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Commercial Banks Resumes Revising Interest Rates
Commercial banks across Nigeria have begun revising their interest rates. This is coming after the Central Bank of Nigeria, CBN,...
5G and 4G Rollout Improves Foreign Investment
Increased 5G rollout and 4G has improved foreign investments into the telecommunications sector by 325.12 per cent in 2022. The...
Motorcycle Importation Falls to N212.64 billion in 2022
Reports say importation of motorcycles in Nigeria has fallen to N212.64 billion in 2022 representing a 42 per cent decrease...
FG Secures $800m from International Bank for Reconstruction
The Federal Government has secured $800m from the International Bank for Reconstruction and Development to provide post-petroleum subsidy palliatives for...
MAN Commends Federal Government Decision to Halt Excise Duty on Alcohol
The Manufacturers Association of Nigeria, MAN, has commended the Federal Government’s decision to halt the proposed increase in excise duty...
Domestic Air Transport Fares Rises by 66.36 per cent
The domestic air transport fares rose by 66.36 per cent in one year. According the National Bureau of Statistics, in air travel,...
NDE Announces Disbursement of N1.4m Loans to
The National Directorate of Employment, NDE, has announced the disbursement of N1.4m as loans to 74 beneficiaries in the Micro...
Price of Petrol Increases by 54.76 per cent
The National Bureau of Statistics has revealed that the average retail price of a liter of petrol has increased from...
Nigerian Exchange Limited Sanction 16 Companies for Market Infractions
The Nigerian Exchange Limited has sanctioned 16 companies for various market infractions in three years. Specifically, the NGX imposed the...
Petrol Consumption Rises to 80 million liters Daily
Reports say the consumption of petrol, has risen to 80 million liters daily, pushing up subsidy on the commodity to...
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