The Nigerian Export Promotion Council (NEPC) has announced an increase in the country’s non-oil export earnings for 2024, reaching a total of $5.456 billion, representing a 20.77 per cent rise …
Business
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The Nigerian naira appreciated against the U.S. dollar in the parallel market on Friday, closing at N1,610/$1, compared to N1,630/$1 recorded on Thursday. This represents a N20 increase within a …
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BusinessNews
Dangote Sets to Buy 12m Barrels of Crude Oil From United States for Refinery Operations
The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply challenges hindered the …
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Borno State Governor, Professor Babagana Umara Zulum, has called for the strengthening of cross-border trade between Nigeria and the Republic of Cameroon, highlighting its role in fostering greater unity and …
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The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain steadfast in controlling inflation. Nigeria’s inflation rate increased to 34.8 …
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Nigeria’s telecommunications industry faced a tough year in 2023, as operating costs for telecom companies skyrocketed by 50.92%, rising from ₦2.09 trillion in 2022 to ₦3.16 trillion. This sharp increase …
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Governor Ahmad Aliyu of Sokoto State has commiserated with the victims of the unfortunate inferno at the Kara market timber shade that destroyed property worth millions of Naira. The Governor, …
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The Nigerian Shippers’ Council (NSC) has unveiled plans to implement the International Cargo Tracking Note (ICTN) by the second quarter of 2025 under the Federal Ministry of Marine and Blue …
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U.S. President Donald Trump told the World Economic Forum on Thursday that businesses should make their products in the United States if they want to avoid facing a tariff. Appearing …
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The Nigerian Economic Summit Group has revealed that the country has the potential to record 5.5 per cent growth in the Gross Domestic Product on the back of sustained reforms. …