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        <title>Onyeali&amp;Ikpe, Rewane urge Nigerians in diaspora to invest in local economy</title>
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        <title>Inside Plateau’s mining sites of vicious clashes and death</title>
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        <title>FG seals Plateau mining site after death of 37 from toxic gas exposure</title>
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        <title>FG deploys N11.7bn to power MSME growth</title>
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        <title>Capital importation jumps by 380% to $6bn in Q3 2025 – NBS</title>
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        <title>Telecom FDI inflows rebound to $208.51 million in Q3 2025</title>
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        <title>Stanbic Insurance gets A, A1 ratings from Agusto</title>
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        <title>Free zones drive $500m exports, 20,000 jobs – FG</title>
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        <title>FG mulls 50% textile sector upgrade</title>
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        <pubDate>Tue, 23 Dec 2025 05:21:20 +0100</pubDate>
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        <title>Oil earnings fall short by N16.2tn</title>
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        <title>NBS: Nigeria recorded N6trn trade surplus in Q3 | India, Spain top export destinations</title>
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        <pubDate>Fri, 12 Dec 2025 09:38:41 +0100</pubDate>
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        <title>FCMB Capital Markets named Nigeria’s best corporate bond house</title>
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        <pubDate>Thu, 11 Dec 2025 05:22:51 +0100</pubDate>
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        <title>N9.16tn manufacturing output dampened by weak expansion</title>
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        <pubDate>Thu, 11 Dec 2025 05:22:30 +0100</pubDate>
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        <title>Agricultural trade between Nigeria, U.S. projected to exceed $700 million in 2025</title>
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        <pubDate>Wed, 10 Dec 2025 05:30:36 +0100</pubDate>
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        <title>Envoy: Nigeria hit $10bn trade surplus with EU in 2025</title>
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        <pubDate>Thu, 04 Dec 2025 10:21:15 +0100</pubDate>
        <dc:creator>admin</dc:creator>
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        <title>BAT Nigeria recognised for $300m export, others</title>
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        <pubDate>Sat, 22 Nov 2025 06:00:34 +0100</pubDate>
        <dc:creator>admin</dc:creator>
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        <title>Imo automobile firm to create 5,000 jobs</title>
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        <pubDate>Fri, 21 Nov 2025 06:03:27 +0100</pubDate>
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        <title>Shettima urges auto manufacturers to expand CNG, electric vehicle production</title>
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        <pubDate>Wed, 19 Nov 2025 06:28:42 +0100</pubDate>
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        <title>Access Bank Launches SME Academy To Tackle Business Failure Rate</title>
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        <pubDate>Sat, 15 Nov 2025 05:47:36 +0100</pubDate>
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        <title>NAFDAC’s sachet alcohol ban could wipe out N1.9 trillion investment, MAN warns</title>
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        <pubDate>Thu, 13 Nov 2025 09:42:50 +0100</pubDate>
        <dc:creator>admin</dc:creator>
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        <title>How blue economy can boost job creation in Africa, by Dantsoho</title>
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        <pubDate>Tue, 11 Nov 2025 11:14:44 +0100</pubDate>
        <dc:creator>admin</dc:creator>
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        <title>Dele Alake: Mining marshals have transformed Nigeria’s extractive sector, boosted solid minerals revenue</title>
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        <pubDate>Sat, 01 Nov 2025 06:47:37 +0100</pubDate>
        <dc:creator>admin</dc:creator>
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        <title>Coleman Wires Launches Africa&amp;apos;s Largest Fibre Optic Factory In Nigeria</title>
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        <pubDate>Fri, 31 Oct 2025 11:14:10 +0100</pubDate>
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        <title>MAN projects 14% inflation rate, 23% benchmark interest in 2026</title>
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        <pubDate>Wed, 29 Oct 2025 12:06:23 +0100</pubDate>
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        <title>BoI: funding, skills gap hinder ESG adoption by MSMEs</title>
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        <pubDate>Wed, 29 Oct 2025 12:06:23 +0100</pubDate>
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        <title>Nigeria Imports 99% of medical devices — PVAS Boss</title>
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        <pubDate>Wed, 29 Oct 2025 12:06:14 +0100</pubDate>
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        <title>Nigeria spends $600 million importing palm oil yearly; is there an opportunity here?</title>
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        <pubDate>Mon, 27 Oct 2025 15:19:46 +0100</pubDate>
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        <title>Roxettes Group mulls relocating plants from Southeast to Lagos over insecurity</title>
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        <pubDate>Mon, 27 Oct 2025 06:00:02 +0100</pubDate>
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        <title>Germany&amp;Nigeria trade volume rises 30% to €3 billion – Ambassador</title>
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    </item>
    <item>
        <title>Gold sheds over 5% after strong rally, worst daily decline since 2020</title>
        <link>https://nairaandkobo.ng/gold-sheds-over-5-after-strong-rally-worst-daily-decline-since-2020</link>
        <guid>https://nairaandkobo.ng/gold-sheds-over-5-after-strong-rally-worst-daily-decline-since-2020</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68f9b557354dc.jpg" length="86607" type="image/jpeg"/>
        <pubDate>Thu, 23 Oct 2025 14:45:23 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Steel rod prices in Nigeria rise by up to 210% in two years</title>
        <link>https://nairaandkobo.ng/steel-rod-prices-in-nigeria-rise-by-up-to-210-in-two-years</link>
        <guid>https://nairaandkobo.ng/steel-rod-prices-in-nigeria-rise-by-up-to-210-in-two-years</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68f76919c7110.jpg" length="102337" type="image/jpeg"/>
        <pubDate>Tue, 21 Oct 2025 15:35:46 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>BOI, Bumpa to boost MSME digital access</title>
        <link>https://nairaandkobo.ng/boi-bumpa-to-boost-msme-digital-access</link>
        <guid>https://nairaandkobo.ng/boi-bumpa-to-boost-msme-digital-access</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68f1c8bb25f49.jpg" length="419392" type="image/jpeg"/>
        <pubDate>Fri, 17 Oct 2025 05:43:34 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Fed Govt targets 1,000 SME listings on capital market</title>
        <link>https://nairaandkobo.ng/fed-govt-targets-1000-sme-listings-on-capital-market</link>
        <guid>https://nairaandkobo.ng/fed-govt-targets-1000-sme-listings-on-capital-market</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68f1c819124f7.jpg" length="67805" type="image/jpeg"/>
        <pubDate>Fri, 17 Oct 2025 05:43:24 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Dele Alake plans gold&amp;for&amp;naira programme to boost foreign reserves</title>
        <link>https://nairaandkobo.ng/dele-alake-plans-gold-for-naira-programme-to-boost-foreign-reserves</link>
        <guid>https://nairaandkobo.ng/dele-alake-plans-gold-for-naira-programme-to-boost-foreign-reserves</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202401/image_870x580_65b33ef9cac8e.jpg" length="52280" type="image/jpeg"/>
        <pubDate>Thu, 16 Oct 2025 06:32:41 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Cardoso Projects Nigeria’s Trade Surplus At 6% Of GDP</title>
        <link>https://nairaandkobo.ng/cardoso-projects-nigerias-trade-surplus-at-6-of-gdp</link>
        <guid>https://nairaandkobo.ng/cardoso-projects-nigerias-trade-surplus-at-6-of-gdp</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202507/image_870x580_688b5d1bd9d7f.jpg" length="39375" type="image/jpeg"/>
        <pubDate>Wed, 15 Oct 2025 05:40:12 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria @ 65: Manufacturers highlight major pain points</title>
        <link>https://nairaandkobo.ng/nigeria-65-manufacturers-highlight-major-pain-points</link>
        <guid>https://nairaandkobo.ng/nigeria-65-manufacturers-highlight-major-pain-points</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68ece84e73e37.jpg" length="342163" type="image/jpeg"/>
        <pubDate>Mon, 13 Oct 2025 13:07:36 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>‘Nigeria losing N900b annually to trade inefficiencies’</title>
        <link>https://nairaandkobo.ng/nigeria-losing-n900b-annually-to-trade-inefficiencies</link>
        <guid>https://nairaandkobo.ng/nigeria-losing-n900b-annually-to-trade-inefficiencies</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68ece8fdad51f.jpg" length="36275" type="image/jpeg"/>
        <pubDate>Mon, 13 Oct 2025 13:07:36 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Dele Alake: Some mining operators are threatening international arbitration over revoked licences</title>
        <link>https://nairaandkobo.ng/dele-alake-some-mining-operators-are-threatening-international-arbitration-over-revoked-licences</link>
        <guid>https://nairaandkobo.ng/dele-alake-some-mining-operators-are-threatening-international-arbitration-over-revoked-licences</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202401/image_870x580_65b33ef9cac8e.jpg" length="52280" type="image/jpeg"/>
        <pubDate>Sat, 11 Oct 2025 07:52:30 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>National Single Window project’ll reduce cargo clearance costs — CRFFN</title>
        <link>https://nairaandkobo.ng/national-single-window-projectll-reduce-cargo-clearance-costs-crffn</link>
        <guid>https://nairaandkobo.ng/national-single-window-projectll-reduce-cargo-clearance-costs-crffn</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68e8e58de79f0.jpg" length="430126" type="image/jpeg"/>
