By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has charged the Federal government to channel all diplomatic efforts towards boosting foreign trade and expanding non-oil exports to the level of trade surplus in 2025. Direct General of LCCI, Dr Chinyere Almona, stated this in a statement responding to the New Year speech by […]

By Elizabeth Adegbesan The net foreign exchange (FX) inflows through the economy rose by 65.7 percent year-on-year (YoY) to $46.92 billion in the first ten months  of 2024 (10m’24) from $28.31 billion in the corresponding period of 2023. Data from the Central Bank of Nigeria, CBN, Economic Report for the review period showed that aggregate forex […]

“All data, metrics and consequent statistics confirm that the Nigerian private sector has borne fully, the negative burdens of the current economic reform”

By Godwin Oritse Logistics expert and former Vice President of the Chartered Institute of Logistics and Transport (CILT), Dr. Alban Igwe, has forecasted a potential 63% growth in Nigeria’s service sector contribution to its Gross Domestic Product (GDP) by 2025. Speaking at the 2024 Nigeria Supply Chain Leadership Summit held at the Movenpick Hotel in Ikoyi, […]

By Ibrahim Hassan-Wuyo Kaduna—A victim of the 2015 bloody clash between the Shiites and soldiers, in Zaria, Kaduna State, Malam Mustapha, who claimed to have been shot by security operatives during the violent encounter, said he is now paralysed. “Today I am paralyzed, moving on a wheelchair. My father and two of my brothers were […]