Nigeria Eyes Local Manufacturing Boom with NADDC’s New Initiative
The National Automotive Design and Development Council (NADDC) has unveiled an ambitious plan to kickstart local manufacturing of vehicle spare parts.
Indian Companies Emerge as Second Largest Employers in Nigeria, High Commissioner Confirms
Indian companies have solidified their position as key contributors to Nigeria’s economy, becoming the second-largest employers in the country after the Nigerian government. This was revealed by G. Balasubramanian, the…
India and Nigeria Strengthen Security Ties and Champion Global South Interests
In a landmark diplomatic engagement, Indian Prime Minister Narendra Modi and Nigerian President Bola Tinubu pledged to enhance bilateral relations with a strong focus on security collaboration and support for…
Dangote Refinery Secures Funding to Boost Crude Supply and Transform Nigeria’s Energy Sector
Aliko Dangote, Africa’s wealthiest man, is making bold moves to enhance Nigeria’s energy independence by securing billions of dollars in funding to increase crude oil supplies for his $20 billion…
How Strong U.S. Retail Sales Impact the Nigerian Naira
The U.S. retail sector has been making headlines with its recent resilience, as retail sales rose by 0.4% in October 2024. While this growth highlights the strength of the U.S.…
Custodian Investment Plc: Revolutionizing Growth Through Technology and Market Expansion
Introduction: Leading Nigeria’s Financial Transformation Custodian Investment Plc is redefining the financial services landscape in Nigeria with its bold investments in technology and strategic market penetration. As one of the…
CBN Raises Monetary Policy Rate to 26.75% Amid Rising Inflation Concerns
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 50 basis points to 26.75%, continuing its aggressive tightening measures to combat soaring inflation. This marks…
Northern Nigeria Flour Mills PLC Declares Interim Dividend: Meaning for Investors
Northern Nigeria Flour Mills PLC (NNFM), a key player in Nigeria’s food and agro-allied industry, has announced an interim dividend of 50 kobo per share for its shareholders. This development…
World Diabetes Day
Rising Insulin Prices Put Diabetes Care Beyond Reach for Many Nigerians
Nigeria Hits 1.8 Million Barrels Per Day Production in November 2024- NNPC
Crude Oil Production Reached Significant Milestone in November 2024, Says NNPC