Pharmaceutical manufacturers have experienced losses of up to eight percent as a result of the Federal Government’s delay in implementing its zero-Value Added Tax policy designed to ease the cost of pharmaceutical raw material imports. 

The World Bank Group has just disclosed that its investments in Africa have hit $38 billion in 2024, contributing to a global commitment of $117.5bn. 

According to an expert, Nigeria's 2025 broadband target is at risk unless it adopts satellite connectivity due to the prohibitive cost of installing fibre optic infrastructure in remote, underserved areas.

Mandela Washington Fellowship Alumni Nigeria Partners PRNigeria for Pan-African Legacy Conference The Mandela Washington Fellowship Alumni Association of Nigeria (MWFAAN) has teamed up with PRNigeria, a subsidiary of Image Merchants Promotion Limited (IMPR) and publishers of Economic Confidential, for strategic communications around the association’s inaugural...

Nigeria Expands Local Refining With Four Modular Refineries, New Licenses   The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday gave an update on Nigeria’s local refining capacity, saying there is an expansion with the issuance of nine Licenses to Establish (LTEs), seven Licenses to...

Naira Weakens Further as FX Turnover Declines by 71%   The naira fell on Monday at both the official and black markets to 1670.75/$ and 1748/$, respectively, as the daily foreign exchange turnover in the official market dropped by 71 per cent to $81.17m. This comes amid...