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Business and Economy
“Manufacturers Association of Nigeria Reports 3,567 Job Losses and N272 Billion in Unsold Goods”
By Milcah TanimuAccording to the half-yearly review of the economy released by the Manufacturers Association of Nigeria (MAN) on September 27, 2023, the manufacturing...
OPGAN to partner C’River for Africa’s largest oil palm project
By Ogenyi OgenyiThe Oil Palm Growers Association of Nigeria,OPGAN has said it would collaborate with the Cross River State Government to create the largest...
Manufacturers Association of Nigeria Reports Loss of 3,567 Jobs and Unsold Goods Valued at N272 Billion
By Daniel EduIn the first half of 2023, the manufacturing sector experienced a significant setback, with the loss of 3,567 jobs, according to data...
“Sabotage Strikes: 108 Transmission Towers Ravaged by Vandals”
By Daniel Edu
Data from the Transmission Company of Nigeria (TCN) has revealed that a total of 108 power transmission towers were vandalized in various...
“Each Nigerian’s Debt Burden Reaches N396,376.19 as Public Debt Soars”
By Milcah TanimuA recent analysis of Nigeria's public debt stock, conducted by the National Bureau of Statistics, has revealed that each Nigerian citizen now...
NCC committed to develop AI technologies in Nigeria- Danbatta
By Joyce Remi-BabayejuThe Executive Vice Chairman, ECC, of the Nigerian Communications Commission, NCC, Prof. Umar Garba Danbatta has stated that the Commission will...
The Naira plunges to 980 per US dollar, exacerbating the foreign exchange shortage
The Nigerian Naira's decline persisted as it reached a rate of 980 Naira per US dollar in the parallel market on Wednesday, marking a...
As of September 20, 2023, the black market (parallel market) exchange rate for the US Dollar (USD) to the Nigerian Naira (NGN) is as...
By Daniel Edu- Buying Rate: N965 NGN
- Selling Rate: N970 NGNPlease be aware that these rates are specific to the Lagos Parallel Market (Black...
“U.S. Government Commits to Boost Nigeria’s Economy through Investments”
By Milcah TanimuThe U.S. Deputy Treasury Secretary, Wally Adeyemo, has announced the U.S. government's intention to invest in various enterprises, both small and large,...
Nigeria’s Crude Oil Production Declines from 2.5 to 1.1 Million Barrels Per Day
By Milcah TanimuRecent data from Statista reveals a significant decline in Nigeria's crude oil production over the past 23 years. At its peak, Nigeria...
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