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Business and Economy

JUST IN: FG Launches National Broadband Alliance to Expand Internet Access

By Abigail Philip David The Federal Government has introduced the National Broadband Alliance (NBAN), a new initiative designed to enhance digital infrastructure and improve...

ADVAN Calls for Independent Governing Council in Advertising Industry

By  Milcah  Tanimu The Advertisers Association of Nigeria (ADVAN) has raised concerns over the absence of a governing council for the advertising profession. It argues...

NECA Praises CBN for Launching FX Code, Calls for Effective Implementation

By  Milcah  Tanimu The Nigeria Employers’ Consultative Association (NECA) has praised the Central Bank of Nigeria (CBN) for launching the Nigerian Foreign Exchange (FX) Code,...

Electronic Transactions in Nigeria Hit N1.08 Quadrillion in 2024, Cashless Economy Accelerates

By  Milcah   Tanimu In 2024, Nigeria’s electronic transactions soared to an all-time high of N1.08 quadrillion, representing a remarkable 79% increase from the previous year....

FG Unveils $23bn Plan to Tackle Nigeria’s Power Crisis

By Abigail Philip David The Federal Government has launched an ambitious $23.2 billion energy access programme aimed at addressing Nigeria’s chronic electricity challenges and...

Imported Food Prices Surge by 37.65% in 2024

By Abigail Philip David The cost of imported food in Nigeria has skyrocketed, increasing by 37.65% between January and December 2024, according to the...

Chinese Firms Will Continue to Support Nigeria’s Economic Development, Says CGCCN DG

Michael Onjewu, Abuja Dr Tristan Cui, Director-General of the China General Chamber of Commerce in Nigeria (CGCCN), has reiterated China’s commitment to supporting Nigeria’s economic...

Nigeria’s Real Estate Market to Hit $2.25 Trillion by 2025 – FG

By  Milcah  Tanimu Nigeria’s real estate sector is set for massive growth, with projections estimating a market volume of $2.25 trillion by 2025, according to...

Marketers May Abandon Dangote Fuel as Imported Petrol Drops to N922/Litre

By Abigail Philip David Oil marketers in Nigeria are considering turning to imported Premium Motor Spirit (PMS) as its landing cost dropped to N922.65...

Top 5 Challenges Facing Nigeria’s Manufacturing Sector in 2025

By  Milcah  Tanimu The Nigerian manufacturing sector is struggling due to high interest rates, persistent inflation, and other significant challenges. According to PwC's 2025 Budget...

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