Business - HenrisCounty

Onanuga hits at Obi, Atiku as ‘Nigeria’s external reserves reach $41 billion milestone’

Data published on Thursday by the Central Bank of Nigeria (CBN) has revealed, Nigeria reached an "external reserve of $41,001,830,139.96". Bayo Onanuga, Special Adviser to President Tinubu, said, the latest…

HenrisCounty August 21, 2025Atiku, bank, CBN, Economy, OnanugaNo Comments

Business

President Tinubu welcomes $5.5 billion commitment from Japan

President Bola Ahmed Tinubu, at the Ninth Tokyo International Conference on African Development (TICAD 9) in Japan, made clear Nigeria's position; he said, the country will always honour its armed…

HenrisCounty August 20, 2025Investment, Japan, Nigeria, TICAD, TinubuNo Comments

Business

President Tinubu targets over $1bn in trade and investment at TICAD9 in Japan

Nigeria's President, Bola Ahmed Tinubu, travelled to Japan with the aim to unlock "$1billion+" in trade and investment as Nigeria positions itself as the "heart and gateway" to the vast…

HenrisCounty August 20, 2025Nigeria, President, TICAD, TinubuNo Comments

Business

President Tinubu lands in Japan for TICAD9 summit

Nigeria's President, Bola Ahmed Tinubu, has arrived in the city of Tokyo, Japan to attend the Ninth Tokyo International Conference on African Development (TICAD9). The Summit is a scheduled to…

HenrisCounty August 19, 2025Ambassador, Japan, Nigeria, Summit, Tinubu, Tokyo, TuggarNo Comments

Business

MT Iyaloja: President Tinubu commissions WAGL’s 40,000 CBM LPG Vessel in South Korea

At the commissioning ceremony of a 40,000 cubic meters (CBM) Liquefied Petroleum Gas (LPG) vessel, christened “MT Iyaloja (Lagos),” in the city of Ulsan, South Korea, President Bola Ahmed Tinubu…

HenrisCounty August 18, 2025NigeriaNo Comments

Business

‘Small businesses greatest employers of labour’ – Obi says as he commissions restaurant owned by twin sisters

Peter Obi, African Democratic Congress (ADC) Coalition member, said, "in every economy, small businesses remain the greatest employers of labour." The former Governor of Anambra State made the statement when…

HenrisCounty August 18, 2025ADC, Airline, Asaba, business, CoalitionNo Comments

Business

‘Okonjo-Iweala’s comment is about suffering Nigerians not meaningless stability’ – ADC to FG

The African Democratic Congress (ADC) has urged the Federal Government to listen to what Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO) is not saying. The Coalition Party said,…

HenrisCounty August 15, 2025ADC, Economy, Okonjo-Iweala, Party, WTONo Comments

Business

Food Inflation Rate drop from 3.25% to 3.12% in July – NBS

The National Bureau of Statistics (NBS) reports, Food Inflation Rate dropped by 0.14% in July. It said, on a month-on-month basis, Food Inflation Rate in June 2025 was (3.25%) while…

HenrisCounty August 15, 2025Food, NBS, Rate, StatisticsNo Comments

Business

‘Ongoing reforms in right direction, economy stabilizing but we need to build more social safety nets’ – Okonjo-Iweala

Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), has hailed President Bola Ahmed Tinubu's ongoing reforms, saying, "they are in the right direction". She said, the "economy is now…

HenrisCounty August 15, 2025Economy, Nigeria, Okonjo-Iweala, Reforms, WTONo Comments

Business

‘Nigeria cannot attract sustainable foreign investment with poor leadership and governance’ – Peter Obi

Peter Obi, former Governor of Anambra State, said, it will be difficult for Nigeria to "attract sustainable foreign investment with poor leadership and governance." He made the statement as President…

HenrisCounty August 15, 2025Africa, FDI, Investment, Nigeria, Peter Obi, WorldNo Comments

Business

$1 Trillion Economy: ‘Our reforms have enhance our economic resilience’ – President Tinubu

President Bola Ahmed Tinubu said, the Renewed Hope Agenda's "difficult and bold" reforms have "enhanced our economic resilience". The President made the statement during his address at the Federal Executive…

HenrisCounty August 13, 2025Nigeria, President, TinubuNo Comments

Business

‘Nigeria’s forex reserves jumps from $37.195 billion to $40.159 billion’

Nigeria foreign exchange (Forex) reserves jumped from "$37.195 billion on July 1, 2025, to $40.159 billion on August 7", Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and…

HenrisCounty August 11, 2025Forex, Nigeria, Special AdviserNo Comments

Business

America having ‘huge positive impact’ in the Stock Market due to Tariffs – Trump

President of the United States (US), Donald Trump, has expressed joy as the American stock market experiences "huge positive impact" due to Tariffs. Trump said, America is setting new records…

HenrisCounty August 8, 2025Court, President, tariff, Trump, USNo Comments

Business

President Tinubu ‘treating poverty as a solvable problem’ – Presidency

The Presidency through Sunday Dare, Special Adviser on Media and Public Communication to the President, has said, the Tinubu government is "finally" tackling "poverty" as a "solvable problem". This is…

HenrisCounty August 8, 2025government, Presidency, Tinubu, UNICEF, World BankNo Comments

Business

VAT for Q4 growth rate of 9.23% at ₦1.95 trillion -NBS

The National Bureau of Statistics (NBS) reports Value Added Tax (VAT) for Q4 2024 reveals a growth rate of 9.23% at ₦1.95 trillion. According to the NBS: "On aggregate, Value…

HenrisCounty August 7, 2025Agriculture, NBS, Nigeria, Statistics, VATNo Comments

Business

FAAC disburse ₦2.94 trillion to three tiers of government in June 2025

The National Bureau of Statistics (NBS) reports, the sum of ₦2.94 trillion was disbursed by the Federation Account Allocation Committee (FAAC) to the three tiers of government in June 2025.…

HenrisCounty August 6, 2025FG, government, NBS, State, StatisticsNo Comments

Business

$1 trillion economy: President Tinubu assents to Nigerian Insurance Industry Reform Bill 2025 for financial sector transformation

President Bola Ahmed Tinubu has assented to the Nigerian Insurance Industry Reform Bill, 2025 to advance the financial sector of the country. The Bill will also speed up Nigeria's target…

HenrisCounty August 6, 2025Bill, Economy, Nigeria, President, TinubuNo Comments

Business

Governor Eno disburse ₦401m to over 1,000 beneficiaries to ‘grow grassroot businesses’

Executive Governor of Akwa Ibom State, Umo Eno, has announced the disbursement of ₦401 million in business support grants to more than "1,000 beneficiaries" to enable them "grow grassroots businesses…

HenrisCounty August 3, 2025Eno, people, ProjectNo Comments

Business

‘We are focused on building a resilient and diversified economy’ – CBN Governor Cardoso

Olayemi Cardoso, Governor of Central Bank of Nigeria (CBN), said, "reinforcing our domestic financial core while forging strategic international partnerships" will lead to a "resilient and diversified economy". The CBN…

HenrisCounty August 1, 2025Cardoso, CBN, Delegation, NigeriaNo Comments

Business

China ready to improve communication with US for ‘stable and sustainable’ China-US relations

China through its Foreign Minister, Wang Yi, said, the Asian country is "willing" to enhance communication with the United States (US) for the promotion of "stable, sound, and sustainable" relations…

HenrisCounty July 31, 2025business, Chinese, Jinping, MFA, USNo Comments