Buisness news nigeria

Here are some recent business news from Nigeria:

Economy

• Nigeria's economy grew by 2.27% in the third quarter of 2022, according to the National Bureau of Statistics (NBS). (Source: Vanguard)
• The Central Bank of Nigeria (CBN) has introduced a new policy to reduce the country's reliance on foreign exchange, aimed at boosting local production and reducing importation. (Source: ThisDay)

Investments

• The Nigerian government has approved a $1.5 billion investment in the country's power sector by the African Development Bank (AfDB). (Source: Premium Times)
• The United States has announced a $100 million investment in Nigeria's agricultural sector, aimed at improving food security and reducing poverty. (Source: Leadership)

Companies

• MTN Nigeria, the country's largest telecommunications company, has launched a new mobile money service, called "MTN MoMo". (Source: BusinessDay)
• Dangote Cement, the country's largest cement producer, has announced plans to increase its production capacity by 30% in the next two years. (Source: The Nation)

Finance

• The Nigerian Stock Exchange (NSE) has launched a new index, the NSE All-Share Index, aimed at tracking the performance of the country's stock market. (Source: ThisDay)
• The CBN has introduced a new policy to encourage lending to small and medium-sized enterprises (SMEs), aimed at boosting economic growth. (Source: Vanguard)

Energy

• The Nigerian National Petroleum Corporation (NNPC) has announced plans to increase its oil production capacity by 10% in the next two years. (Source: Leadership)
• The CBN has launched a new initiative to promote the use of renewable energy in Nigeria, aimed at reducing the country's reliance on fossil fuels. (Source: BusinessDay)

Infrastructure

• The Nigerian government has announced plans to invest $10 billion in the country's transportation sector over the next five years. (Source: Premium Times)
• The CBN has launched a new initiative to promote the development of infrastructure in Nigeria, aimed at boosting economic growth and reducing poverty. (Source: Vanguard)

These are just a few examples of recent business news from Nigeria.