Importers kick as cost of shipping containers from China rises by N2.6m
The cost of importation of a 40-feet container from China to Nigeria has increased from $7000 (about N3.1 million) to $13,000 (N5.7m), which is a N2.6
Business
All the recent business news in Nigeria, economy and industry updates.
Nigeria’s inflation may drop to below 15% next year – Emefiele
The Central Bank of Nigeria is targeting a drop in the country’s inflation rate to less than 15 per cent by end-2023. The governor of the apex bank, G
Azura targets 3,500MW power, wins best GenCo award
The Managing Director of Azura Power, Engr Edu Okeke, has said out of 25,000 megawatts (MW) of electricity capacity targeted by the federal government
Knocks trail N18.4bn Senate compensation order to NLNG
As a two-month deadline nears in a Senate directive to the Nigeria Liquefied Natural Gas (NLNG) to pay N18.4 billion to host communities for the right
NBS to review labour force survey method
The National Bureau of Statistics (NBS) has disclosed plans to review the methodology used to conduct the National Labour Force Survey. Speaking durin