Business Climate and Economy

Nigerian box office grosses over N2.8 billion in December 2024
January 9, 2025

The Nigerian box office recorded an unprecedented performance in December 2024, with revenues exceeding $1.82 million...

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Exports Of Orange Peel, Others Hit N3.61trn At Onne, Lagos Ports
January 9, 2025

Some wheat brand, orange peel and other export with a Free on Board (FOB) value of...

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Startups: Nigerian Firms, Others Raised $550m To Emerge Tops In 2024
January 9, 2025

As the year 2025 opens for another investment and business drive, technology is certain to define...

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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...

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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...

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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...

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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...

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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...

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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...

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December 2, 2024

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

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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...

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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...

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