Tag: Economy
Stakeholders Call for Increased Technology Adoption in Nigeria’s Construction Industry
Stakeholders in the construction industry have identified the poor adoption of modern technologies by professionals as a significant factor hindering the sector's growth.
According to...
Nigeria’s Export Surge Boosts Foreign Exchange Reserves
Nigeria's export to key trading partners experienced a remarkable surge in the second quarter of 2024, bolstering the nation's foreign exchange reserves. According to...
Flour Mills of Nigeria Seeks to Acquire Minority Shareholders
Flour Mills of Nigeria Plc (FMN) has received approval from the Securities and Exchange Commission and the Nigerian Exchange Limited to proceed with a...
NMRC Secures $228 Million to Boost Affordable Housing in Nigeria
The Nigeria Mortgage Refinance Company Plc (NMRC) has secured $228 million in funding to address the country's housing deficit and promote economic growth and...
Nigeria Secures $600,000 Relief Fund from Bill & Melinda Gates Foundation
The Nigerian government has secured a $600,000 relief fund and commitments from the Bill & Melinda Gates Foundation to support flood relief efforts and...
ExxonMobil Commits $10 Billion to Nigeria’s Deep-Water Oil Operations
Vice President Kashim Shettima has warmly welcomed ExxonMobil's proposed $10 billion investment in Nigeria's deep-water oil operations, hailing it as a significant endorsement of...
Shattering the Glass Ceiling: Awosika Urges Female Accountants to Aim High
Ibukunoluwa Awosika, the former Chairperson of FirstBank, has delivered a powerful message to female accountants, urging them to challenge the status quo and strive...
UK’s PERL Program Leaves a Lasting Legacy in Nigeria
The United Kingdom-funded Partnership to Engage, Reform, and Learn (PERL) program, which concluded after eight years of implementation, has been commended for its significant...
Nigerian Airfares Surge Dramatically in August, Outpacing Other Transport Costs
The National Bureau of Statistics (NBS) has released a report highlighting a significant surge in airfare prices within the country. In August 2024,...
Federal Government Warns MDAs Against Budget Padding, Emphasizes Mandate Adherence
The Federal Government has commenced preparations for the 2025 national budget, issuing a stern warning to ministries, departments, and agencies (MDAs) to adhere strictly...
