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Port Calls in Nigeria, Others Hit 20% Growth – UNCTAD

Port Calls in Nigeria, Others Hit 20% Growth - UNCTAD The United Nations Conference on Trade and Development says port calls by container ships increased by 20 per cent in Nigeria and other African countries between the first quarter of 2018 and 2023. UNCTAD, in its...

NCC: Internet Consumption Drops First Time In Past Seven Months

According to the latest industry statistics report by the Nigerian Communications Commission (NCC), Nigeria’s internet consumption declined in September 2024, marking the first drop since February 2024. 

BudgIT: 32 States Received 55% Of Revenue From FAAC

According to a new report by BudgIT, a civic-tech organisation, 32 out of Nigeria’s 36 states have relied on allocations from the Federation Account Allocation Committee (FAAC) for at least 55% of their total revenue in 2023. 

Local Sugar Production: Take Advantage of Africa’s $7bn Export Market – NSDC Boss Urges Investors

The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has told potential local and foreign investors that this is the best time to put their money in the local production of sugar in Nigeria. 

CBN, AGF Barred from Releasing Rivers States’ Monthly Allocation

A Federal High Court in Abuja has issued an order restraining the Central Bank of Nigeria (CBN) and the Accountant General of the Federation (AGF) from releasing monthly financial allocations to the Rivers State government. 

Again, Naira appreciates against dollar at official market

Again, Naira appreciates against dollar at official market The Naira on Tuesday appreciated at the official market, trading at N1,630.45 to the dollar. Data from the official trading platform of the FMDQ showed that this represents a 2.40 per cent gain when compared to the previous...