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Transformers, Substations for $2.3bn Siemens Power Project Arrive Nigeria

Transformers, Substations for $2.3bn Siemens Power Project Arrive Nigeria Electricity transformers and substations meant for the $2.3bn Siemens power project have arrived in the country as the project gains traction, Minister of Power, Adebayo Adelabu, said on Sunday. The development came a few months after the...

Nigeria Manufacturing Export Decline by 62% – Report

Nigeria Manufacturing Export Decline by 62% – Report The contribution of the manufacturing sector to Nigeria’s non-oil exports has declined by 62 percent in four yearsas operators battle rising expenses amid high borrowing costs and low consumer spending. Data from the most recent foreign trade report...

Why Critics of Hajj Subsidy Missed the Point – NAHCON Boss

Why Critics of Hajj Subsidy Missed the Point – NAHCON Boss The Chairman of the National Hajj Commission of Nigeria (NAHCON), Alhaji Jalal Arabi, has justified the release of funds for pilgrims by federal and state governments to support intending pilgrims who were asked to...

Over 50,000 Nigerians to Perform 2024 Hajj – NAHCON

Over 50,000 Nigerians to Perform 2024 Hajj - NAHCON The Chairman of the National Hajj Commission of Nigeria (NAHCON), Alhaji Jalal Arabi, has said despite the initial hiccups and uncertainties that surrounded this year’s Hajj preparations, more than 50,000 Nigerians have been cleared to perform...

Obiukwu: Co-operation Between Nigeria, South Africa Will Stimulate Economic Growth

According to Kingsley Obiukwu, the Group Managing Director, Bolton White Hotel, co-operation between Nigeria and South Africa can stimulate economic growth in various sectors in both countries.

Customs Generate N1.3tr in Q1 2024 – Adeniyi

Customs Generate N1.3tr in Q1 2024 – Adeniyi The Comptroller General Nigeria Customs Service (NCS), Adewale Adeniyi, has said the agency made N1.3 trillion in revenue in Q1 of 2024. In addition to the smuggling being stopped and trade facilitation being expedited, he attributed the success...