Business Climate and Economy

Fuel imports hit 2.3bn litres despite local production
December 6, 2024

Despite the commencement of petrol production by two major refineries in Nigeria in the last three...

Read More
Report: Mobile Subscriptions In Nigeria, Others Heading To 1.2bn
December 5, 2024

The total mobile subscriptions in Nigeria and other countries in sub-Saharan Africa will grow at an...

Read More
Enugu secures $100million Austrian investment to transform water infrastructure
December 5, 2024

The Enugu State Government has signed a landmark $100 million agreement with Austrian firm to overhaul...

Read More
Nigeria needs 149 satellite stations for emergencies
December 5, 2024

The Surveyor-General of the Federation, Abuduganiyu Adebomehin, has emphasised the urgent need for Nigeria to establish...

Read More
Consulate celebrates $11.3bn Nigeria-US trade growth
December 5, 2024

The United States Consulate in Lagos has celebrated the growing impact of the American Business Council...

Read More
Terminal Operators’ Investments In Port Facilities Hit N1.47trn
December 5, 2024

Four terminal operators have invested $860 million in equipment and other port facilities to justify the...

Read More
December 2, 2024

The volume of investments flows from BRICS member nations – comprising Brazil, Russia, India, China, and...

Read More
Nigeria-China trade relations hit $22.6 billion in 2023 – Kashim Shettima
December 2, 2024

Vice-President Kashim Shettima has expressed satisfaction with the continuous increase in the volume of trade between...

Read More
Cheaper Price, Scarcity Drive Palm Oil Imports To N694bn
November 28, 2024

Nigerian ports have taken delivery of 443,548 metric tonnes of crude palm oil valued at $393.4...

Read More
Cocoa: Nigerian Dealers To Earn $2.73bn From Soaring Global Price
November 28, 2024

Nigeria exporters are to earn $2.73 billion from the 300,000 tonnes of cocoa beans projected for...

Read More
Nigeria’s crude oil production drops to 1.53 million bdp in October 2024 — NUPRC
November 28, 2024

Nigeria’s crude oil production experienced a slight decline in October 2024, dropping from 1.54 million barrels...

Read More
Nigeria’s GDP grows by 3.46% in Q3 2024, driven by services sector
November 28, 2024

Nigeria’s Gross Domestic Product (GDP) grew by 3.46% year-on-year in real terms during the third quarter...

Read More