Nigerian Navy and Ogun Government set to strengthen security along waterways
The Nigerian Navy and the Ogun State Government are set to hold the groundbreaking ceremony for a new Naval Base and Dockyard at Ode-Omi, in...Read More
Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
French Investors Set Sights on Ogun Agro-Cargo Airport, Other Projects
Mr. Djebbari Jean-Baptiste, ormer French Minister of Transport, has expressed the interest of French investors in Ogun State's transport...Read More
Nigeria, India forge stronger ties in maritime security, economic collaboration
Nigeria and India have reaffirmed their commitment to deepening bilateral cooperation in maritime security, counter-terrorism, and other str...Read More
Lagos calls for investors inaAmbitious 4,000 MW gas power project to bridge Nigeria’s electricity gap
Lagos, Nigeria's bustling commercial hub, has launched a call for private investors to develop gas-fired power plants that would add a c...Read More
Nigeria blocks Shell asset sale, approves Exxon-Seplat deal
Nigeria has halted Shell's (SHEL.L) plan to sell its entire onshore and shallow-water oil operations while approving a similar transacti...Read More
Concerns over poor investor relations may deter foreign investment in Osun
By BusinessWorld Intelligence Recent reports from various Nigerians engaged in feasibility studies for potential investments in manufacturin...Read More
Segilola Mine Controversy: Ministry of Solid Minerals launches fact-finding committee as operations Continue undisturbed
The recent actions by the Osun State Government concerning the Segilola mine have sparked considerable backlash, with critics accusing the s...Read More
Nigeria emerges as highest borrower from ECOWAS bank
New reports have surfaced revealing that Nigeria is currently the largest borrower from the ECOWAS Bank for Investment and Development (EBID...Read More
CBN to automate foreign exchange trading by December
The Central Bank of Nigeria (CBN) is set to automate its foreign exchange (FX) trading system by December 2024, replacing the current over-t...Read More
OPEC oil output drops in September due to Libyan disruption, Iraq compliance+
In September, the Organization of the Petroleum Exporting Countries (OPEC) saw its lowest oil output for 2024, according to a Reuters survey...Read More
OECD projects global growth to stabilize at 3.2%
The Organisation for Economic Co-operation and Development OECD's recent report indicates a stabilizing trend in global economic grow...Read More
Intense discussion surrounds call for New Green Revolution in African agriculture
Decades of reliance on mono-cropping and overgrazing have rendered approximately 65% of Africa’s agricultural land ineffective or degraded, ...Read More
CBN delivers fifth rate hike of the year
The Nigerian economy has faced mounting price pressures in recent months, driven largely by a series of bold economic reforms undertaken by ...Read More
Nigerian authorities confiscate $3m worth of cocaine at Lagos airport.
Nigerian authorities seized a significant quantity of cocaine valued at almost $3 million at Lagos' Murtala Muhammed International Airpo...Read More
Why West Africa is world’s terrorism hotspot
In the early hours before dawn on September 17, a coordinated jihadi assault shook Mali’s capital, Bamako. Hidden in plain sight for weeks, ...Read More
Countries donate mpox vaccines to combat African outbreak
In a significant show of global solidarity, numerous countries have pledged to donate doses of mpox vaccines to combat the ongoing outbreak ...Read More
Mpox outbreak in Africa remains uncontrolled, warns Africa CDC
The mpox outbreak continues to pose a significant threat across Africa, with the Africa Centres for Disease Control and Prevention (Africa C...Read More
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