DID YOU KNOW? Nigeria spends $6bn yearly importing clothes despite local textile potential

Nigeria spends an estimated $6 billion every year on imported clothing, according to the Federal Government, highlighting the scale of the country’s dependence on foreign garments despite its large domestic…

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Oyedele takes over as Finance Minister, pledges continuity of economic reforms

Taiwo Oyedele has formally assumed office as Nigeria’s Minister of Finance and Coordinating Minister of the Economy, succeeding Wale Edun after a handover process completed on Thursday, April 23, according…

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FG moves to address Jet A1 fuel price surge as airlines warn of operational strain

The federal government has begun emergency consultations to address rising Jet A1 aviation fuel prices and supply constraints after domestic airlines warned that escalating costs could threaten flight operations. The…

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