Business and Economy | The Gazette (Nigeria)
Hyundai Nigeria Moves to Ease Transport Costs with Locally Made CNG Vehicles
Key Points Hyundai Nigeria has introduced locally assembled CNG (Compressed Natural Gas) vehicles, including models like the Hyundai Grand i10, Accent, Creta, and Tucson, as part of the Presidential CNG…
FG Advised to Establish Special Committee for Nigeria-China Agreements Implementation
Key Points The Federal Government has been advised to form a special committee to oversee the implementation of recent China-Nigeria bilateral agreements signed by President Bola Tinubu, as they are…
Nigeria Partners with Mastercard to Empower 1 Million African Farmers
Key Points Nigeria has partnered with Mastercard to support one million African farmers across Nigeria, Kenya, and Tanzania, focussing on financial inclusion and digital access to essential services, with backing…
Coca-Cola Commits $1 Billion Investment in Nigeria Over Next Five Years
Key Points Coca-Cola Hellenic Bottling Company plans to invest $1 billion in Nigeria over the next five years to expand operations. The company has already invested $1.5 billion in Nigeria…
Transparency Lacking in Oil Sector; Appropriate Petrol Pricing Remains Elusive, Says Prof. Iledare
Key Points Lack of Transparency: Prof. Wunmi Iledare highlights severe opacity in Nigeria’s oil sector, which hinders fair petrol pricing. Sector Critique: He criticizes the current leadership’s transactional approach and…
Nigeria’s Revenue Surges to N9.1 Trillion in Q1 2024 – Finance Minister
Key Points Revenue Surge: Nigeria’s federal revenue reached N9.1 trillion in Q1 2024, more than double compared to the same period in 2023. Effective Strategies: The increase is attributed to…
October 8, 2024
Hyundai Nigeria Moves to Ease Transport Costs with Locally Made CNG Vehicles
Key Points Hyundai Nigeria has introduced locally assembled CNG (Compressed Natural Gas) vehicles, including models like the Hyundai Grand i10, Accent, Creta, and Tucson, as part of the Presidential CNG…
October 5, 2024
FG Advised to Establish Special Committee for Nigeria-China Agreements Implementation
Key Points The Federal Government has been advised to form a special committee to oversee the implementation of recent China-Nigeria bilateral agreements signed by President Bola Tinubu, as they are…
September 27, 2024
Nigeria Partners with Mastercard to Empower 1 Million African Farmers
Key Points Nigeria has partnered with Mastercard to support one million African farmers across Nigeria, Kenya, and Tanzania, focussing on financial inclusion and digital access to essential services, with backing…
September 26, 2024
Shettima Welcomes ExxonMobil’s Bold $10 Billion Investment Boost in Nigeria’s Oil Sector
Key Points ExxonMobil announced plans to invest $10 billion in Nigeria’s deep-water oil operations, highlighting the government’s investor-friendly reforms and commitment to economic growth. Vice President Shettima praised the investment,…
September 23, 2024
Niger State Government Signs Deal with Three Companies to Revolutionize Sugar Production in Nigeria
Key Points Niger State Government has signed an MoU with three companies to enhance sugar production, aiming to establish six sugar mills and cultivate 148,000 hectares for sugarcane. Governor Mohammed…
September 22, 2024
Experts Demand Stronger Investment for Nigeria’s Creative Boom – Unlocking $617 Million
Key Points Experts at the ABC Investment Forum emphasised the need for a centralised funding platform for investment for Nigeria’s vibrant creative sector, dubbed “Nigeria’s new oil.” The $617 million…
September 19, 2024
Coca-Cola Commits $1 Billion Investment in Nigeria Over Next Five Years
Key Points Coca-Cola Hellenic Bottling Company plans to invest $1 billion in Nigeria over the next five years to expand operations. The company has already invested $1.5 billion in Nigeria…
September 10, 2024
Transparency Lacking in Oil Sector; Appropriate Petrol Pricing Remains Elusive, Says Prof. Iledare
Key Points Lack of Transparency: Prof. Wunmi Iledare highlights severe opacity in Nigeria’s oil sector, which hinders fair petrol pricing. Sector Critique: He criticizes the current leadership’s transactional approach and…
September 10, 2024
Nigeria’s Revenue Surges to N9.1 Trillion in Q1 2024 – Finance Minister
Key Points Revenue Surge: Nigeria’s federal revenue reached N9.1 trillion in Q1 2024, more than double compared to the same period in 2023. Effective Strategies: The increase is attributed to…
September 4, 2024
GoSharpSharp Disrupts Nigerian Transport Sector with Bold Launch in Adamawa and Abuja
Key Points GoSharpSharp launched in Adamawa and Abuja, offering affordable, luxurious interstate transport with amenities like free Wi-Fi and complimentary breakfast, aiming to revolutionise Nigeria’s transport sector. The company introduced…