Steel imports bleed Nigeria’s economy
Nigeria spent over N1 trillion on steel importation in 2025, according to available data from the National Bureau of Statistics, NBS.
Nigerians warned against purchasing recalled cars
Nigeria’s online car market place, Carmudi has warned Nigerians against purchasing recalled cars. Recalled cars are cars that automakers order for their return after releasing them to the market. This is always due to some technical problems resulting from parts omission in the factory during production.
Hardware dealers to quit Idumota over unfriendly business environment
OVER 2,550 traders under the umbrella of Tools and Hardware Dealers Association of Nigeria (TAHDAN) have concluded plans to move their businesses from Idumota area of Lagos Island to the Lagos International Trade Fair Complex, Badagry Express Way, due to unfriendly business environment.
IPMAN acquires 1,000 hectares for $3bn refineries in Kogi, Bayelsa
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday announced its commitment to provide leadership in establishing private refineries.
FG to privatise airports soon
The Director-General, Bureau of Public Enterprise, Mr Benjamin Dikki, said in Abuja that the privatization of federal airports in the country would commence soon.
Youth restiveness and unemployment in Nigeria: the way out part 2
Minister for Agriculture, Dr. Akinwumi Adesina noted that Nigeria’s unemployment rate is spiralling upwards, growing at 11 per cent yearly, According to him “Youth unemployment rate is over 50 per cent. Our unemployment rate is spiralling, driven by the wave of four million young people entering the workforce every year with only a small fraction able to find formal employment.
