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Day: October 28, 2024

43% Of Global Population Lack Mobile Internet Access
BusinessEconomicLocal

43% Of Global Population Lack Mobile Internet Access

A new report by the GSMA reveals that 43% of the global population 3.45 billion people still do not use…

byEkeminiOctober 28, 2024October 28, 2024
High Costs and Policy Shifts Force Northern Rice Mills to Shut Down Amid Rising Food Prices
BusinessEconomicLocal

High Costs and Policy Shifts Force Northern Rice Mills to Shut Down Amid Rising Food Prices

Rice mills in northern Nigeria are shutting down due to soaring production costs, including skyrocketing diesel prices and high electricity…

byEkeminiOctober 28, 2024October 28, 2024
Nigeria Faces N36 Trillion Annual Loss Due to Untitled Lands
BusinessLocal

Nigeria Faces N36 Trillion Annual Loss Due to Untitled Lands

Operators in Nigeria’s built environment estimate that the country loses approximately N36 trillion annually due to untitled lands. With only…

byEkeminiOctober 28, 2024October 28, 2024
NDIC should ensure maximum value from Heritage Bank’s assets  
BusinessLocal

NDIC should ensure maximum value from Heritage Bank’s assets  

The Nigerian Senate has directed the Nigeria Deposit Insurance Corporation (NDIC) to maximize the value of remaining assets from the…

byEkeminiOctober 28, 2024October 28, 2024
Customs ushers in new leadership with the latest appointments
BusinessLocal

Customs ushers in new leadership with the latest appointments

As the Nigeria Customs Service (NCS) marks the retirement of several senior officials, Comptroller General Adewale Adeniyi has introduced a…

byEkeminiOctober 28, 2024October 28, 2024
Dangote Backs Tinubu’s CNG Drive, Invests Over $280m In Trucks, Infrastructure
BusinessEconomicEnergyFinanceLocal

Dangote Backs Tinubu’s CNG Drive, Invests Over $280m In Trucks, Infrastructure

Dangote Cement Plc has invested over $280 million in compressed natural gas (CNG) technology, making it the largest operator of…

byEkeminiOctober 28, 2024October 28, 2024
IMF SEES MAJOR MANUFACTURING SHIFT TOWARDS INDIA AND CHINA
BusinessEconomicFinance

IMF SEES MAJOR MANUFACTURING SHIFT TOWARDS INDIA AND CHINA

The latest International Monetary Fund (IMF) World Economic Outlook report underscores a global shift in manufacturing from advanced economies to…

byEkeminiOctober 28, 2024October 28, 2024
NLC slams IMF for fuel subsidy removal denial
BusinessEnergyLocal

NLC slams IMF for fuel subsidy removal denial

The Nigeria Labour Congress (NLC) has criticized the International Monetary Fund (IMF) for denying responsibility in Nigeria’s recent removal of…

byEkeminiOctober 28, 2024October 28, 2024

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