Business & Economy - Page 11

By Richard Benjamin An agriculture technical expert, Mr Tony Ifeakandu, has called for coordinated efforts to tackle post-harvest losses in Nigeria’s tomato value chain, saying improved storage and preservation systems are key to stabilising supply and prices. Ifeakandu, Managing Director of Autodex

The Nigerian Exchange Group (NGX Group) Plc has announced an interim dividend of N1.30 per ordinary share for the six months ended June 30. The Group, in a statement on Sunday, said that the dividend reflected the strength of its earnings, improved

A former president of the Nigeria Institute of Town Planners (NITP), Mr Lekwa Ezuta has called on town planners to provide indigenous solutions to accommodate street trading in the nine states of the old Eastern region. He observed that all the solutions

Nigerian exporters face fresh economic headwinds after the United States government enacted a 12.5 per cent import duty on non-exempt goods from Nigeria, citing the West African nation’s failure to enforce stringent bans on forced-labor imports. ​The new duty, authorized under Section

Abia State has emerged as the third fastest-improving state in Nigeria, according to the 2026 Philips Consulting State Performance Index (pSPI), reinforcing claims of rapid socio-economic transformation under Governor Alex Otti’s administration. The ranking, released in the 2026 Momentum Index, placed Enugu

The Nigerian naira maintained a relatively calm and steady course against the United States dollar on Thursday, July 23, 2026, recording minimal fluctuations across both official and unofficial foreign exchange windows. ​ Data from the official Nigerian Foreign Exchange Market (NFEM), published

The Naira on Tuesday appreciated at the official market, trading at N1,375.30 to a dollar. Data from the official website of the Central Bank of Nigeria (CBN) revealed that the Naira gained N4.80. This represents a 0.35 per cent appreciation compared with

The Centre for the Promotion of Private Enterprise (CPPE) says the decision of the Central Bank of Nigeria (CBN) to retain all monetary policy parameters was expected. The Chief Executive Officer of CPPE, Dr Muda Yusuf, said this in an interview on

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has strongly criticized major fuel importers for setting ex-depot prices of imported Premium Motor Spirit (PMS) at approximately ₦1,350 per litre, warning that the practice undermines the Federal Government’s goal of using import licences