Tag: Business
Naira Dips Despite Strong Dollar Sales By Banks, Market Awaits CBN’s...
The Nigerian naira experienced a slight depreciation against the dollar on Tuesday, despite significant dollar sales by banks. Analysts remain cautiously optimistic, anticipating a...
Nigeria Pumps Up Tires: Rubber Industry Revival Eyes Global Market Share...
Nigeria's rubber industry is set for a comeback, powered by government commitment and a major international summit. The Federal Government has vowed to resuscitate...
Debt Dilemma: IMF Hails Nigeria’s Progress, Raises Red Flag Over Global...
The International Monetary Fund (IMF) acknowledges a pause in recent requests for comprehensive debt relief from low-income debtors, including Nigeria. However, a new report...
Lagos Tax Crackdown: Bench Warrants Issued, Companies in Crosshairs!
The Lagos State Internal Revenue Service (LIRS) is flexing its muscle against tax defaulters, with arrest warrants already issued and executed for key executives...
Nigerian Businesses Beg Tinubu for Relief as Inflation Tightens Grip
Nigeria's business community is sounding the alarm as inflation wreaks havoc, with the Abuja Chamber of Commerce and Industries (ACCI) making a desperate plea...
Nigerian Manufacturers Grapple with Perfect Storm of Rising Costs, Weak Demand,...
Nigerian manufacturers are battling a triple threat of soaring operating costs, weak consumer spending, and volatile foreign exchange markets, threatening to stall the sector's...
Africa Goes Online, Poverty Plummets: Internet Fueling Job Growth and Economic...
The World Bank reports a groundbreaking statistic: improved internet access in Nigeria and Tanzania slashed extreme poverty by a staggering 7% over three years!...
Naira Gains Ground Against Dollar in Both Official and Unofficial Markets
The Nigerian Naira enjoyed a positive Friday, gaining ground against the US dollar in both the official and unofficial markets. This welcome News, offers...
Lumiere Group International Drives Clean Energy Future with EcoBoost Enzyme Fuel...
Leading commodity trading and finance company Lumiere Group International has announced the launch of EcoBoost, an enzyme-based fuel treatment designed to revolutionize environmental sustainability...
WTC Abuja Vice President Calls for Innovation to Tackle Economic Challenges
The Vice President of the World Trade Center (WTC) Abuja, Mr Karim Ahmed, has highlighted the need for businesses to adopt innovative solutions to...
