By our reporter| The current petrol subsidy regime will remain in place until mid-2023, the federal government said on Monday. The Minister of Finance, Zainab Ahmed, who made the disclosure…
Read More Petrol subsidy to remain till after 2023 election – FG
…To employ 30,000 youths in Nasarawa Management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving the…
Read More Dangote to save forex, through 40% sugar import substitution
The naira continued its downward slide on Monday, falling to N702 per dollar at the parallel market. The figure represents N10 or 1.4 percent depreciation compared to the N692 it…
Read More Naira decline persists, crosses N700/$ mark at parallel market
By our reporter| The Central Bank of Nigeria (CBN) on Friday released the sum of $265 million to airlines operating in the country to settle outstanding ticket sales in an…
Read More CBN releases $265m of airlines trapped fund
Nigeria’s gross domestic product (GDP) grew by 3.54 percent year-on-year in real terms in the second quarter of 2022, an improvement from the 3.11 percent growth recorded in the first…
Read More Nigeria’s economy grew 3.54% in Q2 2022 – NBS