Business Climate and Economy

Report: 5G Enterprise Market To Reach $115.8bn By 2030
May 16, 2024

The 5G market is projected to grow from a size of $17.30 billion in 2023 to...

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Netherlands topples India as Nigeria’s second largest trade partner in 2023
May 15, 2024

The Netherlands has overtaken India to become Nigeria’s second-largest trade partner in 2023. This is according to the foreign trade statistics reports...

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NOG 2024: Nigeria, Others Harnessing Gas To Boost Economy
May 9, 2024

Nigeria is set to lead other African nations towards harnessing gas and other cleaner and greener...

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Fish Deficit: Forex Crisis Stifles Nigeria’s $1.02bn Import Plan
May 9, 2024

High foreign exchange has stifled importation of fish into Nigeria in the first four months of...

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Nigeria Among Korea’s Top 5 Trade Partners In Africa – Envoy
May 8, 2024

Korean Ambassador to Nigeria, Kim Pankyu, has said Nigeria was amongst Korea’s top 5 trade partners...

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Envoy: Nigeria, UK’s Trade Relations Currently Worth £7bn
May 7, 2024

Trading by both countries is relatively balanced The British High Commissioner in Nigeria, Dr Richard Montgomery,...

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As Ajaokuta Steel Wastes, Nigeria’s Annual Import Hits $8bn
May 3, 2024

Nigeria spent $8 billion to import steel into the country annually, hence the urgent need to...

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Strengthening Naira Value Boosts Business Activity Index To 51.1
May 3, 2024

Business activity in Nigeria rose to the highest in three months in April 2024 as a...

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Nigeria, India to finalise local currency trade settlement system soon
May 3, 2024

Nigeria and India will soon finalise a system of settling international trade between both countries in...

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Active bank accounts in Nigeria hit 219.6 million in March 2024 – NIBSS
April 30, 2024

The number of active bank accounts in Nigeria jumped to 219.6 million in March 2024, marking...

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Revenue: IMF says SSA’s critical mineral reserves can increase region’s GDP by 12%
April 30, 2024

The International Monetary Fund (IMF) says the critical mineral deposits in sub-Saharan Africa (SSA) can boost...

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Clean energy jobs hit 35m in fossil fuel sector – Report
April 30, 2024

Clean energy jobs rose to 35 million in the fossil fuel sector, representing a growth of...

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