Business & Economy - Page 14

A public policy analyst and chieftain of the All Progressives Congress (APC), Mr Bola Babarinde, has urged the Federal Government to fully integrate Nigeria’s solid minerals sector into ongoing tax reforms. Babarinde, a former APC Chairman, South Africa Chapter, in a statement

The Presidential Initiative on Compressed Natural Gas (Pi-CNG) and Electric Vehicles (EVs) has signed an agreement with You Jie Te Environment Technology Ltd (YJT) to localise the manufacturing of critical energy infrastructure in Nigeria. The Memorandum of Understanding (MoU) was signed when

Investors in the Nigerian stock market traded a total turnover of 2.876 billion shares worth N63.832 billion in 80,229 transactions on the floor of the Exchange this week. The Nigerian Exchange Ltd.(NGX) weekly report made available in Lagos, said this was in

By Dele Debowale The Nigerian Naira maintained a relatively stable position against the United States Dollar on Wednesday, December 24, 2025, as trading opened across both the official and parallel markets. This stability comes amid ongoing efforts by the Central Bank of

The Central Bank of Nigeria (CBN) is taking its reform narrative directly to global investors, projecting policy stability, macroeconomic discipline and renewed confidence as it seeks to attract sustained capital inflows into Africa’s largest economy. Under the leadership of Governor Olayemi Cardoso,

By Lucy Ogalue The Federal Government, in collaboration with the World Bank, has commenced the implementation of a 500 million dollars Human Capital Opportunities for Prosperity and Equity–Governance (HOPE-GOV) Programme. The National Coordinator, HOPE-Governance Programme, Dr Assad Hassan, said this on Tuesday

By Constance Athekame The Nigerian Independent System Operator (NISO) says it is closely monitoring repair work by the Nigerian Gas Processing and Transportation Company (NGPTC) following recent Escravos-Lagos Gas Pipeline (ELP) explosion. The system operator said that NGPTC is a subsidiary of

The Abi⁠a‌ State Government‌, t⁠hroug⁠h th‌e Abia State Oil Producing Areas Devel⁠opment Com⁠mis‌sion (ASOPADEC) in collaborat⁠ion with the Ministry of Power and Public Utilities, ha⁠s⁠ succ‍essfully compl‌eted th‌e Ukwa West Power Restoration Project, restoring e‍l⁠ectricit⁠y supply to⁠ 33 communities across Ukwa West

Dr Cletus Ibeto, chairman of Ibeto Group, has faulted claims by chairman of Dozzy Oil, Chief Daniel Chukwudozie, that he owes him USD3,000,000.00 (Three Million Dollars). Chief Chukwudozie had accused Dr Ibeto of orchestrating a misinformation campaign to the effect that all

The World Bank has approved $500 million in financing to expand access to credit for micro, small and medium enterprises (MSMEs) in Nigeria, targeting persistent funding gaps that continue to limit business growth and job creation across the country. In a press