        <pubDate>Fri, 10 Oct 2025 11:55:54 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>RMAFC unveils new data reporting templates to track solid mineral revenue</title>
        <link>https://nairaandkobo.ng/rmafc-unveils-new-data-reporting-templates-to-track-solid-mineral-revenue</link>
        <guid>https://nairaandkobo.ng/rmafc-unveils-new-data-reporting-templates-to-track-solid-mineral-revenue</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68e5f4718a1a1.jpg" length="96886" type="image/jpeg"/>
        <pubDate>Wed, 08 Oct 2025 06:34:23 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>How sesame seeds export can drive non&amp;oil exports, by NEPC</title>
        <link>https://nairaandkobo.ng/how-sesame-seeds-export-can-drive-non-oil-exports-by-nepc</link>
        <guid>https://nairaandkobo.ng/how-sesame-seeds-export-can-drive-non-oil-exports-by-nepc</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68e50f496e09a.jpg" length="207042" type="image/jpeg"/>
        <pubDate>Tue, 07 Oct 2025 14:09:14 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria’s Mineral Wealth Still An ‘Unexploited Benefit’, Says Analyst</title>
        <link>https://nairaandkobo.ng/nigerias-mineral-wealth-still-an-unexploited-benefit-says-analyst</link>
        <guid>https://nairaandkobo.ng/nigerias-mineral-wealth-still-an-unexploited-benefit-says-analyst</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68e3b70b8b52c.jpg" length="85723" type="image/jpeg"/>
        <pubDate>Mon, 06 Oct 2025 13:59:31 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Payaza sets new African Fintech Standard with N20.3 billion ($13.5M) Debt Redemption and Triple Credit Rating upgrades</title>
        <link>https://nairaandkobo.ng/payaza-sets-new-african-fintech-standard-with-n203-billion-135m-debt-redemption-and-triple-credit-rating-upgrades</link>
        <guid>https://nairaandkobo.ng/payaza-sets-new-african-fintech-standard-with-n203-billion-135m-debt-redemption-and-triple-credit-rating-upgrades</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68e3b4afd3bec.jpg" length="354984" type="image/jpeg"/>
        <pubDate>Mon, 06 Oct 2025 13:59:31 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>High interest rates put Nigerian manufacturers at competitive disadvantage — MAN</title>
        <link>https://nairaandkobo.ng/high-interest-rates-put-nigerian-manufacturers-at-competitive-disadvantage-man</link>
        <guid>https://nairaandkobo.ng/high-interest-rates-put-nigerian-manufacturers-at-competitive-disadvantage-man</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68e3a115a8a48.jpg" length="35477" type="image/jpeg"/>
        <pubDate>Mon, 06 Oct 2025 12:40:08 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nearly two&amp;thirds of Nigerian MSMEs owners are 26–45 age group</title>
        <link>https://nairaandkobo.ng/nearly-two-thirds-of-nigerian-msmes-owners-are-2645-age-group</link>
        <guid>https://nairaandkobo.ng/nearly-two-thirds-of-nigerian-msmes-owners-are-2645-age-group</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68e3a7fb5eb3a.jpg" length="100420" type="image/jpeg"/>
        <pubDate>Mon, 06 Oct 2025 12:40:08 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria’s trade with African countries surges by N610bn</title>
        <link>https://nairaandkobo.ng/nigerias-trade-with-african-countries-surges-by-n610bn</link>
        <guid>https://nairaandkobo.ng/nigerias-trade-with-african-countries-surges-by-n610bn</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68e37582293dc.jpg" length="25603" type="image/jpeg"/>
        <pubDate>Mon, 06 Oct 2025 09:16:28 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Blue economy grossly underfunded, says Perm Sec</title>
        <link>https://nairaandkobo.ng/blue-economy-grossly-underfunded-says-perm-sec</link>
        <guid>https://nairaandkobo.ng/blue-economy-grossly-underfunded-says-perm-sec</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202510/image_870x580_68de300860447.jpg" length="329631" type="image/jpeg"/>
        <pubDate>Thu, 02 Oct 2025 09:01:36 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG recommits to MSME growth</title>
        <link>https://nairaandkobo.ng/fg-recommits-to-msme-growth</link>
        <guid>https://nairaandkobo.ng/fg-recommits-to-msme-growth</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68db87ff06e36.jpg" length="82316" type="image/jpeg"/>
        <pubDate>Tue, 30 Sep 2025 08:58:33 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria Exported Petrol Worth N371bn In Q2 – NBS</title>
        <link>https://nairaandkobo.ng/nigeria-exported-petrol-worth-n371bn-in-q2-nbs</link>
        <guid>https://nairaandkobo.ng/nigeria-exported-petrol-worth-n371bn-in-q2-nbs</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68db8d156be19.jpg" length="388198" type="image/jpeg"/>
        <pubDate>Tue, 30 Sep 2025 08:58:33 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>CAC, SMEDAN unveil free registration for 250,000 businesses</title>
        <link>https://nairaandkobo.ng/cac-smedan-unveil-free-registration-for-250000-businesses</link>
        <guid>https://nairaandkobo.ng/cac-smedan-unveil-free-registration-for-250000-businesses</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68d76ac8571bc.jpg" length="134076" type="image/jpeg"/>
        <pubDate>Sat, 27 Sep 2025 06:19:15 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Local producers struggle as textile imports hit N566bn</title>
        <link>https://nairaandkobo.ng/local-producers-struggle-as-textile-imports-hit-n566bn</link>
        <guid>https://nairaandkobo.ng/local-producers-struggle-as-textile-imports-hit-n566bn</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68d2673500d22.jpg" length="69121" type="image/jpeg"/>
        <pubDate>Tue, 23 Sep 2025 10:55:39 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria&amp;UAE non&amp;oil trade hits record $4.3bn</title>
        <link>https://nairaandkobo.ng/nigeria-uae-non-oil-trade-hits-record-43bn</link>
        <guid>https://nairaandkobo.ng/nigeria-uae-non-oil-trade-hits-record-43bn</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68d267e45c13f.jpg" length="108847" type="image/jpeg"/>
        <pubDate>Tue, 23 Sep 2025 10:55:39 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>China&amp;Nigeria trade hits $15.48billion in 7 months – Yan Yuqing</title>
        <link>https://nairaandkobo.ng/china-nigeria-trade-hits-1548billion-in-7-months-yan-yuqing</link>
        <guid>https://nairaandkobo.ng/china-nigeria-trade-hits-1548billion-in-7-months-yan-yuqing</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68d123dc2b7c1.jpg" length="120680" type="image/jpeg"/>
        <pubDate>Mon, 22 Sep 2025 12:00:35 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG revokes 1,263 mineral licences over default</title>
        <link>https://nairaandkobo.ng/fg-revokes-1263-mineral-licences-over-default</link>
        <guid>https://nairaandkobo.ng/fg-revokes-1263-mineral-licences-over-default</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68d110b566e5f.jpg" length="78310" type="image/jpeg"/>
        <pubDate>Mon, 22 Sep 2025 10:24:51 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>UK envoy: Nigeria&amp;UK N16tr current trade value highest ever</title>
        <link>https://nairaandkobo.ng/uk-envoy-nigeria-uk-n16tr-current-trade-value-highest-ever</link>
        <guid>https://nairaandkobo.ng/uk-envoy-nigeria-uk-n16tr-current-trade-value-highest-ever</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68cbc0fb8e61a.jpg" length="48388" type="image/jpeg"/>
        <pubDate>Thu, 18 Sep 2025 10:49:22 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>N12.64tn trade surplus offers relief for FX market – Analysts</title>
        <link>https://nairaandkobo.ng/n1264tn-trade-surplus-offers-relief-for-fx-market-analysts</link>
        <guid>https://nairaandkobo.ng/n1264tn-trade-surplus-offers-relief-for-fx-market-analysts</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68c94c23481c1.jpg" length="76633" type="image/jpeg"/>
        <pubDate>Tue, 16 Sep 2025 13:25:55 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Sunbeth Global Concepts secures top credit score amid growth surge</title>
        <link>https://nairaandkobo.ng/sunbeth-global-concepts-secures-top-credit-score-amid-growth-surge</link>
        <guid>https://nairaandkobo.ng/sunbeth-global-concepts-secures-top-credit-score-amid-growth-surge</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68c9543d62d78.jpg" length="51480" type="image/jpeg"/>
        <pubDate>Tue, 16 Sep 2025 13:25:55 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>CPPE to FG: Ban on shea nut export exposes exporters to legal risk</title>
        <link>https://nairaandkobo.ng/cppe-to-fg-ban-on-shea-nut-export-exposes-exporters-to-legal-risk</link>
        <guid>https://nairaandkobo.ng/cppe-to-fg-ban-on-shea-nut-export-exposes-exporters-to-legal-risk</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68c80f9d73477.jpg" length="114280" type="image/jpeg"/>
        <pubDate>Mon, 15 Sep 2025 14:34:49 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>India Expands Crude Purchase From Nigeria</title>
        <link>https://nairaandkobo.ng/india-expands-crude-purchase-from-nigeria</link>
        <guid>https://nairaandkobo.ng/india-expands-crude-purchase-from-nigeria</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68be8cebb7e91.jpg" length="249063" type="image/jpeg"/>
        <pubDate>Mon, 08 Sep 2025 09:38:49 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>‘How to close MSMEs $5.7 trillion financing gap’</title>
        <link>https://nairaandkobo.ng/how-to-close-msmes-57-trillion-financing-gap</link>
        <guid>https://nairaandkobo.ng/how-to-close-msmes-57-trillion-financing-gap</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68be8dc5ac99e.jpg" length="67805" type="image/jpeg"/>
        <pubDate>Mon, 08 Sep 2025 09:38:49 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Non&amp;oil revenue jumps 40% to N20.6tn – Presidency</title>
        <link>https://nairaandkobo.ng/non-oil-revenue-jumps-40-to-n206tn-presidency</link>
        <guid>https://nairaandkobo.ng/non-oil-revenue-jumps-40-to-n206tn-presidency</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202509/image_870x580_68b926eea83c0.jpg" length="52095" type="image/jpeg"/>
        <pubDate>Thu, 04 Sep 2025 07:27:20 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Oyetola promises action against illegal fishing</title>
        <link>https://nairaandkobo.ng/oyetola-promises-action-against-illegal-fishing</link>
        <guid>https://nairaandkobo.ng/oyetola-promises-action-against-illegal-fishing</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202508/image_870x580_6894d7992ff67.jpg" length="93349" type="image/jpeg"/>
        <pubDate>Tue, 02 Sep 2025 10:23:44 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Non&amp;oil exports well&amp;positioned as Nigeria’s new FX source, says NOA</title>
        <link>https://nairaandkobo.ng/non-oil-exports-well-positioned-as-nigerias-new-fx-source-says-noa</link>
        <guid>https://nairaandkobo.ng/non-oil-exports-well-positioned-as-nigerias-new-fx-source-says-noa</guid>
