Business & Economy

The CBN highlights the government’s dedication to fostering business growth through SMEDAN’s N19 billion allocation

The Central Bank of Nigeria has highlighted the 238.87% increase in the 2024 budget allocation for the Small and Medium Enterprises Development Agency of...

FG aims to generate 100,000 employment opportunities through the development of a 50,000MT NesGas depot

On Tuesday, the Federal Government initiated the construction of a 50,000 metric tonnes Liquefied Petroleum Gas and propane depot, aiming to generate 100,000 jobs. Developed...

Naira shows a recovery in the official market

Following days of market turbulence, the naira experienced a rebound at the official I&E Window on Tuesday, closing at N878.61/$1, a notable improvement from...

Blinken engages with Tinubu, commits to allocating a $45 million security fund for Nigeria and neighboring countries

On Tuesday, United States Secretary of State Antony Blinken announced an additional $45 million in funding for West African nations, augmenting the ongoing effort...

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...

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