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FG Unveils Trade Information Portal
The Federal Ministry of Industry, Trade and Investment, has launched the Nigeria Trade Information Portal in fulfillment of the World...
Nigeria’s Transportation and Financial Sectors Lead Fast Growing Sectors
Nigeria’s transportation and financial sectors led the list of the fastest-growing sectors in the third quarter of 2022. According to...
Nigeria’s Industrial Sector Reports a GDP Contraction of -8%
Nigeria’s industrial sector shrank to its lowest value as a contribution to GDP in 7 years. Data from the National...
SON Seeks Manufacturers’ Support to Check Substandard Products
The Standards Organization of Nigeria has called for collaboration between stakeholders in industrial and manufacturing business to collaborate with SON...
Nigeria’s GDP Grows by 2.25%
Nigeria’s gross domestic product, GDP, grew by 2.25% year-on-year in Q3 2022, marking the slowest growth since the Covid-19 pandemic. According...
Excess Crude Account Declines by 89 per cent
Nigeria’s excess crude account declined by 89 per cent in the last eight years, moving from $4.1bn in November 2014...
Nigeria Loses $2 billion to Oil Theft
The ad-hoc committee set up by the Senate to investigate oil theft and consequent damage on the nation’s economy said...
36 million Nigerians Lack Access to Financial Services – CBN
The Central Bank of Nigeria has said that about 36 million Nigerians currently have zero access to financial services. The...
Trading at Floor of the Nigerian Exchange Gains N145billion
Trading activities on the floor of the Nigerian Exchange closed the day with a gain of N145 billion. The All...
CBN Increases Interest rate to 16.5%
The Central Bank of Nigeria has raised its benchmark lending rate to 16.5 per cent in a sustained push to...
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