        <description><![CDATA[  ]]></description>
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        <pubDate>Mon, 01 Sep 2025 09:32:28 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Switzerland backs Nigeria’s bid for IMO Category ‘C’ Seat</title>
        <link>https://nairaandkobo.ng/switzerland-backs-nigerias-bid-for-imo-category-c-seat</link>
        <guid>https://nairaandkobo.ng/switzerland-backs-nigerias-bid-for-imo-category-c-seat</guid>
        <description><![CDATA[  ]]></description>
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        <pubDate>Mon, 01 Sep 2025 09:32:28 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigerian manufacturers to shift 4% import levy costs to consumers, warn of higher inflation</title>
        <link>https://nairaandkobo.ng/nigerian-manufacturers-to-shift-4-import-levy-costs-to-consumers-warn-of-higher-inflation</link>
        <guid>https://nairaandkobo.ng/nigerian-manufacturers-to-shift-4-import-levy-costs-to-consumers-warn-of-higher-inflation</guid>
        <description><![CDATA[  ]]></description>
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        <pubDate>Tue, 26 Aug 2025 13:22:33 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Afreximbank To Support New Energy Transactions In Africa</title>
        <link>https://nairaandkobo.ng/afreximbank-to-support-new-energy-transactions-in-africa</link>
        <guid>https://nairaandkobo.ng/afreximbank-to-support-new-energy-transactions-in-africa</guid>
        <description><![CDATA[  ]]></description>
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        <pubDate>Sat, 23 Aug 2025 07:49:45 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Group To Promote Nigerian Artistry In Jewellery Design</title>
        <link>https://nairaandkobo.ng/group-to-promote-nigerian-artistry-in-jewellery-design</link>
        <guid>https://nairaandkobo.ng/group-to-promote-nigerian-artistry-in-jewellery-design</guid>
        <description><![CDATA[  ]]></description>
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        <pubDate>Sat, 23 Aug 2025 07:49:45 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>NPA lauds NEPC for boosting exports, pledges to improve port operations</title>
        <link>https://nairaandkobo.ng/npa-lauds-nepc-for-boosting-exports-pledges-to-improve-port-operations</link>
        <guid>https://nairaandkobo.ng/npa-lauds-nepc-for-boosting-exports-pledges-to-improve-port-operations</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202508/image_870x580_689c4fa67f465.jpg" length="488994" type="image/jpeg"/>
        <pubDate>Wed, 13 Aug 2025 09:49:44 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Minister, BoI pledge reform, investments to revive textile industry</title>
        <link>https://nairaandkobo.ng/minister-boi-pledge-reform-investments-to-revive-textile-industry</link>
        <guid>https://nairaandkobo.ng/minister-boi-pledge-reform-investments-to-revive-textile-industry</guid>
        <description><![CDATA[  ]]></description>
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        <pubDate>Mon, 11 Aug 2025 11:48:15 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria records 663 million metric tonnes in exports to ECOWAS in H1 2025 — NEPC</title>
        <link>https://nairaandkobo.ng/nigeria-records-663-million-metric-tonnes-in-exports-to-ecowas-in-h1-2025-nepc</link>
        <guid>https://nairaandkobo.ng/nigeria-records-663-million-metric-tonnes-in-exports-to-ecowas-in-h1-2025-nepc</guid>
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        <pubDate>Mon, 11 Aug 2025 09:34:12 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria’s FDI crashes by 70% in three months</title>
        <link>https://nairaandkobo.ng/nigerias-fdi-crashes-by-70-in-three-months</link>
        <guid>https://nairaandkobo.ng/nigerias-fdi-crashes-by-70-in-three-months</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202508/image_870x580_689743480e496.jpg" length="65220" type="image/jpeg"/>
        <pubDate>Sat, 09 Aug 2025 14:14:13 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Blue Economy: Freight forwarders raise alarm over sabotage of govt reforms</title>
        <link>https://nairaandkobo.ng/blue-economy-freight-forwarders-raise-alarm-over-sabotage-of-govt-reforms</link>
        <guid>https://nairaandkobo.ng/blue-economy-freight-forwarders-raise-alarm-over-sabotage-of-govt-reforms</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202508/image_870x580_6895cf11083cd.jpg" length="441713" type="image/jpeg"/>
        <pubDate>Fri, 08 Aug 2025 11:20:57 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>RMRDC advocates 60% cut in raw material imports</title>
        <link>https://nairaandkobo.ng/rmrdc-advocates-60-cut-in-raw-material-imports</link>
        <guid>https://nairaandkobo.ng/rmrdc-advocates-60-cut-in-raw-material-imports</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202508/image_870x580_6895bd26512a4.jpg" length="49185" type="image/jpeg"/>
        <pubDate>Fri, 08 Aug 2025 10:17:57 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria, China to unlock $2b maritime investment</title>
        <link>https://nairaandkobo.ng/nigeria-china-to-unlock-2b-maritime-investment</link>
        <guid>https://nairaandkobo.ng/nigeria-china-to-unlock-2b-maritime-investment</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202508/image_870x580_6894d7992ff67.jpg" length="93349" type="image/jpeg"/>
        <pubDate>Thu, 07 Aug 2025 17:55:50 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Industrial&amp;led development key to $1trn economy target — Manufacturers</title>
        <link>https://nairaandkobo.ng/industrial-led-development-key-to-1trn-economy-target-manufacturers</link>
        <guid>https://nairaandkobo.ng/industrial-led-development-key-to-1trn-economy-target-manufacturers</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202508/image_870x580_6890987eb076f.jpg" length="456939" type="image/jpeg"/>
        <pubDate>Mon, 04 Aug 2025 12:38:30 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Stakeholders Advise Federal Gov’t On How To Revive Textile Sector</title>
        <link>https://nairaandkobo.ng/stakeholders-advise-federal-govt-on-how-to-revive-textile-sector</link>
        <guid>https://nairaandkobo.ng/stakeholders-advise-federal-govt-on-how-to-revive-textile-sector</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202508/image_870x580_68903f6621996.jpg" length="122946" type="image/jpeg"/>
        <pubDate>Mon, 04 Aug 2025 06:31:15 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigerians to own shares in $20bn refinery — Dangote</title>
        <link>https://nairaandkobo.ng/nigerians-to-own-shares-in-20bn-refinery-dangote</link>
        <guid>https://nairaandkobo.ng/nigerians-to-own-shares-in-20bn-refinery-dangote</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202507/image_870x580_688b5edbc99b0.jpg" length="52952" type="image/jpeg"/>
        <pubDate>Thu, 31 Jul 2025 13:25:27 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG, AfDB partner Saglev on EV manufacturing</title>
        <link>https://nairaandkobo.ng/fg-afdb-partner-saglev-on-ev-manufacturing</link>
        <guid>https://nairaandkobo.ng/fg-afdb-partner-saglev-on-ev-manufacturing</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202507/image_870x580_68889779a40a8.jpg" length="90473" type="image/jpeg"/>
        <pubDate>Tue, 29 Jul 2025 12:00:20 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>NGX market cap crosses N85tn as investors eye Q2 earnings</title>
        <link>https://nairaandkobo.ng/ngx-market-cap-crosses-n85tn-as-investors-eye-q2-earnings</link>
        <guid>https://nairaandkobo.ng/ngx-market-cap-crosses-n85tn-as-investors-eye-q2-earnings</guid>
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        <pubDate>Tue, 29 Jul 2025 12:00:20 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Providus Bank reaffirms support for SMEs</title>
        <link>https://nairaandkobo.ng/providus-bank-reaffirms-support-for-smes</link>
        <guid>https://nairaandkobo.ng/providus-bank-reaffirms-support-for-smes</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202507/image_870x580_6888967357a1b.jpg" length="35109" type="image/jpeg"/>
        <pubDate>Tue, 29 Jul 2025 12:00:20 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Moody’s upgrades Ecobank ratings outlook to stable</title>
        <link>https://nairaandkobo.ng/moodys-upgrades-ecobank-ratings-outlook-to-stable</link>
        <guid>https://nairaandkobo.ng/moodys-upgrades-ecobank-ratings-outlook-to-stable</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202507/image_870x580_6887813bb182f.jpg" length="67061" type="image/jpeg"/>
        <pubDate>Mon, 28 Jul 2025 15:10:27 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Manufacturers’ CEOs confidence in economy rises</title>
        <link>https://nairaandkobo.ng/manufacturers-ceos-confidence-in-economy-rises</link>
        <guid>https://nairaandkobo.ng/manufacturers-ceos-confidence-in-economy-rises</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202502/image_870x580_67b4925a73e07.jpg" length="36420" type="image/jpeg"/>
        <pubDate>Tue, 18 Feb 2025 15:15:27 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Govt to revive textile industry, tackle smuggling – Enoh</title>
        <link>https://nairaandkobo.ng/govt-to-revive-textile-industry-tackle-smuggling-enoh</link>
        <guid>https://nairaandkobo.ng/govt-to-revive-textile-industry-tackle-smuggling-enoh</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202502/image_870x580_67ade8985cc35.jpg" length="56698" type="image/jpeg"/>
        <pubDate>Fri, 14 Feb 2025 10:49:16 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Stakeholders Laud Olusi’s Bold Reforms At BOI</title>
        <link>https://nairaandkobo.ng/stakeholders-laud-olusis-bold-reforms-at-boi</link>
        <guid>https://nairaandkobo.ng/stakeholders-laud-olusis-bold-reforms-at-boi</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202410/image_870x580_66fe62cbd8192.jpg" length="146900" type="image/jpeg"/>
        <pubDate>Fri, 14 Feb 2025 10:49:16 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG to launch mining corporation</title>
        <link>https://nairaandkobo.ng/fg-to-launch-mining-corporation</link>
        <guid>https://nairaandkobo.ng/fg-to-launch-mining-corporation</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202502/image_870x580_67a07adf09822.jpg" length="545756" type="image/jpeg"/>
        <pubDate>Tue, 11 Feb 2025 11:01:13 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG to launch mining corporation</title>
        <link>https://nairaandkobo.ng/fg-to-launch-mining-corporation-2013</link>
        <guid>https://nairaandkobo.ng/fg-to-launch-mining-corporation-2013</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202502/image_870x580_67a07adf09822.jpg" length="545756" type="image/jpeg"/>
        <pubDate>Tue, 11 Feb 2025 11:01:13 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Manufacturing sector records poor business performance in January 2025 – NESG report</title>
