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Nigeria’s Economy Grows By 3.84% In GDP Q4 2024
The National Bureau of Statistics (NBS) on Tuesday said Nigeria’s Gross Domestic Product (GDP) has grown by 3.84% (year-on-year) in real terms in the fourth quarter of 2024.
According to the agency, this growth rate is higher than the…
NGX Equities Market Dips Further By 0.32%.
In its second trading session for this week, the equities market dipped further by 0.32% on the floor of the Nigerian Exchange Limited, NGX caused by selling pressures on Oando PLC.
Consequently, the Month-to-Date and Year-to-Date…
Kaduna State Assembly Approves 2025 Budget For 23 Local Governments
The Kaduna State House of Assembly has officially approved the 2025 budget proposals for the 23 local government councils in the state, totaling over N123 billion.
The budget approval followed a comprehensive report presented to the…
Nigerian Government Reaffirms Commitment To Driving Reforms In Energy Sector
The Federal Government has reaffirmed its commitment to driving reforms and milestones in Nigeria's energy sector, positioning the country as a global leader in energy transformation
President Bola Ahmed Tinubu made this known at the…
Nigerian Government Reaffirms Commitment Towards Enabling Environment For Private Sector Investment
The Federal Government has reaffirmed its commitment to creating an enabling environment for the private sector-led investments to thrive in order to boost economic growth in the country.
The Minister of Finance and Coordinating Minister…
Lagos Unveils Operation Quadrant Ignite To Boost Investment
Lagos State State Government has unveiled Operation Quadrant Ignite (OQI) towards investment drive and development of industrialization strategy.
The initiative according to the government is an idea to transform the Lekki Economic Zone…
President Tinubu Mandates Commission To Lead Non oil Revenue Mobilisation
Nigeria's President, Bola Ahmed Tinubu, has mandated the Revenue Mobilization, Allocation, and Fiscal Commission (RMAFC) to prioritize revenue generation from solid minerals, taxation, and other non-oil sectors in order to reduce the…
NIMASA To Create Enabling Environment For Maritime Business Growth
The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to fostering a level playing field and creating an enabling environment for businesses in Nigeria’s maritime sector.
The Director General of…
Nigerian Government Assure Support For Local Businesses For Economic Growth
Vice-President Kashim Shettima gave the assurance during a visit to mark the 20th anniversary of SecureID Manufacturing Facility at Iyana-Isolo, in Lagos.
He said that SecureID is a certified smartcard manufacturing plant that produces…
Nigerian Government Advocates Key Tax Reforms To Strengthen Nigeria’s Economy
The Federal Government of Nigeria is advocating for the passage of four key tax reform bills to strengthen Nigeria's economy and promote inclusive growth.
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun,…