Business Climate and Economy

‘Lagos Households, Businesses Use 15.6bn Litres Of Fuel Annually’
October 17, 2024

Businesses and households in Lagos consume a total of 15.6 billion litres of petrol annually, according...

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World Bank Retains Nigeria’s 2024 Growth Forecast At 3.3%
October 17, 2024

The World Bank has maintained its 2024 growth forecast for Nigeria at 3.3 per cent, the...

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NIMC’s multipurpose card could bring 30 million Nigerians into financial system – Ebehijie Momoh
October 17, 2024

The Managing Director of AfriGo, Ebehijie Momoh, has said that the recently announced multipurpose card by...

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Nigeria’s healthcare sector growing but inadequate on stock exchange – Ugodre
October 17, 2024

Nigeria’s healthcare sector, though growing steadily, remains significantly inadequate in the broader economy, according to financial...

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Foreign investments in Nigeria’s telecom sector peak at $304 million in half-year 2024
October 17, 2024

The Nigerian telecom sector has seen an improvement in foreign direct investments this year as it...

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Nigerian crude sells for $81 a barrel despite worries about the world’s biggest crude oil importer
October 17, 2024

Nigerian crude traded at a premium, above $80 a barrel, despite moderation in China’s inflation rate...

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Deployed PoS terminals across Nigeria hit 3.04 million in July 2024 – NIBSS
October 17, 2024

The number of Point of Sales (PoS) machines deployed by merchants and individuals across Nigeria rose...

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Foreign capital from BRICS countries into Nigeria rises by 189% in six months
October 17, 2024

Nigeria’s foreign capital inflows from BRICS nations have surged by 189% in the first half of...

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Pilot shortage looms, aircraft owners warn
October 17, 2024

The Federal Government of Nigeria has generated $63.2 million in revenue from the Electronic Money Transfer...

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Pilot shortage looms, aircraft owners warn
October 17, 2024

The President of the Aircraft Owners and Pilots Association of Nigeria, Dr Alex Nwuba, has raised...

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Nigeria needs $100bn annually for infrastructure financing – FCMB
October 17, 2024

The Managing Director of First City Monument Bank, Yemisi Edun, has revealed that Nigeria requires an...

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Non-Oil Export: FG Generates $600m From Lilypond Terminal
October 17, 2024

Following the Federal Government’s creation of the Lily Pond Export Command for exports of locally manufactured...

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