Tag: Economy
Nigerian Manufacturers Face Mounting Challenges Amid Rising Electricity Tariffs
The manufacturing sector in Nigeria is facing significant challenges due to the escalating costs of energy, which have driven up production and logistics costs....
NPCC and NRC Collaborate to Boost Cargo Evacuation
The Nigerian Port Consultative Council (NPCC) and the Nigerian Railway Corporation (NRC) have stepped up efforts to establish a proposed multi-modal transport initiative between...
Net Foreign Exchange Inflows Rise to $27.6 Billion in H1’24
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...
Maritime Tourism Stakeholders Warn of Rising Boat Accidents
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...
Datapro to Host Webinar on Credit Rating and Economic Uncertainties
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...
LCCI Offers Free Entry to 2024 Lagos International Trade Fair
The Lagos Chamber of Commerce and Industry (LCCI) has announced that entry to the 2024 Lagos International Trade Fair (LITF) will be free for...
South Korean Investors to Build Four Refineries in Nigeria
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...
NDDC Enrolls 3.2 Million Youths in Project HOPE
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...
Namibia Offers to Partner with Nigeria on Elephant Conservation
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...
Honda Launches New Motorcycle, ACE 150, for Rural Use
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...
