Economy
MEMAN Reveals Drop in Landing Cost of Premium Motor Spirit in September 2024
The Major Energies Marketers Association of Nigeria (MEMAN) has reported a significant decrease in the landing cost of Premium Motor Spirit (PMS) in...
Controversy Surrounds Petrol Pricing Between Dangote Refinery and NNPCL
The issue of how much Dangote Refinery sells petrol per litre to the Nigerian National Petroleum Company (NNPC) Limited has sparked significant debate...
MAN Criticizes Government’s Lack of Commitment to Manufacturing Sector
The Manufacturers Association of Nigeria (MAN) has expressed concern over the continued underperformance of the country’s manufacturing sector, which is currently operating at...
President Tinubu Acknowledges Hardship, Blames Past Governments’ Actions and Inaction
President Bola Tinubu has admitted that Nigeria is currently facing significant economic hardship. Speaking during a meeting with the Forum of Former Presiding...
Naira Strengthens as Dollar Supply Increases by 117% in the Forex Market
The supply of the U.S. Dollar and other foreign currencies surged by 117 percent at Nigeria's foreign exchange (FX) market on Friday, boosting...
Coca-Cola System in Nigeria Announces Major $1 Billion Investment Plan Over the Next Five Years
The Coca-Cola System in Nigeria, comprising Coca-Cola Nigeria Limited and its authorized bottler, the Nigeria Bottling Company (NBC), has announced a significant expansion...
APM Terminals Apapa Sees 25% Increase in Non-Oil Export Volumes
Nigeria’s largest container terminal, APM Terminals Apapa, has reported a significant growth in its non-oil export volumes over the past four years. The...
Ebonyi State to Implement National Minimum Wage for Civil Servants Starting September
The Ebonyi State Government has announced that it will begin implementing the Federal Government-approved National Minimum Wage for civil servants starting this September...
Central Bank of Nigeria Sets Dates for 297th Monetary Policy Committee Meeting
The Central Bank of Nigeria (CBN) has scheduled its 297th Monetary Policy Committee (MPC) meeting for September 23 and 24, 2024. The two-day...
Pension Fund Assets Surge to N20.79 Trillion as States Contribute Over N236.7 Billion
The National Pension Commission has announced a significant increase in pension fund assets, which have reached N20.79 trillion as of July 2024. This...
