7, 2024

Geometric's Aba Power Plant Set For Commissioning Monday February 26

Business·News

Power Crisis: NERC Threatens Strict Measures Against DisCos Over Load Rejection

In a bid to address the persistent power failure across Nigeria, the Nigerian Electricity Regulatory Commission (NERC) has expressed deep concern over the continuous electricity load rejection by power distribution companies (DisCos).

Emmanuel Ochayi

January 7, 2024

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency·Markets·News

Cadbury, Guinness, Nestle Hit By Naira Depreciation As Report Reveals N472.3bn Loss

In a revelation by Meristem, some major consumer goods companies in Nigeria such as Cadbury, Guinness Nigeria, and Nestle, suffered a combined loss of N472.3 billion due to the depreciation of the

Emmanuel Ochayi

January 7, 2024

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Business - Page 267

How Naira Redesign, Forex crisis, Fuel Subsidy Removal, Others Crippled Manufacturing Growth In Nigeria

EU Unveils New Import Control System For Maritime, Rail, Road

Jberger, Omatek, Others Top Gainers’ Chart As NGX Continues Its Bullish Run, Crossing 80,000 Mark

A Tribe Called Judah: How Nigerian Box Office Rakes In N19bn Revenue In 3 Years

Nigeria Mitigates OPEC Shortfall, Amidst UAE, Angola Oil Cuts

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

New Charges Loom For Emefiele In Forex Scandal As Dangote Disputes Allegations

Nigerian Govt To Drive Rice Production To Tackle Soaring Food Prices

Power Crisis: NERC Threatens Strict Measures Against DisCos Over Load Rejection

Cadbury, Guinness, Nestle Hit By Naira Depreciation As Report Reveals N472.3bn Loss

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