Naira Depreciation: 16 Major Firms Lost N792bn in One Year- MAN
The Manufacturers Association of Nigeria, MAN, yesterday said that 16 major manufacturing firms incurred cumulative losses amounting to N792 billion between 2023 and 2024.
Also, Chairman, Ogun State Manufacturers Association of Nigeria, MAN, Mr. George...
Nigeria's Foreign Debt Service Gulps $3.5bn in 2024 - Report
The Federal Government spent $3.58 billion servicing its foreign debt in the first nine months of 2024, representing a 39.77 per cent increase from the $2.56bn spent during the same period in 2023.
This is according...
FG Pledges to Settle Pension Arrears, Releases 25% of N88bn budgeted - Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government has released about 25 per cent of the total amount budgeted for pension arrears this year.
He...
FG Bars Pilots from Working for Multiple Airlines
The Nigeria Civil Aviation Authority has warned flight crew members, especially pilots against working for multiple airlines concurrently with their approved privileges simulators and proficiency checks endorsed on their licence.
The authority stated that such action posed a...
Nigeria's Total External Trade Rises to N6.9tn in Q2, Says Shettima
Vice President Kashim Shettima has stated that trade facilitation programmes implemented by the current administration increased the country’s trade balance to N6.5tn in the second quarter of 2024.
He said efforts to maximise economic opportunities...
IMF, W’Bank Working to Destroy Nigeria’s Varsities, Says ASUU Chair
The Academic Staff Union of Universities President, Prof Emmanuel Osodeke, has raised an alarm over a plot to sabotage the interest of public universities in the country.
He stated this at an event marking the 2024...
