economy

AfDB support for Côte d’Ivoire rises to $3.1bn in 2023

The African Development Bank (AfDB) Group’s support to Côte d’Ivoire rose from $460 million in 2015 to $3.1 billion in 2023.The AfDB President, Dr Akinwumi Adesina, said in statement on Friday that the…

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Vandals destroy Gwagwalada-Katampe Transmission line, says TCN

The Transmission Company of Nigeria (TCN) says its 330kV Gwagwalada-Katampe Transmission line  has been destroyed by vandals. A statement issued by TCN’s General Manager, Public Affairs in Abuja on Wednesday, Mrs Ndidi…

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Nigeria ‘ll overcome economic challenges, says Kolade

A businesswoman and the Iyalaje Oodua Worldwide, Chief Toyin Kolade, has expressed optimism that Nigeria will soon overcome its current economic challenges. Kolade, Managing Director, Fisolak Royal Furniture and Arikay…

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Customs, EU partner to monitor export, facilitate trade, says CG

The Nigeria Customs Service (NCS) says it is partnering with the Directorate-General Taxation and Customs Union (DG TAXUD) of the European Union (EU), to facilitate trade, monitor export and documentations…

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NCS suspends rice distribution over stampede

The Nigeria Customs Service (NCS) has suspended its food disposal initiative following a stampede that claimed seven lives on Feb. 23. The unfortunate incident was during the distribution of 25Kg…

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Nigeria Leads Africa’s Mining Sector Resurgence

By Segun Tomori The 30th edition of “Investing in Mining Indaba” recently held in Cape Town, South Africa provided another opportunity for African countries through their Ministers of Solid Minerals/Mineral…

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Minister lauds judiciary for attracting investment in power sector

The Minister of Power, Mr Adedayo Adelabu, has commended the judiciary for attracting private investment into the power sector. Adelabu gave the commendation in Abuja on Tuesday, at the Nigerian…

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Diesel price stands at N1153 in Jan 2024 – NBS

The National Bureau of Statistics (NBS) says the average retail price of a litre of diesel increased from N828.82 in January 2023 to N1153.01 in January 2024.NBS stated this in…

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Tinubu appoints Hafsat Bakari as new head of NFIU

President Bola Tinubu has approved the appointment of a new Director and Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU). She is Ms Hafsat Abubakar Bakari, a former…

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Arogundade visits Golden Finger Farms, Ranches Ltd to partner for agro-training

The Senior Special Assistant to the President on Technical, Vocational and Entrepreneurship Education (SSAP-TVEE), Madam Abiola Arogundade, on Tuesday, February 7, visited Golden Finger Farms and Ranches Limited in her…

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