Business news in nigeria till date

Here are some of the latest business news in Nigeria till date:

Economy

  1. Nigeria's economy grew by 2.27% in the first quarter of 2023, according to the National Bureau of Statistics (NBS). (Source: NBS)
  2. 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: CBN)
  3. The Federal Government has launched a new initiative to promote local content in the oil and gas sector, aimed at increasing the participation of Nigerian companies in the industry. (Source: Federal Ministry of Petroleum Resources)

Banking and Finance

  1. The CBN has approved the merger of two banks, Sterling Bank and Union Bank, to create a stronger and more competitive banking institution. (Source: CBN)
  2. The Nigerian Stock Exchange (NSE) has launched a new index, the NSE 30, which tracks the performance of the top 30 companies listed on the exchange. (Source: NSE)
  3. The Federal Government has announced plans to establish a new development bank to provide financing for small and medium-sized enterprises (SMEs). (Source: Federal Ministry of Finance)

Manufacturing and Industry

  1. The Federal Government has launched a new initiative to promote the growth of the manufacturing sector, aimed at increasing the country's production capacity and reducing reliance on imports. (Source: Federal Ministry of Industry, Trade and Investment)
  2. The Nigerian National Petroleum Corporation (NNPC) has announced plans to invest in the development of the country's petrochemical industry, aimed at increasing the production of petrochemical products. (Source: NNPC)
  3. The Federal Government has approved the establishment of a new fertilizer plant in the country, aimed at increasing the production of fertilizers and reducing the country's reliance on imports. (Source: Federal Ministry of Agriculture and Rural Development)

Technology and Telecommunications

  1. The Federal Government has launched a new initiative to promote the growth of the technology sector, aimed at increasing the country's digital economy and reducing the country's reliance on foreign technology. (Source: Federal Ministry of Communications and Digital Economy)
  2. The Nigerian Communications Commission (NCC) has announced plans to introduce a new policy aimed at promoting the growth of the country's telecommunications sector. (Source: NCC)
  3. The Federal Government has approved the establishment of a new technology park in the country, aimed at promoting the growth of the technology sector and creating jobs. (Source: Federal Ministry of Science, Technology and Innovation)

Energy and Power

  1. The Federal Government has launched a new initiative to promote the growth of the power sector, aimed at increasing the country's power generation capacity and reducing the country's reliance on imported power. (Source: Federal Ministry of Power)
  2. The Nigerian Electricity Regulatory Commission (NERC) has announced plans to introduce a new policy aimed at promoting the growth of the country's power sector. (Source: NERC)
  3. The Federal Government has approved the establishment of a new power plant in the country, aimed at increasing the country's power generation capacity and reducing the country's reliance on imported power. (Source: Federal Ministry of Power)

Agriculture

  1. The Federal Government has launched a new initiative to promote the growth of the agricultural sector, aimed at increasing the country's food production and reducing the country's reliance on imported food. (Source: Federal Ministry of Agriculture and Rural Development)
  2. The Nigerian Agricultural Quarantine Service (NAQS) has announced plans to introduce a new policy aimed at promoting the growth of the country's agricultural sector. (Source: NAQS)
  3. The Federal Government has approved the establishment of a new agricultural processing zone in the country, aimed at promoting the growth of the agricultural sector and creating jobs. (Source: Federal Ministry of Agriculture and Rural Development)

These are just a few of the latest business news in Nigeria till date.