“The UK government, a longstanding ally of Nigeria, is committed to facilitating investment, trade, and economic development. The launch of this EV project is evidence that partnerships truly work when all parties remain focused on a mutual goal.”
Browsing: ECONOMY
“Our turnover for the financial year ended December 31, 2023, grew 37 percent to N80.8 billion, marking a significant increase from the previous year. Profit after Tax also saw an impressive growth of 151 percent to N13.7 billion, reflecting our commitment to operational efficiency and excellence.”
The Director General, Manufacturers Association of Nigeria (MAN), Mr Segun Ajayi-Kadir, says the recent decisions by the Monetary Policy Committee…
President Bola Ahmed Tinubu has called for the strengthening of regional economic communities to drive integration and trade ties among…
The Naira gained N3.31 at the official market on Tuesday, trading at N1,465.68 to the dollar.
“This is one of the weakest links we have in Nigeria. We promulgate policies without testing the impacts on human welfare gains and losses. Otherwise, the apex bank could have shown why reversing the policy would have hurt Nigeria, or did it not have any benefit to start with?
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N254.06 in…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised the country’s baseline lending rate by…
Former Director of Research Department, Central Bank of Nigeria (CBN), Dr Titus Okunronmu has predicted an increase in the lending…
The CBN, in its latest circular dated May 17, 2024, referred to the earlier May 6, 2024 circular and advised financial institutions that the initial circular on the implementation of the cybersecurity levy “is hereby withdrawn”.