Business
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Reps push for special levy to curb finished goods importation
The House of Representatives Committee on Power has proposed the introduction of special levies to discourage the importation of finished…
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Nigeria loses $56bn to malnutrition annually — FG
The Federal government says Nigeria loses about $56 billion annually to malnutrition. Minister of Budget and Economic Planning, Sen. Abubakar…
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Bitcoin slumps amid US tariff threats, crypto scandals
Bitcoin and its cryptocurrency peers have slumped in value over recent days as tariff threats from US President Donald Trump…
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Top 10 countries in Africa with highest number of seaports and trade terminals
Africa seaports are vital hubs for trade, driving economic growth across countries on the continent. Despite handling just 2.7% of…
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South Africa plans to send team to US to settle deal
South Africa wants to find agreement with the new US government on diplomatic, trade and other issues, President Cyril Ramaphosa…
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Again, Dangote Refinery slashes petrol price to N860/litre in Lagos
For the second time in February, Dangote Petroleum Refinery has reduced the ex-depot price of premium motor spirit (petrol), cutting…
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Stock market records N20.19bn net foreign investment outflow
The stock market recorded N20.19 billion net foreign investment outflow in January indicating risk of liquidity crunch in the market. Vanguard’s…
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Nigeria records 3.4% GDP growth in 2024 — NBS
Nigeria’s Gross Domestic Product (GDP) grew by 3.4 percent in 2024 representing a 0.66 percentage point year-on-year( YoY) growth when compared…
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MAN backs proposed reform of free trade zone operations
The Manufacturers Association of Nigeria (MAN) has expressed support for the proposed reform of the operations of free trade zones (FTZs)…
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NNPC signs joint venture shipping deal with Stena, Caverton
NNPC Limited yesterday disclosed that its subsidiary, NNPC Shipping has signed a joint venture agreement with Stena Bulk, and Caverton Marine…
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