        <link>https://nairaandkobo.ng/manufacturing-sector-records-poor-business-performance-in-january-2025-nesg-report</link>
        <guid>https://nairaandkobo.ng/manufacturing-sector-records-poor-business-performance-in-january-2025-nesg-report</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202502/image_870x580_67a9e4211488b.jpg" length="294841" type="image/jpeg"/>
        <pubDate>Mon, 10 Feb 2025 12:56:57 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Only 14% of Nigerian businesses operate fully remotely—Report</title>
        <link>https://nairaandkobo.ng/only-14-of-nigerian-businesses-operate-fully-remotelyreport</link>
        <guid>https://nairaandkobo.ng/only-14-of-nigerian-businesses-operate-fully-remotelyreport</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202502/image_870x580_67a0775934624.jpg" length="361958" type="image/jpeg"/>
        <pubDate>Mon, 03 Feb 2025 09:57:57 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG plans new initiative to ease access to loans for Nigerian SMEs</title>
        <link>https://nairaandkobo.ng/fg-plans-new-initiative-to-ease-access-to-loans-for-nigerian-smes</link>
        <guid>https://nairaandkobo.ng/fg-plans-new-initiative-to-ease-access-to-loans-for-nigerian-smes</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202502/image_870x580_67a074a712420.jpg" length="273589" type="image/jpeg"/>
        <pubDate>Mon, 03 Feb 2025 09:57:57 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Dele Alake: Nasarawa is key to Nigeria’s mining growth, lithium reserves are massive</title>
        <link>https://nairaandkobo.ng/dele-alake-nasarawa-is-key-to-nigerias-mining-growth-lithium-reserves-are-massive</link>
        <guid>https://nairaandkobo.ng/dele-alake-nasarawa-is-key-to-nigerias-mining-growth-lithium-reserves-are-massive</guid>
        <description><![CDATA[  ]]></description>
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        <pubDate>Mon, 03 Feb 2025 09:57:57 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>2025: Manufacturing outlook depends on economic reforms outcome – MAN</title>
        <link>https://nairaandkobo.ng/2025-manufacturing-outlook-depends-on-economic-reforms-outcome-man</link>
        <guid>https://nairaandkobo.ng/2025-manufacturing-outlook-depends-on-economic-reforms-outcome-man</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202501/image_870x580_679cbf23dba07.jpg" length="246292" type="image/jpeg"/>
        <pubDate>Fri, 31 Jan 2025 13:43:08 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Baobab supports SMEs with over N323bn loans</title>
        <link>https://nairaandkobo.ng/baobab-supports-smes-with-over-n323bn-loans</link>
        <guid>https://nairaandkobo.ng/baobab-supports-smes-with-over-n323bn-loans</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202501/image_870x580_67976fd86cb51.jpg" length="23423" type="image/jpeg"/>
        <pubDate>Mon, 27 Jan 2025 12:38:46 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>BOI advocates partnerships for industrial growth</title>
        <link>https://nairaandkobo.ng/boi-advocates-partnerships-for-industrial-growth</link>
        <guid>https://nairaandkobo.ng/boi-advocates-partnerships-for-industrial-growth</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202501/image_870x580_679740cce1b12.jpg" length="47169" type="image/jpeg"/>
        <pubDate>Mon, 27 Jan 2025 09:23:23 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG to conduct MSMEs census in 2025 – Minister</title>
        <link>https://nairaandkobo.ng/fg-to-conduct-msmes-census-in-2025-minister</link>
        <guid>https://nairaandkobo.ng/fg-to-conduct-msmes-census-in-2025-minister</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202501/image_870x580_67973fb698e90.jpg" length="50978" type="image/jpeg"/>
        <pubDate>Mon, 27 Jan 2025 09:23:15 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Fake Tie &amp;amp; Dye imports threaten survival of Adire industry</title>
        <link>https://nairaandkobo.ng/fake-tie-dye-imports-threaten-survival-of-adire-industry</link>
        <guid>https://nairaandkobo.ng/fake-tie-dye-imports-threaten-survival-of-adire-industry</guid>
        <description><![CDATA[  ]]></description>
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        <pubDate>Mon, 27 Jan 2025 09:23:03 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigerian manufacturers demand timely passage of tax bills, upgrade of road infrastructure, others</title>
        <link>https://nairaandkobo.ng/nigerian-manufacturers-demand-timely-passage-of-tax-bills-upgrade-of-road-infrastructure-others</link>
        <guid>https://nairaandkobo.ng/nigerian-manufacturers-demand-timely-passage-of-tax-bills-upgrade-of-road-infrastructure-others</guid>
        <description><![CDATA[  ]]></description>
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        <pubDate>Thu, 23 Jan 2025 16:16:51 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Manufacturing sector still challenged, says Coleman</title>
        <link>https://nairaandkobo.ng/manufacturing-sector-still-challenged-says-coleman</link>
        <guid>https://nairaandkobo.ng/manufacturing-sector-still-challenged-says-coleman</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202410/image_870x580_6705b7c357726.jpg" length="64329" type="image/jpeg"/>
        <pubDate>Tue, 08 Oct 2024 23:59:14 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FDI: FG warns Osun Government against jeopardizing investments by closing gold mining site</title>
        <link>https://nairaandkobo.ng/fdi-fg-warns-osun-government-against-jeopardizing-investments-by-closing-gold-mining-site</link>
        <guid>https://nairaandkobo.ng/fdi-fg-warns-osun-government-against-jeopardizing-investments-by-closing-gold-mining-site</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202410/image_870x580_67020d2963ae3.jpg" length="65016" type="image/jpeg"/>
        <pubDate>Sun, 06 Oct 2024 06:25:27 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria, Ghana sign MoU on local content</title>
        <link>https://nairaandkobo.ng/nigeria-ghana-sign-mou-on-local-content</link>
        <guid>https://nairaandkobo.ng/nigeria-ghana-sign-mou-on-local-content</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202410/image_870x580_66ffd98ba856a.jpg" length="61841" type="image/jpeg"/>
        <pubDate>Fri, 04 Oct 2024 13:07:16 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Small businesses aren’t equipped enough to access funding, says SMEDAN DG</title>
        <link>https://nairaandkobo.ng/small-businesses-arent-equipped-enough-to-access-funding-says-smedan-dg</link>
        <guid>https://nairaandkobo.ng/small-businesses-arent-equipped-enough-to-access-funding-says-smedan-dg</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202410/image_870x580_66ff8c99e10fd.jpg" length="77439" type="image/jpeg"/>
        <pubDate>Fri, 04 Oct 2024 07:52:37 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>140 manufacturers to receive from N1 billion single&amp;digit interest loan&amp; BOI Managing Director</title>
        <link>https://nairaandkobo.ng/140-manufacturers-to-receive-from-n1-billion-single-digit-interest-loan-boi-managing-director</link>
        <guid>https://nairaandkobo.ng/140-manufacturers-to-receive-from-n1-billion-single-digit-interest-loan-boi-managing-director</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202410/image_870x580_66fe62cbd8192.jpg" length="146900" type="image/jpeg"/>
        <pubDate>Thu, 03 Oct 2024 11:14:08 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Bank of Industry launches mobile app to check food prices in different states</title>
        <link>https://nairaandkobo.ng/bank-of-industry-launches-mobile-app-to-check-food-prices-in-different-states</link>
        <guid>https://nairaandkobo.ng/bank-of-industry-launches-mobile-app-to-check-food-prices-in-different-states</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202410/image_870x580_66fe5f95af2c4.jpg" length="146900" type="image/jpeg"/>
        <pubDate>Thu, 03 Oct 2024 11:14:08 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Polaris is top bank in MSME lending</title>
        <link>https://nairaandkobo.ng/polaris-is-top-bank-in-msme-lending</link>
        <guid>https://nairaandkobo.ng/polaris-is-top-bank-in-msme-lending</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202410/image_870x580_66fe67167d7f4.jpg" length="79897" type="image/jpeg"/>
        <pubDate>Thu, 03 Oct 2024 11:14:08 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Federal Gov’t To Boost MSMEs With Tax Incentives</title>
        <link>https://nairaandkobo.ng/federal-govt-to-boost-msmes-with-tax-incentives</link>
        <guid>https://nairaandkobo.ng/federal-govt-to-boost-msmes-with-tax-incentives</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202410/image_870x580_66fd5c590fb3e.jpg" length="94020" type="image/jpeg"/>
        <pubDate>Wed, 02 Oct 2024 15:45:09 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Inflation: MAN seeks review of effects of rate hikes</title>
        <link>https://nairaandkobo.ng/inflation-man-seeks-review-of-effects-of-rate-hikes</link>
        <guid>https://nairaandkobo.ng/inflation-man-seeks-review-of-effects-of-rate-hikes</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66f68f1152d87.jpg" length="72609" type="image/jpeg"/>
        <pubDate>Fri, 27 Sep 2024 12:22:27 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Backward integration failing as raw materials’ import soars 160.9%</title>
        <link>https://nairaandkobo.ng/backward-integration-failing-as-raw-materials-import-soars-1609</link>
        <guid>https://nairaandkobo.ng/backward-integration-failing-as-raw-materials-import-soars-1609</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66f68e8b420f9.jpg" length="77566" type="image/jpeg"/>
        <pubDate>Fri, 27 Sep 2024 12:22:27 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>‘How to unlock Africa’s $20b gemstone’</title>
        <link>https://nairaandkobo.ng/how-to-unlock-africas-20b-gemstone</link>
        <guid>https://nairaandkobo.ng/how-to-unlock-africas-20b-gemstone</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66f68f06e2232.jpg" length="62763" type="image/jpeg"/>
        <pubDate>Fri, 27 Sep 2024 12:22:27 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>MAN DG to Tinubu: Direct MDAs to attract investment into manufacturing sector</title>
        <link>https://nairaandkobo.ng/man-dg-to-tinubu-direct-mdas-to-attract-investment-into-manufacturing-sector</link>
        <guid>https://nairaandkobo.ng/man-dg-to-tinubu-direct-mdas-to-attract-investment-into-manufacturing-sector</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66f243c4e056a.jpg" length="203622" type="image/jpeg"/>
        <pubDate>Tue, 24 Sep 2024 06:24:23 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG Inaugurates New BoI Board Of Directors</title>
        <link>https://nairaandkobo.ng/fg-inaugurates-new-boi-board-of-directors</link>
        <guid>https://nairaandkobo.ng/fg-inaugurates-new-boi-board-of-directors</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66efac8c0aa42.jpg" length="47169" type="image/jpeg"/>
