Manufacturing Grows by 1.28% – NBS
The manufacturing sector grew by 1.28 per cent year-on-year in the second quarter of the year, according to the Gross Domestic Product report of the National Bureau of Statistics (NBS) released on Monday.
The sector grew at a slower pace...
NNPCL Seeks Private Operators for Warri, Kaduna Refineries
The Nigerian National Petroleum Company Limited (NNPCL) says it is seeking to engage reputable and credible Operations and Maintenance companies, to operate and maintain the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company.
This...
FCCPC Gives Traders One Month to Crash Prices
The Federal Competition and Consumer Protection Commission (FCCPC) has given one month moratorium to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods.
The newly appointed Executive Vice Chairman of the FCCPC,...
Nigeria, Boeing sign MoU to Boost Aviation Sector
The federal government has signed a Memorandum of Understanding with an aircraft manufacturer, Boeing to boost the nation’s aviation sector.
Disclosing this in a statement on Thursday, Tunde Moshood, the Special Assistant on Media and Communications to Minister...
FG, States to Procure Prepaid Meters with N100bn
The Federal Government and the states have raised N100bn for the procurement of prepaid electricity meters.
Minister of Power, Adebayo Adelabu, said this was under the Presidential Meter Initiative programme.
Adelabu disclosed this while addressing broadcasters in Ibadan, the...
Without Structural Gaps, Nigeria’s GDP will Grow by 5% – IMF
The International Monetary Fund (IMF) has said that Nigeria’s economy stands to grow at five per cent beyond the current 3.19 per cent if there is a 25 per cent removal of bottlenecks around...
