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Nigeria earned only N188.03 million from goods or cargo conveyed through rail transport in the second quarter of 2023. This is according to the National Bureau of Statistics’ latest Rail Transportation Data (Q2 2023). The figure represented a 105.04 percent…
International passengers departing Nigeria were on Wednesday and Thursday stranded in Lagos, Cairo, Doha, London and other destinations after baggage belt failures at the new terminal of the Murtala Muhammed International Airport, Lagos, forced airlines to delay and cancel flights.…
At least eight banks and 18 other listed companies have been fined N125m for failing to file their 2022 audited financial statements and quarterly reports for the first half of 2023 as required by Nigerian Exchange, recent findings confirm. The…
By Lawrence Duya/Goodluck Ikiebe With the inauguration of Ministers by President Ahmed Bola Tinubu, on Monday, the Honourable Ministers of Solid Minerals, Steel Development and State Minister for Steel Development, Dele Alake, Shuaibu Abubakar Audu and Maigari Ahmadu have made…
The Executive Secretary, National Working Committee, African Continental Free Trade Area, Nigeria, Segun Awolowo, has expressed the readiness of the country to join the second phase of the Guided Trade Initiative. The initiative by AfCFTA is a solution-oriented approach that…
By Kalu Kalu, Umuahia The government of Abia State, South East Nigeria, is set to sign a memorandum of understanding (MoU) with CSS Integrated Farms, an arrangement that would see the Nasarawa State-based farm train farmers from Abia State. Governor…
By Goodluck Ikiebe Twitter Chief Executive Officer, Elon Musk, has been named the second time as the number one Richest man in the World. According to the World of Statistics, Musk is worth $224 billion. The business magnate and investor…
By Goodluck Ikiebe Dr Ngozi Okonjo-Iweala The Director General of World Trade Organisation, WTO, Dr Ngozi Okonjo – Iweala, has raised alarm about alleged threat to life over her visit to President Bola Tinubu on Tuesday in Abuja. She expressed…
TEXT OF THE NATIONAL BROADCAST BY PRESIDENT BOLA TINUBU TO NIGERIANS ON CURRENT ECONOMIC CHALLENGES AFTER DARKNESS COMES THE GLORIOUS DAWN My fellow citizens, I want to talk to you about our economy. It is important that you understand the…
The US-based International Monetary Fund (IMF) has retained its 3.2 percent forecast for Nigeria’s economic growth in 2023. IMF disclosed this in its recent World Economic Outlook update titled “Near-Term Resilience, Persistent Challenges.” The development bank also raised the forecast…
