Finance Minister Advocates Social Protection Policies to Aid Economic Reform
The minister of finance and coordinating minister of the economy, Wale Edun, has advocated for social protection policies alongside economic reforms to address the increased cost of living in Nigeria.
In his remarks at the 3rd...
Manufactured Goods Imports Surge by 139% to N5.74trn
The importation of manufactured goods into Nigeria surged astronomically by 139 per cent, year-on-year (YoY), to N5.4 trillion in the first quarter of 2024 (Q1’24) from N2.40 trillion in the corresponding period of 2023 (Q1’23).
Stakeholders have attributed...
Lilypond Customs Export Command Generates $184m in Two Months
The Nigeria Customs Service, Lilypond Export Command, has said that 2,488 export containers with duty paid value of $184.8m, were handled by the command between April and June 2024.
The command also said that its payment into...
I have witnessed unprecedented development in Saudi Arabia, which has surpassed its Middle Eastern counterparts in the kingdom's commitment to enhancing citizens' lives. While many regional countries prioritise investments in conflict, terrorism, and reliance on oil, Saudi Arabia stands out for its futuristic-thinking approach.
Tinubu Appoints Abubakar Dantsoho as NPA Boss
President Bola Tinubu has approved the appointment of Dr. Abubakar Dantsoho as the Managing Director of the Nigerian Ports Authority (NPA).
The President has also approved the appointment of Senator Adedayo Adeyeye as Chairman of the Board of the...
Ex-power Minister ‘Mamman’ Granted N10b Bail
A Federal High Court in Abuja has granted bail to a former Minister of Power, Saleh Mamman at N10billion.
In a ruling on Friday, Justice James Omotosho ordered Mamman to produce two sureties in like sum.
Justice Omotosho said each of...