        <pubDate>Sun, 22 Sep 2024 07:41:02 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigerian Railway Corporation gets LNG&amp;retrofitted locomotive under public&amp;private partnership</title>
        <link>https://nairaandkobo.ng/nigerian-railway-corporation-gets-lng-retrofitted-locomotive-under-public-private-partnership</link>
        <guid>https://nairaandkobo.ng/nigerian-railway-corporation-gets-lng-retrofitted-locomotive-under-public-private-partnership</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66ed4d251b381.jpg" length="74382" type="image/jpeg"/>
        <pubDate>Fri, 20 Sep 2024 11:34:45 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Why Coca&amp;cola suspended its 5&amp;year $1 billion investment pledge to Nigeria in 2021 – Presidency</title>
        <link>https://nairaandkobo.ng/why-coca-cola-suspended-its-5-year-1-billion-investment-pledge-to-nigeria-in-2021-presidency</link>
        <guid>https://nairaandkobo.ng/why-coca-cola-suspended-its-5-year-1-billion-investment-pledge-to-nigeria-in-2021-presidency</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66ed4d30d9b08.jpg" length="84539" type="image/jpeg"/>
        <pubDate>Fri, 20 Sep 2024 11:34:45 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria’s intra&amp;Africa trade up 195% to N2.9trn</title>
        <link>https://nairaandkobo.ng/nigerias-intra-africa-trade-up-195-to-n29trn</link>
        <guid>https://nairaandkobo.ng/nigerias-intra-africa-trade-up-195-to-n29trn</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66ed429921a66.jpg" length="77330" type="image/jpeg"/>
        <pubDate>Fri, 20 Sep 2024 11:34:45 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Inflation: UAC increased prices of products by 75% to 100% to protect margins – Fola Aiyesimoju</title>
        <link>https://nairaandkobo.ng/inflation-uac-increased-prices-of-products-by-75-to-100-to-protect-margins-fola-aiyesimoju</link>
        <guid>https://nairaandkobo.ng/inflation-uac-increased-prices-of-products-by-75-to-100-to-protect-margins-fola-aiyesimoju</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66e7b7bd9a699.jpg" length="43104" type="image/jpeg"/>
        <pubDate>Mon, 16 Sep 2024 07:19:54 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria’s trade surplus hits N6.95 trillion in Q2 2024 as import weakens</title>
        <link>https://nairaandkobo.ng/nigerias-trade-surplus-hits-n695-trillion-in-q2-2024-as-import-weakens</link>
        <guid>https://nairaandkobo.ng/nigerias-trade-surplus-hits-n695-trillion-in-q2-2024-as-import-weakens</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66e26fb0396b1.jpg" length="360703" type="image/jpeg"/>
        <pubDate>Thu, 12 Sep 2024 06:21:08 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Innoson Vehicles unveils its first locally produced electric vehicle</title>
        <link>https://nairaandkobo.ng/innoson-vehicles-unveils-its-first-locally-produced-electric-vehicle</link>
        <guid>https://nairaandkobo.ng/innoson-vehicles-unveils-its-first-locally-produced-electric-vehicle</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66e18d2572ed3.jpg" length="77825" type="image/jpeg"/>
        <pubDate>Wed, 11 Sep 2024 14:07:34 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>MAN calls for support consultations on single&amp;use plastics ban</title>
        <link>https://nairaandkobo.ng/man-calls-for-support-consultations-on-single-use-plastics-ban</link>
        <guid>https://nairaandkobo.ng/man-calls-for-support-consultations-on-single-use-plastics-ban</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66e1906f91492.jpg" length="44924" type="image/jpeg"/>
        <pubDate>Wed, 11 Sep 2024 14:07:34 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>$1bn Kogi steel project will revamp sector — FG</title>
        <link>https://nairaandkobo.ng/1bn-kogi-steel-project-will-revamp-sector-fg</link>
        <guid>https://nairaandkobo.ng/1bn-kogi-steel-project-will-revamp-sector-fg</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66de71d37099c.jpg" length="67072" type="image/jpeg"/>
        <pubDate>Mon, 09 Sep 2024 05:32:05 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>As multinationals exit, these Nigerian companies are spending billions on expansion projects in 2024</title>
        <link>https://nairaandkobo.ng/as-multinationals-exit-these-nigerian-companies-are-spending-billions-on-expansion-projects-in-2024</link>
        <guid>https://nairaandkobo.ng/as-multinationals-exit-these-nigerian-companies-are-spending-billions-on-expansion-projects-in-2024</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66dc53dfcf850.jpg" length="421702" type="image/jpeg"/>
        <pubDate>Sat, 07 Sep 2024 14:50:36 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria to export finished products to China, other markets – Tuggar</title>
        <link>https://nairaandkobo.ng/nigeria-to-export-finished-products-to-china-other-markets-tuggar</link>
        <guid>https://nairaandkobo.ng/nigeria-to-export-finished-products-to-china-other-markets-tuggar</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66dbd7e167452.jpg" length="64774" type="image/jpeg"/>
        <pubDate>Sat, 07 Sep 2024 06:36:57 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>SMEs contribute 46.31% to GDP</title>
        <link>https://nairaandkobo.ng/smes-contribute-4631-to-gdp</link>
        <guid>https://nairaandkobo.ng/smes-contribute-4631-to-gdp</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66dbdff628ac3.jpg" length="210443" type="image/jpeg"/>
        <pubDate>Sat, 07 Sep 2024 06:36:57 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Petrol price hike will worsen manufacturers’ woes – MAN</title>
        <link>https://nairaandkobo.ng/petrol-price-hike-will-worsen-manufacturers-woes-man</link>
        <guid>https://nairaandkobo.ng/petrol-price-hike-will-worsen-manufacturers-woes-man</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66daa21a7f0db.jpg" length="69723" type="image/jpeg"/>
        <pubDate>Fri, 06 Sep 2024 07:55:30 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Inside Nigeria’s paint industry amid the impact of rising prices</title>
        <link>https://nairaandkobo.ng/inside-nigerias-paint-industry-amid-the-impact-of-rising-prices</link>
        <guid>https://nairaandkobo.ng/inside-nigerias-paint-industry-amid-the-impact-of-rising-prices</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66d9498c87e08.jpg" length="75653" type="image/jpeg"/>
        <pubDate>Thu, 05 Sep 2024 07:08:02 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigeria’s manufacturing sector struggles as its GDP contribution shrinks by 20.95% in six months</title>
        <link>https://nairaandkobo.ng/nigerias-manufacturing-sector-struggles-as-its-gdp-contribution-shrinks-by-2095-in-six-months</link>
        <guid>https://nairaandkobo.ng/nigerias-manufacturing-sector-struggles-as-its-gdp-contribution-shrinks-by-2095-in-six-months</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66d692e3252c0.jpg" length="294841" type="image/jpeg"/>
        <pubDate>Tue, 03 Sep 2024 06:19:46 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Analysts fear bank recapitalisation may worsen SMEs’ funding</title>
        <link>https://nairaandkobo.ng/analysts-fear-bank-recapitalisation-may-worsen-smes-funding</link>
        <guid>https://nairaandkobo.ng/analysts-fear-bank-recapitalisation-may-worsen-smes-funding</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66d6968acb377.jpg" length="68083" type="image/jpeg"/>
        <pubDate>Tue, 03 Sep 2024 06:19:46 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Lagos Computer Village traders issue cease and desist to Folashade Tinubu&amp;Ojo over imposition of levies</title>
        <link>https://nairaandkobo.ng/lagos-computer-village-traders-issue-cease-and-desist-to-folashade-tinubu-ojo-over-imposition-of-levies</link>
        <guid>https://nairaandkobo.ng/lagos-computer-village-traders-issue-cease-and-desist-to-folashade-tinubu-ojo-over-imposition-of-levies</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66d5c6fc5e96c.jpg" length="138855" type="image/jpeg"/>
        <pubDate>Mon, 02 Sep 2024 15:14:05 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Inside Nigeria tile industry where inflation is giving local tiles an edge</title>
        <link>https://nairaandkobo.ng/inside-nigeria-tile-industry-where-inflation-is-giving-local-tiles-an-edge</link>
        <guid>https://nairaandkobo.ng/inside-nigeria-tile-industry-where-inflation-is-giving-local-tiles-an-edge</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66d5c2d639a81.jpg" length="117370" type="image/jpeg"/>
        <pubDate>Mon, 02 Sep 2024 15:14:05 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Electric Cable Maker, Cutix PLC, reports pre&amp;tax profit of N454.6 million for period ending July 31, 2024</title>
        <link>https://nairaandkobo.ng/electric-cable-maker-cutix-plc-reports-pre-tax-profit-of-n4546-million-for-period-ending-july-31-2024</link>
        <guid>https://nairaandkobo.ng/electric-cable-maker-cutix-plc-reports-pre-tax-profit-of-n4546-million-for-period-ending-july-31-2024</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66d5274273807.jpg" length="481109" type="image/jpeg"/>
        <pubDate>Mon, 02 Sep 2024 05:06:26 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>E&amp;commerce platform revolutionises online businesses, empowers SMEs</title>
        <link>https://nairaandkobo.ng/e-commerce-platform-revolutionises-online-businesses-empowers-smes</link>
        <guid>https://nairaandkobo.ng/e-commerce-platform-revolutionises-online-businesses-empowers-smes</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202409/image_870x580_66d40bd7bb913.jpg" length="351575" type="image/jpeg"/>
        <pubDate>Sun, 01 Sep 2024 08:41:08 +0100</pubDate>
        <dc:creator>admin</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Cement should be N10,000 per bag due to naira devaluation – Abdul Samad Rabiu</title>
        <link>https://nairaandkobo.ng/cement-should-be-n10000-per-bag-due-to-naira-devaluation-abdul-samad-rabiu</link>
        <guid>https://nairaandkobo.ng/cement-should-be-n10000-per-bag-due-to-naira-devaluation-abdul-samad-rabiu</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66d20fc31aa0f.jpg" length="82418" type="image/jpeg"/>
        <pubDate>Fri, 30 Aug 2024 19:30:35 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigerians’ hope for lower cement price dims</title>
        <link>https://nairaandkobo.ng/nigerians-hope-for-lower-cement-price-dims</link>
        <guid>https://nairaandkobo.ng/nigerians-hope-for-lower-cement-price-dims</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66ce06e9e6664.jpg" length="419148" type="image/jpeg"/>
        <pubDate>Tue, 27 Aug 2024 18:05:38 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Rite Foods committed to job creation, economic growth – MD</title>
        <link>https://nairaandkobo.ng/rite-foods-committed-to-job-creation-economic-growth-md</link>
        <guid>https://nairaandkobo.ng/rite-foods-committed-to-job-creation-economic-growth-md</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66cb165d9d60b.jpg" length="33337" type="image/jpeg"/>
