42 minutes ago
Yet in Nigeria, micro, small and medium enterprises (MSMEs) account for about 96 percent of business, 84 percent of employment, and almost half of the country’s gross domestic product.
1 hour ago
The Association of Admiralty of Nigeria (ASN) has called on all maritime institutions to curb challenges affecting the sector. It also called for safety in the marine environment and in all maritime operations.
1 day ago
Emirates Airlines, the flag carrier of the United Arab Emirates (UAE), has officially resumed flights to Nigeria after nearly two years of suspension. The first flight, EK 783, landed at the Murtala Muhammed International Airport (MMIA) in Lagos on Tuesday afternoon, arriving at 3:32pm after a journey of over eight hours. Airlines have suspended operations…
1 day ago
Premium Motor Spirit (PMS) imports into Nigeria in 2023 decreased to 20.3 billion liters compared to 23.54 billion liters in 2022, a decrease of 13.77%. During the same period, PMS truck shipments stood at 20.22 billion liters, representing a decrease of 16.96% compared to the recorded 24.35 billion liters.
1 day ago
Dr. Vincent Nwani, an economist and investment banker, expressed concern about the country’s ability to sustain its debt, with annual growth rates of around 100 percent, adding that the debt-to-output ratio could reach 100 percent by 2030. It is predicted that this could reach .
