![](http://ae01.alicdn.com/kf/S2a1dc6635aff43b5981d02fd5441a4c7j.jpg_140x140.jpg")
![](http://ae01.alicdn.com/kf/S8397010e008344e0b1ccf8d00744b6e36.jpg_140x140.jpg")
![](http://ae01.alicdn.com/kf/S76bba152701d4794a73829b188705251K.jpg_140x140.jpg")
![](http://ae01.alicdn.com/kf/S80ec1d70c1844a6283ef6738e44ef71bW.jpg_140x140.jpg")
![](http://ae01.alicdn.com/kf/S5e2d120b6deb48a3ac8219e6bdf965d0Y.jpg_80x80.jpg")
![](http://ae01.alicdn.com/kf/S7a3a1074fe6b40b69322a821c5971435F.jpg_140x140.jpg")
![](http://ae01.alicdn.com/kf/S4a83d378ed4749858a32004dfb21dc22N.jpg_140x140.jpg")
![](http://ae01.alicdn.com/kf/S9747c644a8504b13af36e9e828821319K.jpg_140x140.jpg")
![](http://ae01.alicdn.com/kf/Sf95452129c6444a4a350dd43d889ea96H.jpg_140x140.jpg")
During a recent inspection tour of the Kaduna Refinery and Petrochemicals Company Limited (KRPC), Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, disclosed that the refinery’s ongoing quick-fix project is…
Category: Business and Economy
Explore the intricate landscape of “Business and Economy” through our News category. Delve into the realms of commerce, finance, entrepreneurship, and market trends. From insightful analyses of global economic shifts to guidance for small business owners, this category offers a comprehensive resource hub for individuals interested in understanding the dynamics that drive our financial world.
Enugu Govt. Pledges 20hrs Daily Electricity by 2030
Enugu State Government has set ambitious goals for its energy sector, aiming to transform from an energy-deficient region into a thriving electricity market generating more than 690 megawatts of power, with a commitment to provide a minimum of 20 hours of daily electricity by 2030. The government is keen to expedite the implementation of the Enugu State Electricity Law, capitalizing on the 2023 constitution amendment and the Electricity Act 2023, aligning this initiative with its broader economic development plan to position Enugu State as a prominent industrial hub.
Tinubu Appoints CEOs in Marine and Blue Economy Sector
In a statement released by Chief Ajuri Ngelale, the Special Adviser to the President (Media & Publicity), on October 25, 2023, President Bola Tinubu has announced the appointment of two new Chief…
President Tinubu Addresses Economic Concerns
President Bola Tinubu has responded to the concerns of the business community, reassuring them of plans to enhance foreign exchange liquidity. He emphasized that his administration will honor all legitimate foreign exchange…
Gov Alex Otti Explores Investment Opportunities During Hungarian Working Visit
Abia State Governor, Alex Otti, recently embarked on a working visit to Hungary to explore investment prospects and potential partnerships in various sectors. The Governor’s visit to Hungary followed a meeting with…
N-Power Beneficiaries to Receive Backlog Payments, Scheme Renamed
The Federal Government of Nigeria has announced that it will begin disbursing the nine-month backlog of payments to N-Power beneficiaries in November. Alongside this update, the government has also unveiled a new…
South Africa May Overtake Nigeria as Africa’s Largest Economy – IMF
The International Monetary Fund (IMF) has released forecasts suggesting that South Africa could surpass Nigeria to become the largest economy in Africa. According to the IMF’s World Economic Outlook, South Africa is…
September 2023 Sees an Increase in Nigeria’s Inflation Rate
According to a report from the National Bureau of Statistics (NBS) released on Monday, Nigeria experienced an increase in its headline inflation rate in September 2023. The headline inflation rate for the…
Gov Alex Otti Advocates for Rail Restoration in Abia State
In an important development, Alex Otti, the governor of Abia State under the Labour Party, recently met with a delegation from the Nigerian Railway Corporation (NRC), Eastern District. Led by Mr. Moddibo…
CBN Lifts Restrictions on 43 Previously Banned Items
The Central Bank of Nigeria (CBN) has taken a significant step by removing restrictions on the importation of all 43 items that were previously banned under the 2015 Circular TED/FEM/FPC/GEN/01/010 and its…
Roles of Networking and Mentorship in Career Growth
Networking and mentorship are essential components of career growth that play a vital role in shaping the trajectory of one’s professional life. These practices offer a wealth of opportunities to build meaningful…
Reps to Investigate Use of Foreign Currency Amid Falling Naira
In response to concerns over the declining value of the Nigerian Naira against foreign currencies, particularly the United States Dollar, the House of Representatives in Nigeria has taken action. The House has…
OPay Denies Opening Accounts for Customers Without Consent
Nigerian fintech startup OPay has denied allegations on social media that it opened accounts for customers without their consent. An internal investigation was launched in response to customers claiming that their phone…
Aquafina Surprises Dr. H2O
Aquafina, Nigeria’s leading premium bottled water brand, pleasantly surprised Wisdom Nsima, affectionately known as Dr. H2O, by presenting him with an extensive business setup reportedly valued in the tens of millions of…
South-East Gov’s Summit Address Insecurity, Economic Disruptions
The governors of Nigeria’s South-East region convened a two-day summit in Owerri, Imo State, to address the growing challenges of insecurity and economic disruptions in the region. The summit aimed to explore…
Tinubu Becomes First Nigerian Leader to Ring Closing Bell at NASDAQ
In a historic moment, President Bola Tinubu became the first Nigerian leader to ring the closing bell at the National Association of Securities Dealers Automatic Quotation System (NASDAQ), the world’s second-largest stock…
Nigerian President Address at 78th UN General Assembly
In his first address to the United Nations General Assembly, Nigerian President emphasizes the importance of global partnership in addressing Africa’s challenges, including economic development, democracy, security, climate change, and resource protection….
Dangote Refinery to Commence Petrol Production by November 2023
Dangote Refinery, a game-changing project in Nigeria’s energy sector, is poised to achieve significant production milestones, according to Devakumar Edwin, the group’s executive director. In an interview with S&P Global Commodity Insights,…
Tinubu nominates new CBN Governor
President Bola Tinubu has given his approval for Dr. Olayemi Michael Cardoso to assume the role of Governor of the Central Bank of Nigeria (CBN) for an initial five-year term, pending confirmation by the Nigerian Senate.
Nigeria’s Inflation Surges to 25.80% in August 2023
Nigeria’s inflation rate climbed to 25.80% in August 2023, marking a significant increase from the previous month’s figure of 24.08%. This surge is revealed in the Consumer Price Index report for August…