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Article Summary MAN has said unsold goods in 2022 reached N469.66 billion This is due to several factors including the low purchasing power of Nigerians due...
Article Summary India is mostly focused on Russian crude over crude from Africa and the Middle East. Russia remained the top oil supplier to India for...
Article Summary The continuous rate hikes embarked upon by the CBN since May 2022 have not kept the inflation rate under check. Inflation figures going up...
Article Summary Nigerian businesses that depend on diesel to run their operations have seen a 55% increase in their operating costs in one year due to...
Key highlights The link between inflation and energy costs is well-established, and it is likely that businesses in Nigeria will continue to grapple with rising energy...
Key highlights FG plans to double cashew exports in 202 to $500 million. The value of total trade in agricultural goods in Q4 2022 stood at...
Key highlights Kerosene costs per litre have increased by over 100% in the past year, especially in the southeast and northeast zones. Data from the National...
Key highlights Nigeria’s economy has shown significant growth, with several sectors recording remarkable progress in recent years. The country’s overall GDP growth rate has slowed down...
The National Bureau of Statistics (NBS) disclosed in its latest Foreign Trade Statistics Report that superior-quality cocoa beans topped Nigeria’s agricultural exports in the fourth quarter...