        <pubDate>Sun, 25 Aug 2024 12:34:15 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Japan Expresses Interest in Start&amp;Ups in Nigeria</title>
        <link>https://nairaandkobo.ng/japan-expresses-interest-in-start-ups-in-nigeria</link>
        <guid>https://nairaandkobo.ng/japan-expresses-interest-in-start-ups-in-nigeria</guid>
        <description><![CDATA[ Japan has shown interest in further strengthening business and economic relations with Nigeria especially in the area of start-ups ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66ca4fa4eb289.jpg" length="95471" type="image/jpeg"/>
        <pubDate>Sat, 24 Aug 2024 22:25:13 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Stakeholders lament states’ interference in mining</title>
        <link>https://nairaandkobo.ng/stakeholders-lament-states-interference-in-mining</link>
        <guid>https://nairaandkobo.ng/stakeholders-lament-states-interference-in-mining</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66c8746f8e925.jpg" length="128591" type="image/jpeg"/>
        <pubDate>Fri, 23 Aug 2024 12:39:29 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Ogun begins disbursement of N500m loan to artisans, traders</title>
        <link>https://nairaandkobo.ng/ogun-begins-disbursement-of-n500m-loan-to-artisans-traders</link>
        <guid>https://nairaandkobo.ng/ogun-begins-disbursement-of-n500m-loan-to-artisans-traders</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66c6cc40e4024.jpg" length="66543" type="image/jpeg"/>
        <pubDate>Thu, 22 Aug 2024 06:30:08 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Mining Development Fund gets N2.5bn boost</title>
        <link>https://nairaandkobo.ng/mining-development-fund-gets-n25bn-boost</link>
        <guid>https://nairaandkobo.ng/mining-development-fund-gets-n25bn-boost</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66c086a3120d5.jpg" length="67072" type="image/jpeg"/>
        <pubDate>Sat, 17 Aug 2024 12:19:10 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Customs lists conditions for companies seeking to participate in duty&amp;free food import</title>
        <link>https://nairaandkobo.ng/customs-lists-conditions-for-companies-seeking-to-participate-in-duty-free-food-import</link>
        <guid>https://nairaandkobo.ng/customs-lists-conditions-for-companies-seeking-to-participate-in-duty-free-food-import</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66bf58059cc67.jpg" length="459650" type="image/jpeg"/>
        <pubDate>Fri, 16 Aug 2024 14:46:41 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Tips for sustaining profit as small business owner</title>
        <link>https://nairaandkobo.ng/tips-for-sustaining-profit-as-small-business-owner</link>
        <guid>https://nairaandkobo.ng/tips-for-sustaining-profit-as-small-business-owner</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66bf494723938.jpg" length="68275" type="image/jpeg"/>
        <pubDate>Fri, 16 Aug 2024 13:42:58 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG begins duty&amp;free import of food items</title>
        <link>https://nairaandkobo.ng/fg-begins-duty-free-import-of-food-items</link>
        <guid>https://nairaandkobo.ng/fg-begins-duty-free-import-of-food-items</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66bda755afb80.jpg" length="63603" type="image/jpeg"/>
        <pubDate>Thu, 15 Aug 2024 07:59:42 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>BUA Cement, Tier&amp;1 banks drag market capitalisation down by N278 billion</title>
        <link>https://nairaandkobo.ng/bua-cement-tier-1-banks-drag-market-capitalisation-down-by-n278-billion</link>
        <guid>https://nairaandkobo.ng/bua-cement-tier-1-banks-drag-market-capitalisation-down-by-n278-billion</guid>
        <description><![CDATA[ The All-Share Index also decreased by 0.50 per cent or 491 points to settle at 97,390.01 against 97,880.94 recorded on Monday. ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66bcd0dce27e2.jpg" length="61390" type="image/jpeg"/>
        <pubDate>Wed, 14 Aug 2024 16:43:11 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FCCPC blames disproportionate pricing of imported goods among retailers for inflation</title>
        <link>https://nairaandkobo.ng/fccpc-blames-disproportionate-pricing-of-imported-goods-among-retailers-for-inflation</link>
        <guid>https://nairaandkobo.ng/fccpc-blames-disproportionate-pricing-of-imported-goods-among-retailers-for-inflation</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66ba0f6d1251e.jpg" length="65043" type="image/jpeg"/>
        <pubDate>Mon, 12 Aug 2024 14:35:30 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Cut off middlemen in food supply chain, varsity dons tell FG</title>
        <link>https://nairaandkobo.ng/cut-off-middlemen-in-food-supply-chain-varsity-dons-tell-fg</link>
        <guid>https://nairaandkobo.ng/cut-off-middlemen-in-food-supply-chain-varsity-dons-tell-fg</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66b9f2b84eafb.jpg" length="100242" type="image/jpeg"/>
        <pubDate>Mon, 12 Aug 2024 12:32:35 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>700,000 manufacturers, MSMEs apply for FG N150bn loan</title>
        <link>https://nairaandkobo.ng/700000-manufacturers-msmes-apply-for-fg-n150bn-loan</link>
        <guid>https://nairaandkobo.ng/700000-manufacturers-msmes-apply-for-fg-n150bn-loan</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66b8628b83802.jpg" length="62552" type="image/jpeg"/>
        <pubDate>Sun, 11 Aug 2024 08:06:20 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Technology accelerating growth in Nigeria’s retail sector – Expert</title>
        <link>https://nairaandkobo.ng/technology-accelerating-growth-in-nigerias-retail-sector-expert</link>
        <guid>https://nairaandkobo.ng/technology-accelerating-growth-in-nigerias-retail-sector-expert</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66b46fa9648c0.jpg" length="120445" type="image/jpeg"/>
        <pubDate>Thu, 08 Aug 2024 08:14:36 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Okomu declares over N20bn profit</title>
        <link>https://nairaandkobo.ng/okomu-declares-over-n20bn-profit</link>
        <guid>https://nairaandkobo.ng/okomu-declares-over-n20bn-profit</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66b1da6b5b134.jpg" length="114979" type="image/jpeg"/>
        <pubDate>Tue, 06 Aug 2024 09:11:15 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigerians imported N903bn food in three months – Report</title>
        <link>https://nairaandkobo.ng/nigerians-imported-n903bn-food-in-three-months-report</link>
        <guid>https://nairaandkobo.ng/nigerians-imported-n903bn-food-in-three-months-report</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66afa2c325630.jpg" length="136670" type="image/jpeg"/>
        <pubDate>Sun, 04 Aug 2024 16:48:55 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Hunger protest: Low patronage crashes perishable food prices in Lagos</title>
        <link>https://nairaandkobo.ng/hunger-protest-low-patronage-crashes-perishable-food-prices-in-lagos</link>
        <guid>https://nairaandkobo.ng/hunger-protest-low-patronage-crashes-perishable-food-prices-in-lagos</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202408/image_870x580_66ad4f3ccebda.jpg" length="169958" type="image/jpeg"/>
        <pubDate>Fri, 02 Aug 2024 22:27:56 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigerian Manufacturers warn regulatory agencies to desist from demarketing local investors</title>
        <link>https://nairaandkobo.ng/nigerian-manufacturers-warn-regulatory-agencies-to-desist-from-demarketing-local-investors</link>
        <guid>https://nairaandkobo.ng/nigerian-manufacturers-warn-regulatory-agencies-to-desist-from-demarketing-local-investors</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202407/image_870x580_66a23d056db0a.jpg" length="186072" type="image/jpeg"/>
        <pubDate>Thu, 25 Jul 2024 13:07:02 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>FG shuts down gold mine in Kogi</title>
        <link>https://nairaandkobo.ng/fg-shuts-down-gold-mine-in-kogi</link>
        <guid>https://nairaandkobo.ng/fg-shuts-down-gold-mine-in-kogi</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202407/image_870x580_669bf1f9185aa.jpg" length="67072" type="image/jpeg"/>
        <pubDate>Sat, 20 Jul 2024 18:23:02 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>UC RUSAL commits $500 million to revitalize Aluminium Smelter Company in Ikot Abasi</title>
        <link>https://nairaandkobo.ng/uc-rusal-commits-500-million-to-revitalize-aluminium-smelter-company-in-ikot-abasi</link>
        <guid>https://nairaandkobo.ng/uc-rusal-commits-500-million-to-revitalize-aluminium-smelter-company-in-ikot-abasi</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202407/image_870x580_669b878b56ce7.jpg" length="68578" type="image/jpeg"/>
        <pubDate>Sat, 20 Jul 2024 10:47:40 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Cement distributors project price increase in dry season despite relative stable prices</title>
        <link>https://nairaandkobo.ng/cement-distributors-project-price-increase-in-dry-season-despite-relative-stable-prices</link>
        <guid>https://nairaandkobo.ng/cement-distributors-project-price-increase-in-dry-season-despite-relative-stable-prices</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202407/image_870x580_669a6c0beb101.jpg" length="424065" type="image/jpeg"/>
        <pubDate>Fri, 19 Jul 2024 14:37:38 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigerian economy underperformed in H1’24 — Rewane</title>
        <link>https://nairaandkobo.ng/nigerian-economy-underperformed-in-h124-rewane</link>
        <guid>https://nairaandkobo.ng/nigerian-economy-underperformed-in-h124-rewane</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202407/image_870x580_6698d3a576c0d.jpg" length="453327" type="image/jpeg"/>
        <pubDate>Thu, 18 Jul 2024 09:36:31 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Brewing industry choking over high cost of raw materials</title>
        <link>https://nairaandkobo.ng/brewing-industry-choking-over-high-cost-of-raw-materials</link>
        <guid>https://nairaandkobo.ng/brewing-industry-choking-over-high-cost-of-raw-materials</guid>
        <description><![CDATA[  ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202407/image_870x580_668b784d28b44.jpg" length="637055" type="image/jpeg"/>
        <pubDate>Mon, 08 Jul 2024 06:26:30 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords>https://www.vanguardngr.com/2024/07/brewing-industry-choking-over-high-cost-of-raw-materials/</media:keywords>
    </item>
    <item>
        <title>Ogun plans stiff sanctions for illegal miners</title>
        <link>https://nairaandkobo.ng/ogun-plans-stiff-sanctions-for-illegal-miners</link>
        <guid>https://nairaandkobo.ng/ogun-plans-stiff-sanctions-for-illegal-miners</guid>
        <description><![CDATA[ The Ogun State government has warned illegal miners and dredgers will face stiff sanctions, as it is prepared to take legal action against anyone who engages in the activity within the state.

