The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has partnered with the Nigerian Postal Service (NIPOST) to offer a special 15 per cent discount on logistics services to small businesses.   

The UNHCR and Tropical General Investments (TGI) Group, a leading contributor to Nigeria’s economy, have both signed a five-year cooperation agreement that will advance socio-economic inclusion and co-create sustainable solutions for forcibly displaced people in Nigeria.   

The Central Bank of Nigeria (CBN) has released data stating that Nigeria’s external reserves have declined by 0.68 percent to $36.620 billion as of August 12, 2024, down from $36.872 billion on August 7, 2024. 

As part of the efforts ensure the full implementation of President Bola Ahmed Tinubu’s directive for the Nigerian National Petroleum Company Limited (NNPCL) to sell crude oil to the Dangote Refinery and other local refineries in naira, Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, met with relevant stakeholders yesterday for the actualisation of the policy objective of the federal government.  

The Central Bank of Nigeria (CBN) revealed in a statement on Tuesday by Mrs Sidi Ali Hakama, Ag. Director, Corporate Communications, that the development reaffirms its commitment to fostering transparency and accountability in the Nigerian economy. 

According to Johnson Chukwu, the Chief Executive Officer of Cowry Asset Management Limited, Nigeria needs to prioritise increasing crude production and tackling insecurity in the Niger Delta to ensure refineries get Feedstock.