Business & Economy

The decline in the value of the Naira results in a surge in drug imports, reaching N900bn

In 2024, high drug prices are anticipated to persist, reaching over N900bn due to the depreciation of the naira, placing additional strain on Nigerians...

Dangote Refineries aims to provide fuel to 150,000 IPMAN stations as part of their supply plans

The Dangote Petroleum Refinery is set to provide fuel to approximately 150,000 retail outlets managed by the Independent Petroleum Marketers Association of Nigeria (IPMAN)...

Over a six-month period, CBN reported that expenditures on overseas medical and school bills amounted to $1.58 billion

Nigerians channeled $1.58 billion into health tourism, foreign education, and personal expenditures in the first half of 2023, as per data from the Central...

SMEDAN plans to acquire motorcycles and tricycles valued at N6 billion

The Small and Medium Enterprises Development Agency of Nigeria has allocated a total of N6.2bn in its 2024 budget for empowerment programs, specifically the...

NCAA allocates more than 8 billion naira for domestic and international travel plans

The Nigeria Civil Aviation Authority is set to allocate N8.3 billion for transportation and travels in the year 2024, as revealed in the recent...

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