Business Climate and Economy

Nigeria has attracted $3.5 billion investment to textile industry in one year – Minister
May 29, 2024

The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, says that the Federal Government has secured...

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Kyari: Nigeria’s Cocoa Export Accounted for 29% of Total Agric Export in 2023
May 24, 2024

The Minister of Agriculture and Food Security, Senator Abubakar Kyari, has stated that Nigeria’s coca export...

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AfDB announces $1.44 billion investment for Nigeria’s infrastructure development
May 24, 2024

The African Development Bank (AfDB) has announced an investment of $1.44 billion to aid the development...

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NIBSS: Deployed PoS terminals across Nigeria hit 2.7 million in March 2024
May 24, 2024

The number of Point of Sales (PoS) machines deployed by merchants and individuals across Nigeria rose...

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Nigeria, Indonesia Trade Volume Reached $6bn in 2023
May 24, 2024

The President, Nigerian-Indonesian Chamber of Commerce and Industry (NICCI), Ishmael Adegorioye Balogun, has stated that trade...

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Nigerian startups get 29.3% of Africa’s $15b funding in five years
May 22, 2024

Of the $15 billion startup investment flow to Africa since 2019, Nigeria got received close to...

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FG’s Earnings From Electronic Transfer Levy Up 27.29% To N18.78bn
May 22, 2024

The Electronic Money Transfer Levy (EMTL) revenue component of disbursements by the Federation Account Allocation Committee...

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Nigeria, Saudi Arabia resume joint cargo flights in scramble for $6 trillion market
May 22, 2024

The Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed that cargo flight operations between...

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Hike in movie ticket prices drives Nigerian cinema’s N2.25B revenue in Q1 2024
May 22, 2024

The Nigerian cinema industry recorded a revenue of $1.5 million from ticket sales in the first...

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The ranking: Africa’s Fastest Growing Companies 2024
May 21, 2024

The third year of our now expanded ranking of Africa’s Fastest Growing Companies (below) comes against...

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Germany, Nigeria Trade Relations Hits €3bn – Envoy
May 21, 2024

The German Ambassador to Nigeria, Annette Gunther, says trade relations between the Federal Republic of Nigeria...

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Drycleaners develop strategies to access $165bn global industry
May 17, 2024

The Fabric Professionals and Dry Cleaners Association of Nigeria has stated that its conference tagged, ‘Clean...

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