In Six Months, Nigeria’s Non-Oil Sector Jumps 64.2% to $2.59bn The Nigerian Export Promotion Council (NEPC) has disclosed that the non-oil sector contributed over $2 billion to the economy in the first six months of the year 2022. This was disclosed by the Managing Director and...

Fact-Check: Did The Nigerian Govt Approve AK47 For Katsina Security Outfit? Governor Akeredolu claims FG have granted AK47 permit to Katsina security outfit. Claim: Ondo Governor Rotimi Akeredolu has accused the Federal Government (FG) of approving AK47 Rifle for Katsina based security outfit. Full Text: Reacting to...

U.S. Announces Project to Improve Cocoa Value Chain in Nigeria The United States Department of Agriculture’s Food for Progress programme has entered into a cooperative agreement with the Lutheran World Relief to strengthen the cocoa value chain in Nigeria. The U.S. consulate said in a statement...

Inflation: FG to Review Minimum Wage - Ngige The Federal Government has revealed it's plan to increase the N30,000 minimum wage in the light of worldwide inflation raving the global economy. The Minister of Labour and Employment, Dr Chris Ngige, disclosed this in Abuja at the...

Crude Oil Sales Push Nigeria’s Foreign Trade To N25.84tn Data released by the Nigerian Bureau of Statistics has shown that Nigeria’s foreign trade has increased by 47.07 per cent year-on-year to N25.84tn in the first half of 2022 due to increased crude oil sales. According to...

In H1 2022, UBA Delivers N70 Billion Profit - Up By 16% United Bank for Africa Plc has released its interim consolidated and separate financial statement which shows that the bank raised its profit in the first half of the year by 16 per cent...