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NEPC Says Nigeria’s Non-oil Revenue Fell to $4.5BN in 2023
The Nigerian Export Promotion Council has reported that in 2023, Nigeria’s non-oil revenue decreased to $4.5bn. The decline is said to be 6.3% or $300m from the previous record in 2022, which ...
Nigeria Lose N1.2 Trillion to Cushion Gas Export in 10 Years
According to the Statistical Review of World Energy published by the Energy Institute, Nigeria has paid N1.2 trillion to cushion gas exports throughout this period.The recently released data, which wa...
Lagos State Government in Conjunction With Afreximbank and Access Holding Plc Signs Contract Worth $1.35 Billion
The Lagos State Government and the African Export-Import Bank (Afreximbank), in collaboration with Access Holding Plc, signed a contract worth $1.35 billion on Monday to boost infrastructure and food ...
Unveiling the Huge Potentials of Hibiscus Farming as 1 Tonne Currently Sells for 1.7m
In Nigeria, the Hibiscus flower which is popularly known as Zobo is one of the most exported crops—due to this, many people are going into its production.However, the production dropped after the Me...
Nigeria's Central Bank Unifies Forex Market, Promotes Liquidity and Stability
The Central Bank of Nigeria (CBN) has recently announced a significant overhaul of the Nigerian Foreign Exchange (FX) Market, with the goal of enhancing liquidity and stability. As part of this effort...