Business Scene
Nigeria’s unemployment slows to 4.3% in Q2 2024
The National Bureau of Statistics (NBS) has revealed that Nigeria’s unemployment rate slowed to 4.3 per cent in the second...
Nigeria’s oil production dropped to 1.53m bdp in October — NUPRC
The latest monthly oil production status report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shown that Nigeria’s crude...
Entrepreneurs seek creation of railway corridor connecting ECOWAS countries
Micro, Small and Medium Enterprises (MSMEs) under the aegis of ECOWAS Small Business Coalition (ESBC), have proposed the creation of...
FG assures Nigerians of adequate promotion of low sulphur, CNG
The Federal Government has assured Nigerians and all key stakeholders of adequate promotion of Low Sulphur Fuels and Compressed Natural...
Dangote refinery cuts petrol price from N990 to N970 for marketers
The Dangote Petroleum Refinery has announced a reduction in the price of petrol from N990 to N970 per litre for...
Nigeria, Brazil sign MoU to boost agribusiness in 774 LGs
The Federal Ministry of Agriculture and Food Security (FMAFS) and Fundação Getulio Vargas (FGV) of Brazil, have signed a Memorandum...
Selloffs: Equity market closes with N99bn loss
The domestic bourse extended its bearish trend on Friday, closing the week with a N99 billion loss. Selloffs in Tier-one...
Nigerians to pay for national ID card — FG
The National Identity Management Commission (NIMC) has announced that going forward, Nigerians will have to pay for the new multipurpose...
$2.2 billion loan: LCCI warns of sustainability challenges
The Lagos Chamber of Commerce and Industry (LCCI) has warned that the $2.2 billion fresh loan sought by the federal...
65% of Nigerian families can’t afford healthy meals — NBS
Dats from the National Bureau of Statistics (NBS) has revealed that 65 per cent of Nigerians are unable to afford...