High Rejection Rates Make Schengen Visas a Costly Gamble for Africans
Nigerians incurred €3.4 million in losses from Schengen visa application dismissals in 2023, recent data appears. A total of €3,435,200...
Oil Marketers Anticipate Cheaper Petrol as Dangote Refinery Commences Production
The pump price of petrol, ought to drop to around N300/litre upon the commencement of enormous production by the Dangote...
Major Investment Boosts Textile Industry: $3.5 Billion Injection Expected to Generate Thousands of Jobs in Nigeria
The Federal Government develops a recovery plan for Nigeria's cotton, and textile industry in collaboration with development partners and the...
Power Plant Sales Unveiled: Details of $1.15 Billion Deal Disclosed, Shedding Light on Future of Nigeria’s Energy Sector
Nigeria has reached the final stage of its plan to sell five key power plants at a cost of $1.15...
Nigeria’s Food & Beverage Imports Skyrocket: N1.5 Trillion Spent on Foreign Goods in Q1 2024, Signaling Continued Dependence
Nigeria's food and beverage import bill stood at N1.5 trillion in the first quarter of 2024, up 30% from N1.21...
Manufacturers Suffer from Rising Costs: Foreign Exchange Shortage and High Inflation Lead to a 20.7% Increase in Production Expenses -MAN
Chief Executive Officers in Nigeria's manufacturing sector have recorded foreign exchange (FX) volatility, inadequate power supply, and high inflation as...
Pepsi Celebrates New Visual Identity with Spectacular Digital Animations in Lagos and Abuja
Beverage giant Pepsi has introduced its new logo and visual identity in the Nigerian market.To celebrate the launch, Pepsi staged...
Minimum Wage Hike Proposed: Tripartite Commission to Suggest N62,000 Wage for Nigerian Workers Amid Economic Challenges
New figures from the National Tripartite Commission on Minimum Wage have emerged as the Federal Government and the organized private...
Energy Investment Set to Soar: IEA Predicts $3 Trillion Investment in Global Energy in 2024
A report by the International Energy Agency revealed that renewable energy sources are expected to attract $2 trillion globally by...
Consumer Rights Win: Tribunal Rejects Multichoice Nigeria’s Objection, Upholds Consumer Protection
A competition and shopper protection tribunal (CCPT) has fined Multichoice Nigeria N150 million for challenging the court's jurisdiction.In a ruling...
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Everton Frustrates Chelsea in Goalless Draw at Goodison
Chelsea’s title ambitions took a hit after a hard-fought 0-0 draw against a resilient Everton side at Goodison Park. Despite...
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