Dangote Refinery Receives Maiden Crude Cargo
In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals...
Monday, December 11, 2023
Lead-In
CBN Raises Alarm Over Fake Naira Notes In Circulation
The Central Bank of Nigeria (CBN) has issued a stern warning concerning the increasing prevalence of counterfeit Naira notes, particularly...
‘EU CBAM Poses $25bn Annual Loss Risk For Africa’s Trade’
President of the African Development Bank (AfDB), Akinwumi Adesina, has expressed serious concerns about the impact of the European Union’s...
Nigeria Secures $150m Battery Manufacturing Deal With Chinese Investors
In a significant development, the Rural Electrification Agency (REA) and the National Agency for Science and Engineering Infrastructure (NASENI) have...
Nigeria’s Pharmaceutical Imports Surge To N81.81bn In Q3
Between July and September 2023, pharmaceutical imports into Nigeria reached a substantial N81.81 billion, marking a notable 68 per cent...
Will Banks Become Tech Companies To Survive Fintech Challenges?
Your needs have not changed. However, the shape and form of your banker have remained the same. Your banker either...
28m Housing Deficit: 75% Surge In Building Materials’ Costs Compounds Housing Shortage
In a disconcerting turn of events, the construction landscape in Nigeria is grappling with a formidable challenge – a staggering...
Excessive Debt Repayment Can Hurt Nigeria’s Economy – Experts
An economist, Prof. Akpan Ekpo, has cautioned the federal government against using a significant portion of the 2024 budget on...
AfDB Reviews Nigeria, Others’ Economic Forecast For 2024
The African Development Bank (AfDB) has reviewed downward its short- to medium-term macroeconomic forecast for Africa for 2023 and 2024....
80% Rise In Food Importation Alarming – FG
The federal government said there is an alarming surge of over 80 per cent in food importation between 2019 and...
