Again, Nigerian Manufacturers Groan as Economic Indicators Falter
They said they’re affected by the exorbitant new premium rate for motor insurance and the abrupt subsidy removal which significantly worsened sales.
NGX Index Hits 15-Year High as Nigeria’s Stock Market Soars
This performance was in part, attributed to a surge in banking stocks as investors strategically positioned themselves.
IFC Invites Female Entrepreneurs to Apply for 5,000 Startups Programme in Africa
The IFC also gave $208 million to partners in 12 countries to empower small businesses.
Governor Mbah To Unveil $2.1bn Project Pipeline as Enugu Holds Inaugural Investment Roundtable
He is also scheduled to launch the Enugu State Integrated Sector-Based Productivity Growth Strategy.
Lagos, Enugu Governors Jostle for Investors at LCCI’s Invest Nigeria Expo 2023
Lag8d Governor Sanwo-Olu said the state is committed to being Nigeria’s preferred investment destination.
Elumelu Hails Tinubu’s Economic Reforms, Holds Private Meeting with President
He urged Nigerians to be more patient with the President and the ongoing process.
Wale Edun: Nigeria Not In A Position To Borrow, Emphasis Should Be On Building A Macro-Economic Environment
He also said that Tinubu inherited a bad economy, but he has promised to fix it.
Falana: It’s Not For Market Forces, IMF, World Bank To Fix Forex Rate
The SAN instructed the NBA to pay rapt attention to turnaround of refineries and its budgetary allocation.
Chevron Australian Workers Prepare For Strike
“In the very unlikely event of a prolonged large scale supply disruption, prices could head back towards crisis levels witnessed last year after Russia’s invasion of Ukraine.”
Oil Theft: Nigerian Government Lauds Private Security Firm Protecting Pipelines From Vandals
Nuhu Ribadu said the FG will continue to partner with Tantina to curb vandalism.
Acting CBN Governor, Deputy, Dragged To Court Over Alleged Refusal To Declare Assets
The Chairman of the CCB was also included in the suit.
Presidency Sources: NNPC Followed Due Process In $3bn AfreximBank Loan
“Everything was done to ensure that the future of Nigeria was not mortgaged,” a source said.
Saving Elephants in Omo Forest – Go Wild
ARISE Environment Correspondent Laila Johnson-Salami looks into threats elephants are facing in Omo forest
Tinubu: Nigeria Cannot Continue To Service External Debt With 90% of Its Scarce Resources
He promised world class renumeration for judicial officers and said poverty eradication and investment for wealth creation rest on justice reform.
Nigeria’s GDP Growth Slows to 2.51% Amid Economic Crisis
According to the NBS, real GDP was estimated at N17.72 trillion in Q2, lower than N17.75 trillion in Q1 but higher than N17.28 trillion in Q2 2022.
4.1% Unemployment Rate: Official Data Not Always Enough To Make Informed Decision, Says Okey Ikechukwu
“It is a change of methodology as distinct from a clear government intervention that led to a reduction in jobs.”
Adeniran: New 4.1% Unemployment Rate Based On New Methodology, Not Economic Phenomenon
The NBS CEO stated said persons above the age of 64 will now be considered in the labour force.
Tinubu Urges Host Communities’ Engagement as NLNG Lists Vandalism, Multiple Taxation as Challenges
Tinubu affirmed the importance of gas not just as a transition fuel but also as the fuel for the future and sai gas sector would get priority attention in his administration.
LIRS Pledges To Continue to Use Technology, Advocacy to Shore Up Lagos Revenue
Subair noted that the use of technology helped the agency in optimising its operations while also enhancing revenue generation for the state.
Analysts Kick as Nigeria’s Revised Methodology Puts Unemployment Rate at 4.1%
Analysts faulting the methodology, argued that it could mislead the governments, policymakers and other users of the NBS figures.
