We'll Spend N75bn on 75 Enterprises in Eight Months - Tinubu   President Bola Ahmed Tinubu has said his administration will spend 75 billion naira on 75 enterprises across the country from July 2023 to March 2024. The President who disclosed this in a nationwide broadcast on...

Manufacturers Spent N119bn To Generate Power In Nine Years   Expenditure by manufacturers on alternative energy sources (excluding power from distribution companies) jumped by 82 per cent, from N25bn in 2014 to N144bn in 2022. This is according to data collated from the annual and bi-annual reports...

Seaport: Nigeria Loses $15bn To Congestion, Others Annually   Nigeria is said to be losing an estimated $15billion annually due to congestion and other maritime related issues at the nation’s seaport. This is even as port users lamented mounting refuse dump on Apapa port access roads recently...

World Bank To Nigeria: Reduce Govt Borrowing From CBN   The World Bank Group has urged Nigeria to reduce government’s borrowing from the Central Bank if it wants to reduce the inflationary pressure on the economy. World Bank’s Lead Economist for Nigeria, Alex Sienaert, stated this on...

Nigeria’s Pension Assets To Hit N19trn In 2024, Report Reveals   Nigeria’s total pension assets, has been projected rise to an impressive N19 trillion by the end of 2024, according to a Pan-African credit rating agency, Agusto & Co. This projection is contained in a report titled,...

Apapa Customs Intercepts Pistols, Rakes In N502bn Revenue   The Apapa Command of Nigeria Customs Service (NCS) on Tuesday, said that it intercepted two pistols inside one groupage cargo and collected a total of N502.987 billion from January 2023 to July. The Command also said it made...