The Federal Government has emphasized that the Nigerian maritime industry will play a crucial role in achieving the goal of attaining a $1 trillion economic growth by 2027. Pius Akuta, the Executive Secretary of the Nigerian Shippers Council, made this announcement during a courtesy visit to the Tincan Island Container Terminal Limited in Lagos on … Read more
Olanrewaju David Ogunmefun, better known as Vector Tha Viper, a Nigerian hip-hop artist, has spoken out about the attitudes of some of his colleagues and music professionals towards him. He claims that some of his colleagues are undermining his brand abroad. The ‘King Kong’ singer claims he has been labelled as “stubborn” and “troublesome” because … Read more
Oghenekowhoyan Onaibe Desmond, often known as Destalker, a stand-up comedian, has accused senior colleagues Basketmouth and Gordons of being anti-growth in the comedy profession.InformationGuideNigeria He made the claims on the current episode of The Honest Bunch Podcast, which is co-hosted by actor Chinedu Ani Emmanuel, alias Nedu. According to him, his name was previously mentioned … Read more
The Nigerian hospitality industry is feeling the heat of the economy. With the naira losing value and the cost of living on the rise, hotels, restaurants, and other tourist attractions are struggling to keep their doors open. The economy has a major influence on the hospitality industry in Nigeria, and it’s crucial to understand the … Read more
Problems Facing By Livestock Industry In Nigeria – 7 Problems Facing By Livestock Industry In Nigeria. The livestock industry in Nigeria faces a variety of challenges, including disease outbreaks, poor infrastructure, and lack of access to markets and financing. Additionally, the industry is affected by overgrazing and land degradation, as well as competition for resources … Read more
Importance Of the Hospitality Industry In Nigeria – The hospitality industry in Nigeria is a vast and continous growing sector that includes hotels, restaurants, tour agencies, and other businesses that cater to the needs of tourists and locals alike. The Nigerian hospitality industry is expected to contribute massively to Nigeria’s economic growth within the year, … Read more
Sola Obadimu, Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mining, and Agriculture, has stated that Nigeria’s current inflation rate poses a serious threat to the survival of businesses across the country. Obadimu forecasted that Nigeria’s inflation rate would rise further in 2023, while the naira would depreciate further.Information Guide Nigeria The NACCIMA … Read more
Kingsley Moghalu, a one time deputy governor of the Central Bank of Nigeria (CBN), has shown his support for the bank’s decision to redesign some of the country’s currency notes. Informaion Guide Nigeria He also said the bank does not need the permission of the finance ministry or any other agency of government before making … Read more
The petroleum industry bill was initiated in 2008. Since then, the bill has undergone so many debates. The past presidents refused to assent to it because of the problems associated with it. This time, President Mohammadu Buhari decided to assent to it in spite of the problems. On August 16, 2021, he signed the petroleum … Read more
In this article, I will discuss the role of industry in Nigeria economic development. Industry is defined as the economic activity concerned with the processing of raw materials and manufacturing of goods in factories. It is the art of harnessing raw materials and making products or goods out of these natural resources. Industry is the … Read more