Intra-City Bus Fares in Nigeria Decline for Second Consecutive Month Despite Rising Fuel Costs
Despite the increasing pump prices of petrol and diesel in Nigeria, intra-city bus fares dropped for the second consecutive month…
Day: December 28, 2023
Consumer Loans in Nigeria Reach Four-Year High Amidst Rising Inflation
The demand for bank loans by consumers in Nigeria has surged to its highest level in almost four years, reaching…
Nigeria’s Water Infrastructure: NPA and Apapa LCDA Collaborate for Sustainable Supply
The Nigerian Ports Authority (NPA) has joined forces with the Apapa Local Development Council Area (LCDA) in Lagos to address…
Development Bank of Nigeria Clinches $400,000 Award for Sustainable Development Initiatives
The Development Bank of Nigeria (DBN) has achieved a significant milestone by winning the prestigious 2022 Arab Gulf Programme for…
World Bank Predicts Worsening Insecurity and Economic Hardship in Six Nigerian States
The World Bank has issued a concerning prediction, indicating that persistent insecurity, armed conflict, and deteriorating livelihoods will continue to…
Nigerian Banking Stocks Maintain Positive Trend Amidst Market Dip
On the first trading day post-Christmas, the Nigerian Exchange Limited witnessed a decline of N139 billion in market capitalization. Despite…
The Impact of High Import Duty on Vehicle Seizures in Nigeria
The Nigeria Customs Service (NCS) has seized 533 units of vehicles with a duty paid value of N2.92 billion between…
Unlocking Cross-Border Gas Opportunities – Nigeria’s Riverside LNG Eyes Supply Deal with South Africa
In a strategic move to tap into emerging opportunities in the gas market, Nigeria-based gas production firm, Riverside LNG, is…
World Bank Disburses $1.45 Billion to Nigeria from States Fiscal Transparency Program”
In a significant financial development, the World Bank has announced the disbursement of $1.45 billion to Nigeria as part of…