December 15, 2022

Economic woes reason for massive loan defaults -Experts

According to economic experts, inflation, energy costs, and foreign exchange issues are driving industries and enterprises into insolvency, non-profitability, and the inability to repay loans from […]
December 10, 2022

Russian companies bid for Ajaokuta steel works

The Nigerian government says 11 companies have indicated interest to take over Ajaokuta Steel Company on a concession basis. Three of the 11 bidders are Russian […]
December 6, 2022

NNPCL signs multilateral agreement on the Nigeria-Morocco Gas Project

The Nigerian National Petroleum Company Limited has signed five multilateral agreements on the Nigeria-Morocco Gas Pipeline Project with the national oil companies and relevant entities of […]
December 3, 2022

Manufacturing sector improves while consumer confidence tanks

Nigeria’s purchasing manager index (PMI), which measures the overall health of the manufacturing sector as well as its direction, improved further in November as demand for […]