NUPENG Trustee Highlights Reasons for Persistent Fuel Scarcity in Nigeria
Fuel scarcity in Nigeria may persist due to several factors including non-functional refineries, instability in the naira-to-dollar exchange rate, overreliance...
Business
Naira’s Rebound: ABCON Credits It to CBN’s Dual Approach of Dollar Liquidity Injection and Naira Mopping
The Naira's recent strength against the US Dollar is attributed to the Central Bank of Nigeria's (CBN) measures to increase...
Investors Eager to Invest $15.5 Billion in Abidjan-Lagos Highway, Says AfDB President
Dr. Akinwumi Adesina, the President of the African Development Bank (AfDB), has announced that the Abidjan-Lagos highway corridor has attracted...
Chinese-Government Sponsored Agricultural Training Benefits 400 Nigerian Officials
The Chinese Government initiative Green Agriculture West Africa Limited has provided agricultural technical training programmes for over 400 Nigerian government...
Nigeria Considers Importing Crude Oil to Fuel Kaduna Refinery Amid Production Challenges
The Nigerian National Petroleum Company Limited (NNPCL) is considering importing 110,000 barrels of crude oil per day from Venezuela or...
Soaring Diesel Price Threatens Industries and Households
The price of diesel in Nigeria has surged significantly, causing concern among various sectors, particularly manufacturers and transportation companies. In...
Government Promises Level Playing Field for CNG Adoption, No Monopoly Allowed
The Federal Government of Nigeria has expressed its commitment to ensuring that there is no monopoly or concentration of power...
FAO Predicts Food Crisis in Borno, Sokoto, Zamfara, and FCT
The Food and Agriculture Organisation (FAO) has raised concerns over a potential food crisis in Nigeria, affecting at least 26.5...
Naira’s Dramatic Turnaround: Surges Below N900 to $1 on P2P Exchanges
In a surprising turn of events, the Nigerian Naira has made a strong comeback against the US dollar, sending shockwaves...
Zimbabwe Generates $209 Million from Lithium Exports, Aids Economic Recovery
Zimbabwe has witnessed a surge in income from lithium exports, generating approximately $209 million in revenue over nine months, according...
