Federal Republic Of Nigeria
Food prices likely to surge as farmers opt to export produce for foreign currencies
As Nigeria moves into the dry season, food prices are likely to surge higher. After a bounty harvest, farmers refused to sell to local consumers, but want to export.
Nigeria’s debt profile to hit N187 trillion as World Bank disburses $2.5 billion
A new report has revealed that Nigeria's debt will rise astronomically to N187.8 trillion in 2025 caused by new government borrowings amid new loans.
Experts project FG’s borrowing in 2025 amid rising external debt
Economic analysts have projected that Nigeria's debt profile will rise due to projected borrowings exceeding N13 trillion in 2025, adding to Nigeria's debt profile.
Okitipupa Oil Palm Plc acquires 4 new mills, set to list on NGX
Nigerians may be looking at another key player in the oil palm production space, as Okitipupa oil palm acquires 4 new mills. NGX listing also in view.
Reactions as Aba Disco hikes electricity tariff by 100%, upgrades customers to higher bands
Customers are revolting against the 100 per cent increase in electricity tariffs by the Aba Power Electric company, and upgrading customers to higher bands
Obasanjo says China’s proposed BRI will boost intra-continental trade
Former President Olusegun Obasanjo has said that China's BRI will boost trade within Africa. He called on the FG to establish more strategic and beneficial deals
All incomes will be taxed no matter the source, says Tinubu's tax committee
Under the proposed tax reform, all income will come into the tax net regardless of source. This includes income from illegitimate sources and side gigs.
Marketers begin fuel loading from Warri refinery as NNPC slashes prices again
Petroleum Marketers have reportedly begun product loading at the newly refurbished Warri refinery as they demanded petrol production from the facility.
Schneider Electric highlights need for skills development to drive data centre expertise
Ben Sellier, Vice President of Secure Power at Schneider Electic, has advocated for skills development in data centres to sustain the IT industry.
Federal Republic Of Nigeria
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