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CBN Governor Predicts Economic Relief with Dangote Refinery Operations, Raises Interest Rates to Curb Inflation

CBN Governor Predicts Economic Relief with Dangote Refinery Operations, Raises Interest Rates to Curb Inflation

by Oni Kayode Philips | Sep 25, 2024 | Business/Finance, Economics, NEWS, Security

The Central Bank of Nigeria (CBN) has said  the lifting of petroleum products from Lagos-based Dangote Refinery will balance  the cost of transportation and ease food inflation. Speaking at a press briefing on Tuesday, the CBN governor Oluyemi Cardoso expressed...
Nigeria Targets $1.5bn GDP Boost by 2027 through Embracing the Halal Economy, Says Vice President Shettima

Nigeria Targets $1.5bn GDP Boost by 2027 through Embracing the Halal Economy, Says Vice President Shettima

by Favour Owonibi | Sep 19, 2024 | Business/Finance, Economics, NEWS

Vice President Kashim Shettima said Nigeria has embraced the Halal economy, hoping to leverage opportunities and add the sum of $1.5bn to the country’s GDP by 2027. Shettima made this known on Wednesday as he attended the Nigeria Halal Economy Stakeholders engagement...
Nigeria Signs Cape Town Convention to Cut Airline Operation Costs

Nigeria Signs Cape Town Convention to Cut Airline Operation Costs

by Favour Owonibi | Sep 13, 2024 | Business/Finance, Economics, Local, NEWS

The Federal Government has signed the Cape Town Convention (CTC) Practice Direction, aimed at reducing the cost of airline operations in the Nigerian aviation sector. The CTC Practice Direction was signed on Thursday by the Chief Judge of the Federal High Court,...
President Tinubu Receives Trade Balance Update, Expresses Commitment to Economic Growth

President Tinubu Receives Trade Balance Update, Expresses Commitment to Economic Growth

by Favour Owonibi | Sep 13, 2024 | Business/Finance, Local, NEWS

President Bola Tinubu has received updates on the country’s trade balance. This was revealed in a statement signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Thursday. Welcoming the new trade balance report published by the...
Minister of Information to Lead Nigeria’s Delegation at Indonesia-Africa Forum in Bali.

Minister of Information to Lead Nigeria’s Delegation at Indonesia-Africa Forum in Bali.

by Oni Kayode Philips | Sep 2, 2024 | Business/Finance, International, NEWS

The Minister of Information and National Orientation, Mohammed Idris, will represent President Bola Ahmed Tinubu as the head of Nigeria’s delegation at the Second Indonesia-Africa Forum scheduled to hold in Bali, Indonesia. This was disclosed at the weekend in a...
President Tinubu Arrives in Beijing for Five-Day Visit, Set to Sign Key MOUs with China.

President Tinubu Arrives in Beijing for Five-Day Visit, Set to Sign Key MOUs with China.

by Oni Kayode Philips | Sep 2, 2024 | Business/Finance, International, NEWS, Politics

President Bola Tinubu has arrived in Beijing for a five-day official visit to the People’s Republic of China. The President touched down in the country on Sunday after a stop-over in Dubai, the United Arab Emirate (UAE) where he had been since Thursday President...
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