Finance & Economy - Page 113

How Nigeria’s FDI Fell By $19bn In 10 Years – Finance Minister

Finance Minister Advocates CNG Adoption To Halve Petrol Costs

Nigeria’s Finance Minister, Wale Edun, has advocated the widespread adoption of Compressed Natural Gas (CNG) as a measure aimed at slashing petrol costs by half. He said this during the launch of the

Emmanuel Ochayi

1 year ago

Business·Finance & Economy·News

UNIDO, Nigerian Govt, Others Partner For Digital Transformation

The United Nations Industrial Development Organisation’s Investment and Technology Promotion Office (UNIDO ITPO) in Nigeria has joined hands with the Federal Government, the Nigerian Association of Small and Medium Enterprises (NASME), Sterling

Emmanuel Ochayi

1 year ago

CNG Will Save N2trn Monthly Spend On Petrol, Diesel - Tinubu

Business·News·Oil & Gas

Nigerian Govt Unveils N300,000 To N600,000 Conversion Cost For CNG-enabled Vehicles

The Nigerian government has taken a step in its commitment to promote the adoption of eco-friendly transportation by unveiling the anticipated conversion costs for enabling vehicles to run on Compressed Natural Gas

Emmanuel Ochayi

1 year ago

NLC Stands Firm On Nationwide Strike Amidst FG's Independence Day Plea

Labour

Fresh Labour Strike Designed To Cause Undue Hardship, Instability – Presidency

Nigeria's Federal Government has described the nationwide indefinite strike declared by organised labour as an attempt to backmail it

Victor Ezeja

1 year ago

Business·Oil & Gas

Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation For Refineries

The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted

Admin

1 year ago

NLC To Embark On Warning Strike On Tuesday

Labour·News

Ajero Brutal Treatment: NLC, TUC Declare Nationwide Strike

The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have resolved to embark on an indefinite nationwide strike beginning tomorrow, Tuesday, 14 November. This was announced at a joint press conference

Victor Ezeja

1 year ago

Naira Appreciates Against Dollar At Official, Black Market

Business·Currency·Finance & Economy·News

8 Firms Hit By Naira Devaluation: N918.1bn Currency Revaluation Loss

In a blow to major corporations, the decline in the naira’s value has led eight Nigerian firms to declare N918.1 billion in currency revaluation losses. The naira’s slide, exacerbated by the market-driven

Emmanuel Ochayi

1 year ago

Business·News·Oil & Gas

Defense Minister Aims For 1.9 Million Barrels Daily By Year-End

Nigeria’s Defense Minister, Bello Matawalle, has unveiled a plan to increase the country’s oil production level to 1.9 million barrels per day, marking an improvement from the current 1.5 million barrels per

Emmanuel Ochayi

1 year ago

Business·Finance & Economy

NEITI Reveals Why Nigerian States Are Backward

A total of N2.10 trillion was added to the recurrent expenditure of Nigerian states between 2020 and 2021 jacking up the deficit by 22.97 per cent to N1.16 trillion in 2021. This

Victor Ezejaand

Admin

1 year ago

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business·Finance & Economy·News

KPMG Predicts Nigeria’s Inflation To Soar At 30% By December 2023 Amidst Economic Reforms

Global financial advisory service firm, KPMG, has predicted that Nigeria’s headline inflation is poised to skyrocket to 30% by the end of 2023. The West African nation, already grappling with a headline

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 113

Finance Minister Advocates CNG Adoption To Halve Petrol Costs

UNIDO, Nigerian Govt, Others Partner For Digital Transformation

Nigerian Govt Unveils N300,000 To N600,000 Conversion Cost For CNG-enabled Vehicles

Fresh Labour Strike Designed To Cause Undue Hardship, Instability – Presidency

Wabote Canvases Increased Crude Oil, Gas Production To Avert Importation For Refineries

Ajero Brutal Treatment: NLC, TUC Declare Nationwide Strike

8 Firms Hit By Naira Devaluation: N918.1bn Currency Revaluation Loss

Defense Minister Aims For 1.9 Million Barrels Daily By Year-End

NEITI Reveals Why Nigerian States Are Backward

KPMG Predicts Nigeria’s Inflation To Soar At 30% By December 2023 Amidst Economic Reforms

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