Business Climate and Economy

H1’24: Customs Surpasses Revenue Target, Collects N2.74trn
July 31, 2024

The Nigeria Customs Service (NCS) has announced a mid-year ( 2024) revenue collection in the sum...

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Increased subsea cable to enhance W’Africa’s GDP
July 30, 2024

Executive Vice Chairman/CEO, Nigeria Communications Commission (NCC), Dr Aminu Maida, has said that increased subsea cable...

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Nigeria’s Petroleum Products’ Imports From Malta Hit $2.317bn In 4-Year – Report
July 30, 2024

Statisense is a leading AI data company specializing in financial report analysis, bank statement evaluation, and...

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Nigeria’s Crude Oil Production Hits 1.61mbpd – NUPRC
July 29, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that Nigeria’s average crude daily production has...

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International Telecommunications Union scores Nigeria 71% in digital transformation readiness
July 29, 2024

The International Telecommunications Union (ITU), has scored Nigeria 71% in comparative legal, policy, and governance frameworks...

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Sub-Saharan African Countries Gunning For Mobile Money Services To Boost Economy – Report
July 29, 2024

Sub-Saharan Africa countries are now leveraging mobile money services to boost their economies, a new report...

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BVN enrollments reach 62.7 million in July 2024 – NIBSS
July 29, 2024

Enrollments for the Bank Verification Number (BVN) by bank account owners in the country increased to...

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Nigeria needs 550,000 housing units annually at N5.5 trillion over next decade to address shortage – Housing Minister
July 29, 2024

The Minister of Housing and Urban Development, Ahmed Musa Dangiwa, stated that Nigeria requires 550,000 housing...

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Digital Economy Contributes $30bn Annually To West African GDP — WATRA
July 25, 2024

The West Africa Telecommunications Regulators Assembly (WATRA) has the digital economy currently contributes around $30 billion...

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NPA Generates N541bn Revenue, Remits N255bn In H1–Bello-Koko
July 25, 2024

The immediate past managing director of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko yesterday said the...

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Nigerian Petroleum Products’ Market Worth N1.5trn Monthly –Ex-NNPC Chief
July 23, 2024

A former Chief Operating Officer, Upstream, Nigerian National Petroleum Corporation, Mr. Bello Rabiu, has said that...

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Nigerian box office crosses N5 billion in revenue so far in 2024
July 23, 2024

The Nigerian box office has grossed over $3 million within the first seven months of 2024,...

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