The Commissioner for Industry, Trade, and Investment, Adebola Sofela, represented by the Ministry’s Permanent Secretary, Dr. Olu. Ola. Aikulola, issued the warning during a miners and dredgers stakeholders meeting held in Oke-Mosan, Abeokuta, according to a statement.

Sofela’s warning extended to miners and dredgers operating with expired documents, as he stated how irresponsible mining and dredging are destructive to the community and state’s infrastructure.

The commissioners appealed against the illegal acts by encouraging the stakeholders to see mining and dredging as important sectors that attract revenue. “Mining is a win-win thing if done responsibly, but destructive and disruptive when it is irresponsibly carried out, given the monumental financial effects it has on government and the community at large,” the commissioner said. He said the state government had tolerated the activities of illegal miners and dredgers but warned they would be made to face the full wrath of the law.

“The note of warning I am giving today indicates that it will not be business as usual going forward. If you get arrested for illegal mining and dredging, you will face the full wrath of the law,” Sofela said. The commissioner called for an immediate screening of operators’ papers to deter miners and dredgers with expired documents.

One of the stakeholders, Ebenezer Aina, said the miners and dredgers would align with the state government’s directive.

Aina commended the minister’s efforts at ensuring standard practices were adhered to in mining and dredging operations. ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202407/image_870x580_6687c513920bd.jpg" length="46894" type="image/jpeg"/>
        <pubDate>Fri, 05 Jul 2024 11:05:23 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Dangote refinery: Declare crude supply emergency, oil producers tell Tinubu</title>
        <link>https://nairaandkobo.ng/dangote-refinery-declare-crude-supply-emergency-oil-producers-tell-tinubu</link>
        <guid>https://nairaandkobo.ng/dangote-refinery-declare-crude-supply-emergency-oil-producers-tell-tinubu</guid>
        <description><![CDATA[ As concerns mount over the lack of domestic crude oil to the Dangote Petroleum Refinery and other indigenous refiners, the Independent Petroleum Producers Group has called on President Bola Tinubu to consider declaring a state of emergency on crude oil production in Nigeria following the lingering crisis associated with this.

