International Business Machines (IBM) Corporation, an American multinational technology company, has announced plans to exit Nigeria, Ghana, and other key African markets. According to TechCabal, IBM revealed in a statement that…
Read More IBM exits Nigeria, transfers operations to MIBBCategory: Economy
Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi Arabia
…NESG says FG Must Support Domestic Industries to Achieve a $1 Trillion Economy Dangote Petroleum Refinery recently achieved a significant milestone by successfully exporting two jet fuel cargoes to…
Read More Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi ArabiaTinubu increases 2025 Budget to ₦54.2tn
Our reporter/ President Bola Tinubu has raised the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenues generated by key government agencies. The President conveyed the budget…
Read More Tinubu increases 2025 Budget to ₦54.2tnNaira depreciates by 1.4% amid CBN’s extension of FX sales deadline
The naira depreciated on Monday’s official market, trading N1,495.60 to a dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the naira lost N20.82. This represents…
Read More Naira depreciates by 1.4% amid CBN’s extension of FX sales deadlineNigeria generated $831.14bn from oil & gas in 24 years – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has stated that Nigeria generated over 831.14 billion dollars in revenue from the oil and gas sector between 1999 and 2023. NEITI’s Executive…
Read More Nigeria generated $831.14bn from oil & gas in 24 years – NEITI
