Business

Nigeria losing $520m of its external reserves in five weeks offers a picture too grim

Nigeria losing $520m of its external reserves in five weeks offers a picture too grim

By Precious Iyanuoluwa The Central Bank of Nigeria, at a recent Lagos-held Chartered Institute of Bankers dinner has confirmed fears…
What is driving manufacturers to leave Nigeria with their jobs?

What is driving manufacturers to leave Nigeria with their jobs?

Nigeria, under a new handler, wants to improve its macroeconomic realities to ensure that its citizens enjoy a good quality…
NCDMB’s local content roadmap beats target by reaching 83% completion in 2023

NCDMB’s local content roadmap beats target by reaching 83% completion in 2023

In 2017, the Nigerian Content Development and Monitoring Board (NCDMB) launched a strategic roadmap that had the goal of increasing…
Will drinks go around for this Christmas holiday bonding?

Will drinks go around for this Christmas holiday bonding?

Since COVID entered into Nigerian lives rounding up 2021 first quarter, living standards started to deteriorate to the grave situation…
How a $1 trillion Nigerian economy will come about

How a $1 trillion Nigerian economy will come about

To bring a $1 trillion Nigerian economy to life is to begin what can be considered unprecedented although it is…
Yenagoa hosting key oil industry stakeholders for 2023 Practical Nigerian Content Forum

Yenagoa hosting key oil industry stakeholders for 2023 Practical Nigerian Content Forum

This is why government officials and oil industry personalities on 4 December, are gathering at the 17-storey Nigerian Content Tower…
By 2024 will likely see petrol prices dropping significantly thanks to fixing old refineries

By 2024 will likely see petrol prices dropping significantly thanks to fixing old refineries

If the meeting that happened between Mr Mele Kyari the Group Chief Officer of the Nigerian National Petroleum Company Limited…
Nigeria kicks off its Startup Act via a portal asking innovators and tech hubs to come in

Nigeria kicks off its Startup Act via a portal asking innovators and tech hubs to come in

One vital box needed to be checked first before the Nigeria Startup Act of 2022 could fully come alive, that…
Old Naira notes remain acceptable even beyond the Supreme Court’s December 31 deadline

Old Naira notes remain acceptable even beyond the Supreme Court’s December 31 deadline

Earlier in the year, particularly approaching the 2023 General Elections that took place in February and March, Nigerians had to…
Wabote asks for higher crude oil and gas output to avert needless imports to run refineries

Wabote asks for higher crude oil and gas output to avert needless imports to run refineries

Concerted efforts are needed if Nigeria is to increase its current low crude oil output, Engr. Simbi Kesiye Wabote the…
What the e-marketplace brings to Nigeria with the Train-7 gas project gaining speed

What the e-marketplace brings to Nigeria with the Train-7 gas project gaining speed

Already, up to 8,300 Nigerians of diverse skill sets have been engaged in the current construction of the US$ 5…
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