Business
Business and economic news from Nigeria and around the world.
NRC blames diesel shortage for Abuja- Kaduna train delays on Monday
NRC said the supply of diesel fell short of the specification required to operate its rolling stock.
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Lekki Port to contribute $361bn economic impact in 45 years – ICRC
It is the First Deep Sea Port in Nigeria and Deepest Port in West Africa
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Africa’s GDP growth to hit 4% in 2023 – AfDB
The top five performing African countries before the COVID-19 pandemic are projected to grow by more than 5.5%.
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President Buhari meets with Godwin Emefiele in presidential villa
There are reports that the embattled Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is currently meeting with...
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Nigeria to begin local aircraft assembly, as FEC approves N2.3 billion for Magnus Aircraft
FG says the total contract sum is N2.3 billion with a completion period of 18 months.
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Nigeria’s Free Trade Zones rise to 46, attracted $30 billion in investments – Buhari
Buhari revealed there has been a geometric increase in the number of FTZs from 21 to 46.
Read moreDetailsAfCFTA to boost Nigerian exports by 15% – Buhari
Nigeria’s exports will increase significantly to other African sub-regions, outside West Africa.
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How dredging of Rivers Niger & Benue will boost economic development – Peter Obi
He stated it would be a key task towards dismantling structures restraining economy
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How the 0.5% levy on African imports will escalate expenses for Nigerian Companies
Most equipment, machinery, ICT equipment, and medical equipment are all imported from outside of Africa.
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Finance Bill: Nigeria not ready for increased Tertiary Education Tax – CPPE
CPPE stated that companies are still contending with several macroeconomic, structural, global and regulatory headwinds.
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