IPPG is an association of Nigerian indigenous upstream exploration production companies that engages the government and other industry stakeholders on issues affecting the sector. It has 28 members including Oando Plc, Aiteo, Seplat, Energia, Eroton, First E&amp;P, Frontier Oil, Green Energy, among others.

The oil producers also expressed fears that the 2024 budget might be implemented partially due to the low production of crude in Nigeria lately.

This came as the Nigerian National Petroleum Company Limited announced that it had declared war on the challenges confronting oil production across the country, adding that it was currently engaging its partners including International Oil Companies.However, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, charged the oil producers to increase their investments in the upstream arm of the business, as this would also help to grow oil output.

They all spoke at the ongoing Nigeria Oil and Gas conference in Abuja on Tuesday.

Nigeria’s oil production has been dropping since this year, falling from over 1.4 million barrels per day (excluding condensates) in January to about 1.2mbpd in April.Oil producers believe that Nigeria should be producing about 2mbpd in order to meet the demand of local refineries as well as export.

Dangote refinery as well as operators of modular refineries have continued to raise concern over the poor crude oil supply from IOCs and NNPC. However, industry experts say most of the crude volumes by the IOCs and NNPC have been contracted out to dealers already, amid the low production in-country.

Presenting the industry keynote address at the conference, the Chairman, IPPG, Abdulrazaq Isa, pointed out that the industry was in dire need of extraordinary focus to mitigate the genuine concerns on its long-term sustainability.

He stressed that “as a matter of national importance, Nigeria must act fast and hasten the pace of recovery across the entire industry, even if it means Mr President declaring a state of emergency in the oil and gas sector! We must be seen to do everything possible to unleash the industry.

“Unlocking this incremental production is achievable only through collaboration and commitment between the industry regulators (NUPRC and NMDPRA) and industry operators (NNPC, OPTS and IPPG) and this must be done for the sake of our country.”

Isa said despite Nigeria’s world class hydrocarbon resource base, with over 37 billion barrels of proven crude oil reserves and 207 tcf (trillion cubic feet) and 600 tcf of proven and contingent gas reserves respectively, the country finds itself in a situation where its daily production has significantly dropped and lies at about 1.3 million barrels of oil and 8.5 bcf (billion cubic feet) of gas today.

“This is way below our capacity as a nation and by all globally acceptable standards, this reserves to production ratio is extremely low and a clear indicator that the industry is in a dire situation. In addition, we now run the risk of partial implementation of our national budget considering an estimated deficit of 400,000bpd from the forecasted 1.78 million bpd.“This trend in production portends another frightening dimension when we consider that in the not-too-distant future our overall installed domestic refining capacity, currently closing in on about 1.2 million barrels per day, may soon outstrip our current crude oil production level with the risk of Nigeria finding itself in a position where it is unable to meet its domestic refinery crude demand or even become a net importer of crude oil, God forbid!,” he stated.

The oil producers chairman noted that it was against this scary backdrop that the IPPG was calling for urgent measures to be undertaken by all relevant stakeholders to immediately arrest this dwindling production level and under-investment by focusing on some priority areas.

Outlining the priority areas, he said, “The immediate conclusion of all pending IOC divestment transactions: IPPG strongly advocates that our member companies – Seplat, the Renaissance Consortium and Oando – have the proven track record to successfully take over and manage these onshore and shallow water assets to realise incremental production in the region of 100,000 – 200,000 barrels of oil and over 1.5bcf of gas per day within 24 months and well over 500,000 barrels of oil per day in the long term.

“IPPG believes the timely approval of these IOC divestment transactions will also be a clear signal capable of restoring global investor confidence in Nigeria in an era of competing global investment destinations in Africa and very limit ]]></description>
        <enclosure url="http://nairaandkobo.ng/uploads/images/202407/image_870x580_668399f4956e3.jpg" length="79188" type="image/jpeg"/>
        <pubDate>Wed, 03 Jul 2024 06:01:43 +0100</pubDate>
        <dc:creator>moderator</dc:creator>
        <media:keywords></media:keywords>
    </item>
    <item>
        <title>Nigerians bought N16tn fuel, generators in 2023 – FG</title>
        <link>https://nairaandkobo.ng/nigerians-bought-n16tn-fuel-generators-in-2023-fg</link>
        <guid>https://nairaandkobo.ng/nigerians-bought-n16tn-fuel-generators-in-2023-fg</guid>
        <description><![CDATA[ In 2023 alone Nigerians spent a total of N16.5 trillion to buy diesel, petrol and generators to get electricity, the Federal Government announced on Tuesday.

It also announced that the formal power sector, including electricity generation, transmission, and distribution companies, made a total revenue of N1tn last year amid the over N16tn spent by power consumers in the informal sector.

The Minister of Power, Adebayo Adelabu, who announced this at the ongoing 2024 Nigeria Oil and Gas conference in Abuja, however, noted that electricity consumers on Band A category now get up to 24 hours supply of power.
He said, “If you know how much our people spend buying diesel, petrol, generators, and servicing them in a year; the last study we had in 2023, a total of N16.5tn was spent on this in self (power) generation. Even a number of the industries are off the grid. They now have their captive power between their environments with gas-powered generators.“So spendings in this sector out of the grid is close to N20tn. And let me blow your mind, the revenue for the entire industry, the grid, I mean the formal power sector was just N1tn for 2023 that goes to the generation companies, transmission company and the distribution companies. Just N1tn formal revenue. But the informal spendings on generators, diesel, petrol, was close to N20tn.“Even if it is just a quarter of that is put in the official power sector, we are talking about incremental revenue of N5tn that will bring the sector’s revenue to N6tn, sincerely we are going to have something close to uninterrupted 24/7 power supply in Nigeria,” Adelabu stated.

The minister said the government was currently working hard to earn the trust of power consumers, stressing that it would be better to spend on electricity provided by the national grid because it is cheaper than spending on diesel or petrol-powered generators.“That is what we are working on to ensure that that trust is back, that that confidence is back. And all the manufacturing companies that are doing self-generation can cut it off and reconnect to the national grid because it is the cheapest source.

“As at the last study, Band A customers are enjoying uninterrupted supply and pay N206. For the companies that have their captive power using gas, they pay about N290/kwh.“For those that are using petrol generators, it is about N450 per kilowatt-hour. And for those using diesel to power their generators, it is upward of N900. So it is still the cheapest, most efficient and the least cost for our productive activities,” the minister stated.

Meanwhile, Adelabu told delegates at the conference that the power sector in Nigeria consumes the largest share of the country’s domestic gas supply.

“I am here to advocate for increased investment in Nigeria’s gas development to unlock the full potential of our power sector and achieve the Nigeria Energy Transition Plan. The domestic gas-power market accounts for 60 per cent (approx. 700mmscf daily) of the total domestic gas supply. This gas quantity currently sustains Nigeria’s four gigawatts average grid generation capacity.

“In line with the Nigeria Energy Transition Plan vision 30:30, which seeks to achieve 30GW by the year 2030, our energy mix is projected to be 70 per cent (or 21GW) thermal source (most likely gas considering the country’s gas potential) and 30 per cent (or 9GW) renewable source.

“The power sector would require over five times what the industry currently utilises from the domestic gas market to achieve our 70 per cent thermal energy target with gas-powered generation. Additional investments would be needed to increase the country’s gas production to achieve this level of gas supply to the power sector without compromising the export obligations,” Adelabu stated.To this end, the minister called on the investors at the conference to strongly consider investments in the further development of gas production in the country, especially Nigeria’s abundant unexploited non-associated gas reserves.

“To briefly spotlight the Federal Government’s recognition of the need for adequate liquidity in the Nigerian power sector to catalyse the much-needed investments across the value chain, the government recently introduced a cost-reflective tariff for the sector’s most served grid-tied customer segment.

“In addition, presidential approval was granted to resolve the power sector obligations to defray legacy debts to generation and gas companies. These actions speak to the government’s commitment to allowing efficient gas supply for the Nigerian power sector and ensuring there’s a clear line of sight for investors to recoup their investments in the country,” he stated.

The minister said he was confident that the Federal Government was committed to ensuring a viable and bankable power sector, and “we are convinced that the industry is investment-ready.” ]]></description>
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