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Business & Economy
Falling value of naira will continue -Experts
Financial analysts have predicted a further depreciation of the Naira.
The economic experts also predicted that Nigeria’s Gross Domestic Product will increase by almost three percent in 2022.
The experts made this claim while speaking…
U.S. Consulate signs tripartite agreement, announces 2022 academy for women entrepreneurs
Paul Ogbuokiri
The U.S. government is committed to supporting women’s full and free participation in the Nigerian economy as they seek to thrive in the workforce, succeed as entrepreneurs, and create stability and prosperity in…
Toyota certified service-center opens in Lagos
...As Osinbajo hints on revival of auto sector
Paul Ogbuokiri
Vice-President Yemi Osinbajo has said that the Federal Government would soon commence revival of Nigeria’s auto industry to complement the huge investments made…
Lt Colonel (Rtd) Paul Obi, 2 others arraigned over alleged fraud
Lt. Colonel (retired) Paul Edor Obi, who was an Administrator of Bayelsa State, Nigeria from July 1998 to May 1999 during the transitional regime of General Abdulsalami Abubakar, was yesterday arraigned before Justice Mojisola Dada of an…
President Buhari impressed with Dangote’s $2.5bn Fertiliser plant
…surprised at scale of investment; says nation set to witness agric boom
President Muhammadu Buhari yesterday commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, with…
Nigeria inflation to soar over diesel high price, Analysts warn
Nigeria’s price inflation would persist as the tension in Europe has pushed up energy prices, leaving the country to deal with high food prices and inflated prices for diesel and other unsubsidized energy imports.
Specifically, Russia is a…
AfDB secures $32.8bn for Lagos-Abidjan mega highway, others
The African Development Bank (AfDB) said that it has secured $32.8 billion in investment commitments for projects in Africa.
The largest deal secured at the recent three-day Africa Investment Forum was $15.6 billion for the Lagos-Abidjan…
DMO: Nigeria borrowed over N6trn in 2021 — debt stock now N39.6trn
The Debt Management Office (DMO) says Nigeria’s total public debt stock climbed to N39.556 trillion in 2021 against N32.915 trillion in the previous year.
Patience Oniha, director-general of DMO, said this on Thursday at a media briefing…
EFCC arraigns UBA worker over N452m fraud
The Economic and Finacial Crimes Commission (EFCC) arraigned one Judith Nneka Nwagwu, a staff of the United Bank for Africa(UBA), before Justice D.A Onyefulu of the Anambra State High Court sitting in Onitsha on a seven-count charge…
DEEP BLUE PROJECT: House Committee on Navy commends NIMASA transparency
…as project earns international recognition
The Chairman House of Representatives Committee on the Nigerian Navy, Honorable Yusuf Gagdi has commended the Management of the Nigerian Maritime Administration and Safety Agency, NIMASA,…