Manufacturers deepen local raw materials sourcing, up 11% in 3yrs
By Yinka Kolawole Nigeria’s manufacturing sector recorded a steady increase in the use of locally sourced raw materials between 2021 and 2024, with the share rising from 51.5 per cent in 2021 to 57.1 per cent in 2024, as foreign exchange pressures, naira depreciation and rising import costs pushed manufacturers towards domestic alternatives. Data from […]
New presidential fertilizer initiative will trigger high prices, farmers tell Tinubu
By Gabriel Ewepu FARMERS under the auspices of the Coalition of Farmers Association of Nigeria, COFAN, and Himma Youth Farmers Association of Nigeria, HYFAN, yesterday, asserted that the new Presidential Fertilizer Initiative, PFI, will trigger high cost of fertilizers. The National President of COFAN, Dr Abubakar Bamai, said that the move by the government with the […]
PENGASSAN’s strike plunged oil output by 16% – NNPCL
By Yinka Kolawole, with agency report The brief nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has led to a significant drop in oil and gas production in Nigeria. According to the Nigerian National Petroleum Company Limited (NNPCL), crude oil output recorded a reduction of about 283,000 barrels per day, […]
Investors gain N171bn as bullish sentiment persists
Specifically, the market capitalisation, which opened at N90.580 trillion, gained N171 billion or 0.19 per cent to settle at N90.751 trillion.
Why you’re always broke — and how to fix it (2)
The main reason many people remain broke is simple: their income is smaller than their expenses.
Why you’re always broke — and how to fix it (1)
It is abnormal for you to always be broke, not having money to meet your basic needs and obligations. It is a symptom of money habits.
