CISLAC Urges NASS To Implement Legislative Measures To Address Current Economic Hardship The Civil Society Legislative Advocacy Center (CISLAC) as well as other civil society groups are urging the National Assembly to take more serious steps in addressing the current hardship in the country through...

REA To Train Operators On Sustainable Energy In collaboration with Ernst & Young, the Rural Electrification Agency (REA), plans to organise a workshop on improved energy access through partnership with state governments and distribution companies. According to a statement from Ernst & Young on Tuesday, the...

Naira Plunges at NAFEM, Parallel Market The Naira value weakened by 1.9% or N28.73 against the United States Dollar on Thursday, February 22 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) despite unconventional approaches to ease the free fall of the currency. It closed at...

Oil Prices Rise As Houthis Strengthen Their Attacks On Thursday, oil prices rose as Iran-aligned Houthis stepped up their attacks in the Red Sea near Yemen while the market faced a large build in crude inventories in the world’s largest producer, the United States. During the...

Forex Crisis: Harsh Operating Environment Collapsed 70% Businesses – Oil Dealers Oil and gas dealers in the country have declared that the harsh operating environment in the downstream oil sector has led to the collapse of about 70 per cent of businesses in the industry,...

‘Grow Nigerian’ Agenda Will Accelerate SMEs Growth, SMEDAN Says The Director-General of the Small and Medium Enterprises Development Agency (SMEDAN), Charles Odii, has pledged to accelerate growth and prosperity for small businesses in the country through the agency’s ‘Grow Nigerian’ agenda. Odii gave the assurance when...