BUSINESS

Chairman, Zinox Technologies Limited, Leo Stan Ekeh, has called on President Bola Ahmed Tinubu to aggressively pursue policies that will promote patronage of indigenous manufacturers and service providers as a way of re-flating the Nigerian […]

The Nigeria Export Processing Zones Authority (NEPZA) and the Cross River State Government have agreed to work out a realistic modality to revive the moribund Tinapa Free Trade Zone (FTZ) owned by the state.The agreement […]

The Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, has revealed that Indian investors were prepared to inject $14bn into Nigeria’s economy.In a statement on Wednesday, Uzoka-Anite commended the efforts of both countries in concluding […]

•Huge cash in circulation causing naira depreciation, says IMF The Nigeria National Petroleum Corporation Limited and the Ministry of Finance have agreed to remit all their dollar revenues to the Central Bank of Nigeria, CBN, to boost […]

Shipowners have partnered with the Nigerian National Petroluem Corporation Limited to boost ship acquisition in the country.This was contained in a statement on Tuesday after a meeting between the shipowners and NNPCL in Lagos hosted […]

The nationwide power supply shortage in Nigeria is due to a lack of gas, hotline magazines has learnt.Our correspondent gathered that the various gas-fired grids in the country were not getting enough gas supply, leading to low […]

The Nigerian Railway Corporation generated a total sum of N4.19 billion as revenue earned from sales of tickets to passengers, cargo, and other services in the first nine months of 2023.The figure represents an increase […]

King Mohammed VI has extended an invitation to Nigerian President, Bola Ahmed Tinubu to visit Morocco.The monarch extended the invitation during a phone call with the Nigerian President yesterday, according to Morocco World News monitored […]

Investors in Nigeria’s equities market traded stocks worth N3.58trillion in year 2023, a remarkable 54.3 percent increase from N2.32trillion in 2022. The highest traded was done in July 2023 (N702.98billion), while the least trade was […]

The Federal Government through the Bureau of Public Enterprises is currently carrying out transactions for the sale of five power plants under the National Integrated Power Projects at a cost of about $1.15bn, it was […]