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Category: Business
FG targets $74bn GDP boost from livestock sector
The Federal Government says the 2025–2035 National Livestock Growth Acceleration Strategy (NL-GAS) is expected to increase the livestock sector’s contribution to GDP from 32 billion…
FG, firm seal $400m deal to strengthen Nigeria’s steel production
In a bid to strengthen and upscale steel production, the Federal Ministry of Steel Development, and Stellar Steel Company Limited, yesterday, signed a Joint Strategic…
BREAKING: Tinubu approves 15% import duty on petrol, diesel
President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on petrol and diesel imports into Nigeria. The initiative is…
African Aviation, Aerospace University will reduce dependence on foreign training – Speaker Abbas
The Speaker, House of Representatives, Abbas Tajudeen said the establishment of African Aviation and Aerospace University would not only equip Nigerians with advanced skills, but…
Nigeria’s trade surplus climbed to 6% – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s trade surplus has climbed to six per cent of the nation’s…
Finance Minister Edun didn’t collapse, travelled alone to London — Source
Amid growing concerns over the health of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Vanguard can confirm that he has…
Naira depreciates to N1,505 /$ in parallel market
The Naira yesterday depreciated further to N1,505 per dollar in the parallel market from N1,495 per dollar on Tuesday. However, the Naira appreciated to N1,427.5…
FG moves to end joblessness, launches national job centres nationwide
The Federal Government has launched the National Job Centre Project, a nationwide network of employability hubs aimed at tackling unemployment and promoting dignified, inclusive, and…
NUPRC, World Bank partner to boost decarbonisation in Nigeria
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the World Bank Group have secured a partnership to boost Nigeria’s upstream decarbonisation agenda. This was disclosed…
FG finalises N4trn bond plan to clear GenCos’ debts
The Federal Government has announced that it has finalised a comprehensive plan to deploy N4 trillion in government-backed bonds to settle verified arrears owed to…