With the report that manufacturers’ employment rate will fall below benchmark points to 48.8 points in the first quarter of 2023, there are tendencies that more...
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that it spends over N400bn every month on subsidizing Premium Motor Spirit (PMS), popularly called petrol. This...
The African Continental Free Trade Area (AfCFTA) has the potential to transform the African continent by connecting 54 countries with a combined population of 1.3 billion...
The installation of Electronic Cargo Tracking Notes for seaports across Nigeria, was on Wednesday signed by the Federal Executive Council (FEC). According to FEC, the cargo...
The NBS attributed the rise in inflation to disruptions in the supply of food products, increased import costs due to the naira's depreciation, and a general...
Nigeria has recorded a total of $50 billion loss in its shipping services to international ship companies from 2015 to 2022. This was disclosed by a...
The value of raw material imports in the third quarter of 2022 was N649.21 billion, a 23.9 percent year-on-year increase.
The Federal Government's revenue projection for 2023 shows that 82% of its revenue will be used to pay interest on its debt, an improvement from 96.3%...
The cost of basic food items required for survival by an average Nigerian family rose by 17.5 percent to N48,130 in January 2023 from N40,980 in...
According to the General Coordinator of the South-West region of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Ayo Kadoso, a total of 1.3 billion litres...