Industry
Another company shuns Nigeria, builds auto assembly plant in Egypt
A contract for the development and administration of a new body shop and assembly plant has been signed by the Egyptian government and Volkswagen Group Africa.
New airfares as FG pays $850 million outstanding FX backlog to European airlines
The European Ambassador to Nigeria and ECOWAS, Samuel Isopi has confirmed that Nigeria has paid the outstanding $850 million to European airlines.
Abia to introduce CNG buses, gives new date for Keke and Okada restriction enforcement
The Abia state government has announced plans to introduce CNG-powered buses in Aba and Umuahia and has set a new date to phase out keke and motorcycles.
Airlines, staff, touts quote new flight ticket prices for passengers at airports
Passengers at Nigerian airports face confusion and frustration as airline staff and touts reportedly quote higher and inconsistent flight ticket prices.
Expert advocates a novel approach to leveraging data finance for SME growth in Nigeria
An SME expert has explained the novel way to leverage data finance for SME growth in Nigeria, stating that it will positively impact job creation and financing.
Forex: Imported containers drop as CBN adjusts dollar rate to clear goods at port
According to a document from the Nigerian Ports Authority, in Q1 2024, the number of containers going through twenty-foot equipment units decreased by 2.39%.
‘We need more’: Expert praises Tinubu’s decision to remove tax from imported pharmaceutical inputs
The Centre for the Promotion of Private Enterprise (CPPE) has lauded the Executive Order signed by President Tinubu removing duties on pharmaceutical imports.
Dangote, Innoson gets competition as another company begins vehicle assembly plant in Abia
ROXETTE Motors is set to begin a vehicle assembly plant in Abia State, with the equipment set to arrive in August and full production beginning in October this year.
“Every application has been considered”: Turkey finally addresses visa ban on Nigerians
Concerning claims have been refuted by the Turkish Embassy in Nigeria, regarding reports that Nigerian passport holders are prohibited from obtaining visas.
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