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Kano-Maradi Rail Project Takes Shape In Jigawa

The $1.96bn Kano-Katsina-Jigawa-Maradi rail project is still ongoing despite the recent tensions between Nigeria and the Niger Republic. Arewa PUNCH reports that the Kano-Katsina-Jigawa-Maradi rail project, which was approved by the Federal Executive Council in September 2020, aims to connect Kano, Katsina, and Jigawa states in Nigeria with Maradi in […]

Business News

Manufactures Record ₦1.4 Trillion Worth Of Unsold Goods In 2024 Due To Inflation

Manufacturing companies across all sub-sectors of the Manufacturing sector recorded approximately N1.4 trillion worth of unsold inventories in 2024. The President of the Manufacturers Association of Nigeria, Mr. Francis Meshioye, who shared the data at a Press briefing on Wednesday, attributed the loss to the high inflation rate and a […]

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GDP Rebasing Should Not Be Used To “Water Down” Nigeria’s Challenges – MAN DG

The Director-General of the Manufacturers Association of Nigeria, Mr. Segun Ajayi-Kadir, has advised the Nigerian government against using the rebasing of the Gross Domestic Product calculation and other economic reforms to downplay the country’s economic challenges. Mr. Ajayi-Kadir gave this counsel at a press briefing in Lagos on Wednesday. Nairametrics […]