Found 74 results for “Economy”
The Federal Ministry of Art, Culture, Tourism and the Creative Economy has launched the 'Ember to Remember 2026' initiative, aiming to unlock Nigeria's vast potential in tourism and the creative sector. This 100-day national tourism season seeks to enhance GDP contributions, create jobs, and attract investments while positioning Nigeria favorably on the global stage.
The Nigeria Upstream Petroleum Regulatory Commission has reported a 0.4% rise in crude oil output for August, reflecting a slight recovery in the nation's oil sector. This increase, although marginal, highlights ongoing efforts to stabilize production levels amid various challenges.
In a bold assertion, economic analyst 'Tope Fasua claims that President Bola Ahmed Tinubu has successfully addressed over half of Nigeria's economic challenges within a three-year tenure. This examination delves into Nigeria's economic history to unveil the complexities and implications of these reforms.
Bamboo and Cowrywise experienced significant service interruptions as a result of the overwhelming traffic from investors eager to subscribe to the Dangote Refinery IPO. Both platforms confirmed the disruptions via social media, highlighting the IPO's impact on digital trading services.
A recent televised interview with an economic adviser to President Tinubu has raised eyebrows regarding the government's approach to economic data and policy. As Nigeria approaches a critical election period, the implications of such dismissals underscore a troubling trend in the management of the nation's economy.
The initial public offering (IPO) of Dangote Refinery has sparked a remarkable surge in investment, with billions of naira subscribed within minutes of its launch. This unprecedented interest underscores the market's confidence in the refinery's potential impact on Nigeria's economy.
The United States has removed maritime restrictions on Nigeria, citing improved port security and anti-terrorism measures as key factors. This development is expected to enhance shipping operations and bolster economic activities in the region.
The Niger Delta Economic and Investment Summit (NDEIS) convenes in Port Harcourt, emphasizing the region's shift from oil dependency to a broader investment landscape. Stakeholders are urged to explore diverse economic avenues to stimulate growth and development in the region.
The much-anticipated Initial Public Offering (IPO) for Dangote Refinery commences on Monday, offering 4.1 billion shares at ₦525 each. This opportunity allows investors to participate in a pivotal player in Nigeria's energy sector.
Zenith Bank has launched multiple convenient channels for investors to subscribe to shares of the Dangote Refinery, enhancing accessibility for potential shareholders across Nigeria. The services are available through the bank's website, mobile app, and various other platforms.
Nigeria's National Tourism Development Authority (NTDA) is advocating for a structured tourism programme to enhance cooperation with China, aiming to attract more Chinese tourists to Nigeria. This initiative highlights the growing partnership between the two countries in the tourism sector.
Filling stations across Abuja have raised petrol prices as a direct response to a recent increase in the gantry price set by Dangote Petroleum Refinery. The adjustment marks a significant shift in fuel costs for consumers, with prices now averaging N1,350 per litre.
The recent announcement of a 6.7% increase in petrol and diesel prices by Dangote Petroleum Refinery is set to exacerbate economic challenges for Nigerians. As crude oil prices continue to climb, consumers can expect a ripple effect on living costs across the country.
During the BRICS Summit, Vice President Kashim Shettima met with WTO Director-General Ngozi Okonjo-Iweala, emphasizing Nigeria's commitment to multilateral trade and the significant contributions of its diaspora. Shettima's discussions highlighted the importance of global cooperation in addressing economic challenges.
A delegation from Katsina State, led by its Agriculture Commissioner, has explored the successful model of the Jigawa Research Institute, aiming to establish a similar agricultural research center in Katsina. This initiative signals a commitment to enhancing agricultural productivity and innovation within the state.
