The Federal Government has identified about 213 gas blocks that are open for investments. A document obtained by The PUNCH titled, “Nigeria’s Cretaceous Basins: The Potentials for Gas,” put together by the …
Tag:
Nigeria
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BusinessEconomyFinance & ServicesNigeria
Reps panel decries allocation to BPE for monitoring and surveillance of projects
The House of Representatives Committee on Public Procurement has decried the poor allocation to the Bureau of Public Procurement(BPE) for monitoring and surveillance of projects in the 2022 budget. The committee …
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BuildingEconomyFood ProductionNigeriaOil & Gas
foreign exchange scarcity and fuel price push inflation to 21.09%
The increase in the price of fuel, scarcity of foreign exchange, and disruption in food supply chain pushed headline inflation to a new record high of 21.09 per cent in …
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Banking, Finance & InvestmentBusinessEconomyNigeria
ICAN advises Central Bank of Nigeria on currency redesign and economic growth
The President, Institute of Chartered Accountants of Nigeria, Mallam Tijani Isa, has advised the Central Bank of Nigeria to find a lasting solution to the economic challenges occasioned by its …
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BusinessEconomyFinance & ServicesNigeria
Federal Government to grow Nigeria’s gross domestic product to $9tn in the next 28 years
The Nigerian Economic Summit Group has said that the Federal Government must grow Nigeria’s gross domestic product to $4.5tn to $9tn in the next 28 years. Speaking at the 28th …
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BusinessEconomyManufacturing & Consumer GoodsNigeria
Rising inflation drives Nigerians consumption expenditure to N57tn
Rising inflation drove Nigerians’ consumption expenditure to N57.08tn in the first half of 2022. This is a 14.39 per cent increase from the N49.89tn that was spent in the corresponding …
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BusinessEconomyEntrepreneurshipFinance & ServicesNigeria
E-finance platform to promote financial literacy among Nigerian youth
A global peer-to-peer finance platform, Paxful, has restated its commitment to promoting financial literacy among Nigerian youth as part of its efforts to drive economic growth in the country. Paxful …
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BusinessEconomyEnergyNigeriaUncategorized
Hossana foundation to train 10,000 of FCT youths with solar energy skills
A non-governmental organization, the Hope Hossana Foundation, is collaborating with the DG-Integrated Energy services, to train 10,000 youths in the Federal Capital Territory in the energy sector. The training project, …
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BusinessEconomyNigeriaTechnologyTelecommunications
NCC discovered a harmful app on Google Play Store and warns Nigerians against downloading
The Nigerian Communications Commission(NCC) has warned Nigerians to stay away from mobile applications from the ‘Mobile Apps Group’. According to the commission, the group had been discovered to release apps …
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BusinessEconomyEnergyNigeriaSpotlightUncategorized
Nigeria pushes for $400bn energy transition plan funding
The Federal Government is pushing for funding to the tune of $400bn to help implement Nigeria’s Energy Transition Plan. The Minister of Environment, Mohammed Abdullahi, said the push was being …