Monday, December 23, 2024

Business

High interest rates and weakened Naira to sustain trade surplus and capital inflows until early 2025 —Analysts

Various financial and economic analysts have projected that foreign portfolio investment as well as Nigeria's trade surplus will persist into the fourth quarter of 2024 and early 2025. This outlook is supported by the weakening naira, which has made exports...

Indigenous shipowners lose hope over the disbursement of 350 million dollars from the CVFF

Indigenous shipowners have told the Nigerian Tribune that they have lost hope on the disbursement of the $350 million Coastal Vessel Financing Fund (CVFF) in the short term. The CVFF, generated from a 2 per cent surcharge on the contract...

Dangote Refinery, a marvel of modern technology —Ambassador of Japan, business community

The Dangote refinery and petrochemical complex has been hailed as a stunning masterpiece, showcasing Nigeria's technological advancements on the world stage. This award was shared by a delegation from the Japanese business community in Nigeria, led by the Ambassador-designate of...

Sweden Eases EU Blue Card Restrictions to Attract Global Talent in 2025

Sweden is making its EU Blue Card program better to bring in smart workers from outside Europe and keep them there. The government wants to lower the salary you need to get the card, let more...

NEITI: Solid Minerals Sector Contributed N1.137 Trillion to Government Revenue (2007-2023)

The Nigerian Extractive Industries Transparency Initiative, known as NEITI, shared some exciting news! They told us how Nigeria's solid minerals have given a big amount of money, N1.137 trillion, to the country's government—from 2007 to 2023. This...

Nigeria’s Printing Industry Faces N200 Billion Annual Loss to Foreign Printing, Says GUPPAN

Sure, here is a simplified and rewritten version of the blog post with HTML tags for clarity: <div> <p>Every year, Nigeria loses over N200 billion because many books get printed in other countries. This information comes from the Gutenberg...

Play Network’s ‘Hijack ‘93’ Breaks into Netflix’s Top 10 with 3.2 Million Views

'Hijack '93' is a new movie from Play Network Studios. It's doing really well on Netflix, showing up in their Top 10 list. In its first week, 3.2 million people watched it!The movie came out on October 25 and...

Canada’s Immigration Minister Supports Lowered Immigration Targets

Canada's Minister in charge of letting people move into the country, Marc Miller, explains why the government wants to invite fewer people to live here every year. This will start happening in 2025 and means fewer people coming to...

FG Allocates $618 Million to Boost Nigeria’s Digital and Creative Industries through iDICE Project

The government of Nigeria will spend $618 million on a project called iDICE. This project will help grow Nigeria's creative industries, like carnivals. Vice-President Kashim Shettima announced this when he met with people from the Abuja International Carnival at...

Canadian Province’s PNP Streams Introduce New Routes to Permanent Residency

Canada’s plan for bringing new people into the country in 2025 has changed. They are letting in fewer people through special programs called Provincial Nominee Programs (PNPs) by more than half.This change might mean more attention will be given...

Latest News

Fire destroys shops in Abia market

A fire has destroyed shops at Afia Nkwo market, Isiama Ohafia, in Ohafia Local Government Area of ​​Abia State. The...