News

The Federal Government, in collaboration with the Bank of Industry (BOI), has finalized plans to launch the "NextGen" bank, which will be dedicated to supporting youth entrepreneurs with loans and...

Amidst economic challenges in Nigeria, former Akwa Ibom State Governor Udom Emmanuel has urged the federal government to provide concessions to airline operators to facilitate smoother operations. Yesterday, in Abuja,...

Nigeria's first Compressed Natural Gas (CNG) vehicle manufacturer, Innoson Vehicles Manufacturing Company Ltd (IVM), based in Nnewi, Anambra State, has built a new multi-billion naira plant. This facility will produce...

The Okomu Oil Palm Company Plc. declared 18.50k dividends for its stockholders yesterday for the fiscal year ending December 31, 2023. The decision was made during the company's annual general...

Kerosene price, the average retail price per litre of household paraffin (HHK) in Nigeria increased by 6.29 percent month on month to N1,439.64 from N1,354.40 in March 2024. The National...

Amy Pope, Director-General of the International Organisation for Migration (IOM), stated on Tuesday that migration is a critical engine of economic resilience, growth, and prosperity. In Lagos, Pope Francis stated...

According to the National Bureau of Statistics (NBS), the average retail price of one litre of diesel rose from N842.25 in April 2023 to N1415.06 in April 2024. The NBS...

The Nigeria Customs Service, Federal Operations Unit, Zone D, has disclosed that its officials intercepted 17,580 litres of premium motor spirit valued at N12.7m between April and May 2024. The...

Nigeria produced 159,158,191 barrels of crude oil in the first four months of 2024; data by the Nigerian Upstream Petroleum Regulatory Commission has shown. According to the NUPRC data, 44.2...

To enhance talent exports and generate substantial foreign exchange earnings, the Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, oversaw the signing of a Memorandum of Understanding (MoU) between...