2023, A Challenging Year for Businesses- Expert
During an interview with Daily Trust, Adewale-Smatt Oyerinde, the Director General of the Nigeria Employers’ Consultative Association (NECA), highlighted the…
Day: December 29, 2023
NIMASA Urges Shipowners to Unite for Accessing $360 Million Fund
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has called on indigenous shipowners…
Cement Prices to Drop at N3500 in 2024- BUA Chairman
BUA Chairman Abdul-Samad Rabiu recently reaffirmed his commitment to selling a bag of cement at N3500 in 2024, as promised…
Impact of Naira Devaluation: Winners and Losers Among Nigerian Companies
The liberalization of Nigeria’s foreign exchange regime in 2023, resulting in a significant devaluation of the Naira, has created a…
Naira Hits Low Against Dollar: Implications for the Nigerian Economy
The Naira reached a historic low of N1,043.09 per dollar on Wednesday due to robust demand for the greenback amidst…
Demand Amid UK’s Cost of Living
Dame Clare Moriarty, CEO of Citizens Advice, emphasized the worsening situation in UK as many individuals demand assistance in accessing…
Rail Fares to Rise by 4.9% in England
Rail fares in England are set to rise by 4.9% in March, following the government’s decision to tackle the planned…
Nigeria’s Struggle to Diversify Economy Despite Pledges
Despite governmental assurances to diversify Nigeria’s economy away from overreliance on oil exports, recent data reveals the nation remains heavily…
Dashed Hopes in Aviation for 2023- Mr Fortune Idu
The Chief Executive Officer of FCI International, Mr. Fortune Idu, characterizes the year 2023 in aviation as one of dashed…
Naira to Dollar Exchange Rate will Improve in 2024- FG
Ben Akabueze, the director-general of Nigeria’s budget office, recently expressed optimism about the Naira gaining strength in the foreign exchange…