Nigeria Economy

Nigeria’s commodity import increases 0.51% in Q1 2024

Business Affairs June 26, 2024 0

Omeiza Bilal The National Bureau of Statistics has said that the All-Commodity Group Import Index for the first quarter of...

AGIS ignites urgent need for innovation in Africa’s energy landscape

Business Affairs June 26, 2024 0

The Africa Gas Innovation Summit (AGIS) 2024 has emphasized the urgent need for innovation in Africa’s energy landscape. With new players...

Despite tariff increase, DisCos collect N291bn as revenue in Q1 2024

Business Affairs June 26, 2024 0

Omeiza Bilal Revenue collection by electricity Distribution Companies increased to N291.62 billion in the first quarter of 2024 from N294.95 billion...

AFD facilitates 4.1bn Euros investments in Nigeria in 15yrs

Business Affairs June 26, 2024 0

The Agence Française de Développement (AFD) Group, a public financial institution that implements the policy defined by the French Government,...

FG unveils central revenue system to enhance transparency, accountability

Business Affairs June 24, 2024 0

Efe Tega In its avowed determination to ensure enhanced financial transparency, accountability, and prudent revenue management, the Federal Government has conveyed...

FEMD warns of ‘possible flooding’ in FCT

Business Affairs June 24, 2024 0

Omeiza Bilal The FCT Emergency Management Department (FEMD), has placed its vanguards and the local emergency management committees in...

SIM sards used in Nigeria 100% locally manufactured – NCC

Business Affairs June 24, 2024 0

The Nigerian Communications Commission, NCC, has disclosed that SIM cards used in the country were manufactured locally.This was revealed by...

Dangote Refinery accuses IOCs, NMDPRA, of sabotage

Business Affairs June 23, 2024 0

The Vice President, Oil and Gas, at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of...