Business Climate and Economy

Nigeria short of 2.9 million metric tons of rice seed, says NASC DG
June 12, 2025

The Director General of the National Agricultural Seeds Council (NASC), Hon. Fatuhu Mohammed, has revealed that...

Read More
Nigeria Needs 72 Edge Data Centres To Compete Globally – Nnamani
June 12, 2025

The CEO of Digital Reality, Engr. Ikechukwu Nnamani, has said Nigeria must build, at least 72...

Read More
EU to invest €300m on digital, renewable energy, others in Northern Nigeria
June 12, 2025

The European Union is strengthening its partnership with regional governments in Northern Nigeria by investing $338...

Read More
Maritime Exports Exceed Imports By 39%
June 12, 2025

Goods exported via maritime transport exceeded imports in the same category by 39.76 per cent in...

Read More
Wheat: Lagos Ports Handle N362bn Imports In One Month
June 12, 2025

Despite surge in price from $523 to $544 within three weeks, five Lagos port terminals have...

Read More
Africa’s cross-border payments market to hit $1 trillion by 2035—Report
June 12, 2025

Africa’s cross-border payments market is projected to triple in size over the next decade, reaching $1...

Read More
Value Of POS Transactions Hits N15.73trn In 4 Months
May 28, 2025

The total value of Point of Sale (PoS) transactions in the country surged by 358.36 percent,...

Read More
Soybeans: Nigeria To Earn N2.2trn From Export To Asian Markets
May 28, 2025

As the global price of soybeans surges from $550 to $1,060 per tonne in one year,...

Read More
Palm Oil: ‘Nigeria Poised To Capture Significant Portion Of $100bn Market’
May 28, 2025

With the global palm oil market valued at approximately $70.44 billion in 2023 and projected to...

Read More
Nigeria retains 56% of oil industry spend as local content deepens
May 23, 2025

Felix Ogbe, the executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), revealed that...

Read More
China To Produce Electric Vehicles In Nigeria
May 23, 2025

China has announced plans to establish electric vehicle ( EV) factories in Nigeria, in a move...

Read More
Nigeria’s Economy Can Get N60trn Annually With Youth-inclusive Agriculture
May 23, 2025

ActionAid Nigeria has projected that Nigeria could boost its economy by as much as $37.66 billion...

Read More