NAFDAC Reduces Licencing Fees to N44, 200
The National Agency for Food and Drug Administration and Control (NAFDAC) has announced a significant reduction in!-->…
Changes in U.S. Electric Vehicle (EV) Tax Credits Impact Multiple Models
The landscape of electric vehicle (EV) tax credits in the United States underwent a significant shift as new!-->…
Euro Zone Likely Entered Recession in 2023 as Factory Activity Contracts
Euro zone factories concluded 2023 with a contraction in activity for the 18th consecutive month, signaling a!-->…
SON Intensifies Fight Against Substandard Goods: A Commitment to Quality
The Standards Organisation of Nigeria (SON) is ramping up efforts in the battle against fake and substandard goods!-->…
Pledge to Boost Agriculture and Trade for Economic Growth- Ekiti State’s…
In a New Year statewide broadcast, Ekiti State Governor, Mr. Biodun Oyebanji, affirmed his administration's!-->…
Niger State Governor Seals TGI’s Partnership Over Food Security
In a significant move to bolster food security and stimulate economic growth, Governor Mohammed Umaru Bago of!-->…
Assessing Nigeria’s Economic Performance in 2023: A Year of Challenges and…
The Nigerian economy faced a challenging year in 2023, marked by a notable decline compared to the previous year.!-->…
Bitcoin Surges Above $45,000 in New Year Rally
Bitcoin made a strong start to the New Year by surpassing $45,000 on Tuesday, marking its highest point since!-->…
BYD Produced 3 Million New Energy Vehicles in 2023, Challenging Tesla’s…
Chinese electric car giant BYD announced on Monday that it produced over 3 million new energy vehicles in 2023,!-->…
Tensions in Red Sea Elevate Oil Prices in Iran
Oil prices surged on Tuesday as Iran deployed a warship to the Red Sea amidst ongoing tensions in this crucial!-->…
Global Regulatory Landscape for Cryptocurrencies in 2023
In 2023, regulators worldwide, including those in Europe and Asia, intensified their efforts to establish formal!-->…
“Tough Time Never Last”- Tinubu Addresses Nigeria’s…
During the New Year address delivered by the president, Bola Ahmed Tinubu, he identified six socio-economic!-->…
Dangote Refinery Recieves Fourth Supply of Crude Oil
To enhance the commencement of Dangote Petroleum Refinery and petrochemicals, NNPC supplied one million barrels of!-->…
Climate Tech: A Beacon of Job Opportunities in 2024
The year 2023 witnessed a wave of layoffs across the tech sector, leaving over 240,000 professionals jobless.!-->…
President Tinubu Signs N28.78 Trillion Budget: Charting Priorities for 2024
On January 1, 2024, President Bola Tinubu signed the N28.78 trillion budget for the year, marking a pivotal!-->…
Nigerian Stock Market Projections for 2024: A Gradual Yet Promising Rally
The Nigerian stock market, which experienced a remarkable 45.90% return in 2023, is poised for continued growth!-->…
Bitcoin Starts 2024 on a High, Surging Past $45,000 Amid ETF Optimism
Bitcoin, the world's largest cryptocurrency, has begun the year 2024 with a remarkable surge, surpassing $45,000!-->…
Nigeria’s Finance Minister, Wale Edun, Outlines Strategy to Reduce Reliance…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has unveiled the government's!-->…
Naira Remains Near Lows on P2P Market as Dollar Inflows Remain Weak
The Nigerian Naira is struggling to gain strength against the US Dollar, particularly on the Peer-to-Peer (P2P)!-->…
Nigeria to Launch Passport Application Automation, Review Immigration Policy
The Minister of Interior, Olubunmi Tunji-Ojo, has announced the commencement of the passport application!-->…
Proparco and 27four Invest R550 Million in Divercity to Expand Affordable Housing…
Proparco, in collaboration with South African investment manager 27four, has led a R550 million investment in!-->…
Saudi Arabia’s Center3 Acquires CMC Networks for Regional Growth
Center3, a wholly owned subsidiary of Saudi Arabia's stc Group, has finalized an agreement to acquire CMC!-->…
Swedfund Invests USD 32 Million in Apis Growth Markets Fund III to Drive…
Swedfund, Sweden's development finance institution, has invested USD 32 million in Apis Growth Markets Fund III.!-->…
Ampersand Raises USD 19.5 Million for Electric Motorcycle Expansion in Africa
Ampersand, Africa's pioneer in electric transport energy, has successfully raised $19.5 million in a funding!-->…
IFC Invests $50 Million in EMIF II Fund to Address Infrastructure Gaps in Asia and…
The International Finance Corporation (IFC), a member of the World Bank Group, has committed a $50 million equity!-->…
2023, A Challenging Year for Businesses- Expert
During an interview with Daily Trust, Adewale-Smatt Oyerinde, the Director General of the Nigeria Employers’!-->…
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!-->…
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!-->…
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 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!-->…