Tag Archives: Economy

The Sea Empowerment Research Centre has said that with the right investments, policies and regulations, the maritime industry can play a crucial role in driving the country’s economy and connecting it to global market. The Center added that it is essential to address the myriads of challenges plaguing the industry and implement reforms that will enhance the efficiency and competitiveness of …

The CBN’s Economic Report for the review period showed that the rise was from $28.31 billion in the corresponding period of 2023. Data from the Central Bank of Nigeria said the net foreign exchange (FX) inflows through the economy rose by 65.7 per cent year-on-year (YoY) to $46.92 billion in the first ten months of 2024 (10m’24). The CBN’s Economic …

President has faced criticism since assuming office in May 2023 for his numerous reforms, chief among being the removal of fuel subsidies. Tinubu who is currently in Lagos for the Christmas and New Year festives gave the assurance when he paid a visit to Lagos Island on Friday. He assured that his administration is people-centric. He wrote in a statement …