HomeBusiness

Business

Maritime Workers to FG: Tackle Forex Crisis to Boost Importation

Maritime Workers to FG: Tackle Forex Crisis to Boost Importation   As the country marks its 64th anniversary today (Tuesday), maritime operators have urged the Federal Government to tackle the issue of fluctuating exchange rates to boost importation. The operators who spoke in Lagos on Monday, however,...

Nigeria Loses 362.28m Barrels of Crude to Sabotage — NEITI

Nigeria Loses 362.28m Barrels of Crude to Sabotage — NEITI   A new report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has indicated that Nigeria lost 362.28 million barrels of crude oil due to measurement errors, sabotage, and production adjustments between 2014 and 2023. This implies...

Petrol Landing Cost Drops as Naira Appreciates

Petrol Landing Cost Drops as Naira Appreciates   The landing cost of petrol has dropped from the N981/litre recorded on September 25, 2024, to N945.63/litre as of September 27. This is according to data released by the Major Energies Marketers Association of Nigeria (MEMAN) on Monday. The drop...

‘Insecurity, Flood May Cause Severe Food Shortages’

'Insecurity, Flood May Cause Severe Food Shortages'   Farmers under the aegis of the All Farmers Association of Nigeria (AFAN) have raised alarm over looming hunger across the country and urged the government to intervene urgently to avert this. In a statement on Monday, the National President...

RAIN Hackathon 1.0: Driving Innovation in AI and Robotics

RAIN Hackathon 1.0: Driving Innovation in AI and Robotics Robotics & Artificial Intelligence Nigeria (RAIN) has officially announced the inaugural RAIN Hackathon 1.0, a groundbreaking event designed to bring together innovators and trailblazers in Robotics and Artificial Intelligence to tackle Africa's most pressing challenges. In an...

FG Hands Over 64 CGN Buses to Labour Unions, NANS

FG Hands Over 64 CGN Buses to Labour Unions, NANS The Federal Government on Sunday, handed over 64 Compressed Natural Gas (CNG) buses to representatives of the Trade Union Congress (TUC), the Nigerian Labour Congress (NLC), and the National Association of Nigerian Students (NANS). The handover...