Business Climate and Economy

Breaking: Netherlands to pump fresh $250 million into Nigeria
April 29, 2024

Prime Minister Mark Rutte has announced the activation of $250 million in fresh investments in Nigeria....

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Nigeria’s 5G subscriptions rise to 1.24% in March 2024—NCC
April 26, 2024

Subscriptions for 5G connectivity maintained a steady increase, reaching 1.24% of the country’s total connections as...

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Q1’24: Oil Producing States’ Earnings Hit N199.96bn
April 24, 2024

Amid huge infrastructure and socio-economic decay, Nigeria’s oil producing states got a total of $157.6 million...

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Power: ