Business Climate and Economy

Nigerian oil grades maintain premium status, Cast light on economy
September 2, 2024

Nigeria’s Brass River, Bonny Light, and Qua Iboe have edged much higher than the current Brent...

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Without structural gaps, Nigeria’s GDP will grow by 5% – IMF
August 29, 2024

The International Monetary Fund has said that Nigeria’s economy stands to grow at five per cent...

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ICT’s contribution to Nigeria’s real GDP hits 19.78% in Q2 2024 – NBS
August 28, 2024

Activities in Information and Communications Technology (ICT) contributed 19.78% to Nigeria’s real Gross Domestic Product (GDP)...

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Nigeria’s health sector grows by 2.41% in Q2 2024 -NBS
August 28, 2024

The Nigerian health sector’s real GDP grew by 2.41% year-on-year in Q2 2024, up from 1.95%...

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Over 10,000 projects require $42.9trn to complete – Quantity surveyors
August 27, 2024

The Nigerian Institute of Quantity Surveyors (NIQS) says Nigeria requires about $42.9 trillion to complete over...

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Nigeria To Take Delivery Of Wheat Worth N194bn In August
August 27, 2024

About 400,000 tonnes of durum, hard red winter and soft red winter wheat varieties valued at...

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Nigeria’s oil production rises to 1.53 million barrels per day in July – NUPRC
August 27, 2024

Nigeria’s crude oil and condensate productions have increased to 1.53 million barrels per day in the...

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Nigeria’s GDP grows by 3.19% in Q2, 2024 – NBS
August 27, 2024

Nigeria’s Gross Domestic Product (GDP) experienced a year-on-year growth of 3.19% in real terms during the...

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Nigeria’s Snack Food Industry To Hit $1.5bn By Year-End
August 26, 2024

Amid a struggling economy and scarcity of food items, the value of Nigeria’s snack food industry...

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EnterpriseNGR publishes state of enterprise 2024 report, highlights strong growth in Nigeria’s financial & professional services sector
August 26, 2024

EnterpriseNGR, a member-led group fostering collective advocacy to develop Nigeria’s Financial & Professional Services (FPS) sector...

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Seven in 10 shoppers switch brands in past year, experts say
August 26, 2024

Stakeholders on consumer behaviour have said that brand Loyalty is now uncertain as almost seven in...

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Nigeria’s waste management industry worth $250 billion
August 26, 2024

About $250 billion is yet to be tapped in Nigeria's waste management sector, the Managing Director...

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