Net foreign exchange inflows to Nigeria's economy surged by 67.8 percent to $27.6 billion in the first half of 2024 (H1'24), compared to $16.44 billion in the corresponding period of 2023. This growth was driven by a 34.6 percent...
Maritime tourism stakeholders have raised concerns about the increasing number of boat accidents in Nigeria's waterways, warning that it could damage the country's reputation and deter visitors from engaging in water-based activities. During a meeting of boat operators and stakeholders...
Technology-driven credit rating agency, datapro, is set to host the 2024 edition of its International Rating Webinar on Today. The virtual event, themed "Navigating Economic Uncertainties: The Role of Credit Rating Agencies," will take place between 2 pm and...
The Lagos Chamber of Commerce and Industry (LCCI) has announced that entry to the 2024 Lagos International Trade Fair (LITF) will be free for all visitors. The 10-day event is scheduled to take place from November 1-10 at the...
In a bid to showcase Nigerian talent and culture on the global stage, Silverbird, a renowned events organizer, has announced the launch of Mr World Nigeria 2024. This prestigious pageant aims to uncover the ultimate embodiment of male excellence in...
A consortium of investors from South Korea has announced plans to build four 100,000-barrel capacity refineries in various locations across Nigeria. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made this announcement at the maiden edition of a...
The Niger Delta Development Commission (NDDC) has announced the registration of 3.2 million youths for Project HOPE since its first phase was launched on July 4, 2023. The Managing Director of NDDC, Dr Samuel Ogbuku, made this disclosure during the...
The High Commissioner of the Republic of Namibia to Nigeria, Ambassador Humphrey Gieseb, has expressed his country's interest in partnering with Nigeria to grow the country's elephant population. During a virtual panel discussion on harnessing the potentials of tourism for...
apanese automotive giant Honda has launched a new motorcycle, the ACE 150, specifically designed for rugged rural use, particularly for farmers. The motorcycle was unveiled at the Honda factory on Idiroko Road, Ota, Ogun State, before wholesalers and the public. Honda...
Foreign capital importation into Nigeria surged by a significant 152.8 percent year-on-year (YoY) to $2.6 billion in the second quarter of 2024 (Q2'24), according to the National Bureau of Statistics (NBS). This represents a substantial increase from the $1.03...