Tag: Nigerian Economy
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CAC Now Processes 10,000 Registrations Daily as AI Transforms Business Registration
The Corporate Affairs Commission (CAC) has disclosed that it now processes nearly 10,000 business registration requests daily, a significant leap from the “few hundreds”...
FAAC Deadlock Delays N1.9trn Allocation, January Salaries Hang in the Balance
A disagreement over the sharing of N1.969 trillion federation revenue has stalled disbursement to the three tiers of government for the second consecutive week,...
Crude Rises 6.2%, Petrol Jumps 14.3% as Marketers Push Pump Prices to N850
Nigerians are grappling with another sharp rise in petrol prices as oil marketers raised pump prices far above the rate of increase recorded in...
Manufacturers Spend ₦676.6bn on Alternative Power as Obi Faults Tinubu on Electricity Promise
Operators in Nigeria’s manufacturing sector spent a staggering ₦676.6 billion on alternative energy sources in the first half of 2025, the Manufacturers Association of...
Consumer Groups Protest NAFDAC in Lagos Over Planned Enforcement of Sachet Alcohol Ban
A coalition of consumer rights groups on Monday staged a protest at the Lagos office of the National Agency for Food and Drug Administration...
