Tag: Economy
Fuel Price Surge to Deal Blow to Nigeria’s Manufacturing Sector
The Manufacturers Association of Nigeria (MAN) has raised concerns about the significant impact of the recent fuel price hike on the country's manufacturing sector....
NIMC Reassures Nigerians on NIN-SIM Linkage Despite Subscriber Concerns
The National Identity Management Commission (NIMC) has reiterated its readiness for the NIN-SIM linkage deadline of September 14, 2024, despite concerns raised by subscribers...
Nigeria Imposes Heavy Fines and Jail Terms for Battery Control Violations
The Federal Government has introduced stringent penalties for individuals and organizations that violate the National Environmental (Battery Control) Regulations in Nigeria. Offenders could face...
Schneider Electric Expands Operations in Nigeria, Reinforces Commitment to Sustainable Energy
Schneider Electric, a leading global provider of energy management and automation solutions, has further solidified its commitment to Africa's economic growth by opening a...
Lagos State to Tighten Oversight on Agricultural Investments to Ensure Accountability
The Lagos State Commissioner for Agriculture, Abisola Olusanya, has announced plans to implement stringent monitoring of agricultural investments to track state support and hold...
Nigeria’s Economy Rebounds: PMI Records First Expansion in 13 Months
The latest Purchasing Managers' Index (PMI) released by the Central Bank of Nigeria (CBN) has indicated a positive shift in the country's economic activities....
BoI Rallies Behind Resilient Local Companies Amid Global Economic Downturn
The Bank of Industry (BoI) has reaffirmed its commitment to supporting local companies that have continued to invest in Nigeria despite the challenges posed...
GSMA Urges Nigeria to Reduce Telecom Taxes to Boost Digital Economy
The Global System for Mobile Communications Association (GSMA) has urged the Nigerian government to reduce telecom taxes to stimulate investments, boost the country's digital...
Belemaoil Appoints Seasoned Executives to Spearhead Growth
Indigenous oil firm, Belemaoil Producing Limited, has appointed Ahmadu Sambo as its new Managing Director/Chief Executive Officer (MD/CEO) and Emmanuel Onos as its Chief...
NIN-SIM Linkage Deadline Looms: Subscribers Express Frustration Over Portal Challenges
As the September 15 deadline for linking National Identification Number (NIN) to Subscriber Identification Module (SIM) cards approaches, subscribers are expressing growing frustration over...
