Business & Economy

The Federal Government aims to create 10 million jobs through dry season farming initiatives

The Federal Government announced on Monday that the 2024 dry season farming is expected to generate 5-10 million jobs nationwide. This revelation was made during...

The Naira hits a historic low in the official market

The Nigerian naira hit a historic low of N1,534 against the US dollar on the official Nigerian Autonomous Foreign Exchange Market on Monday, marking...

Government intends to impose penalties on underperforming Distribution Companies (Discos) to address outages

Power distribution companies in the Nigeria Electricity Supply Industry that fall below specified standards will face a 50% reduction in their operating expenditures, as...

The FG aims to generate one million housing-related jobs within the next two years

The Federal Government is aiming to generate 1.2 million jobs through the construction of 3,112 housing units under the Renewed Hope Initiative. The Minister of...

FTN Cocoa did not generate any revenue in the year 2023

FTN Cocoa Processors, one of Nigeria's oldest cocoa companies, faced a financial setback in 2023, reporting zero earnings due to challenges in working capital...

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