Industry
Food, others drive increase in inflation as FCCPC mentions cartel influencing cost
As per a recent report by the National Bureau of Statistics, the headline inflation rate increased from 33.95% in May 2024 to 34.19% in June 2024.
FG speaks on investment opportunity in Nigerian stock market
Investors and significant stakeholders have received assurances from the Federal Government of Nigeria that their capital market assets will be safeguarded.
FG takes special action to crash airfares, signs historic agreement
The Nigerian government has signed the historic Cape Town Convention Practice Direction to significantly lower the operational costs of local airlines.
Talk Less, Act More: Dangote Shares Secret to Running a Successful Business in Africa
African business leaders have been advised by Aliko Dangote, the head of the Dangote Group, to focus on concrete outcomes and decisive action rather than just talk.
Branch International Finance Company contributes to SOS children’s village in major CSR initiative
Branch International Finance Company Limited has made a significant contribution to the SOS Children’s Village in Isolo, Lagos as part of its CSR activities.
“Smuggling of petrol”: Nigeria Customs explains reasons for scarcity of dollar, other foreign currencies
The Nigeria Customs Service said that the growing prevalence of petroleum product smuggling out of the country is one of the primary factors influencing FX.
“Don’t miss out”: FG announces locations in 5 states to convert petrol vehicles to CNG for free
The Presidential Compressed Natural Gas Initiative (PCNGi) has kicked off the free conversion of petrol and diesel-powered vehicles to run on Compressed Natural Gas.
No more N65,000: Airfare increases as Aircraft shortage hits Nigerian airports
Airlines with few aircraft have been forced to reduce frequency on second-tier routes to optimize gains, opting instead to concentrate on first-tier routes.
Economic Hardship: Nigerians rush to withdraw N9.2bn from their pension savings
RSA holders withdrew N23.4 billion over the period, according to the National Pension Commission's (PenCom) second quarter report recently released.
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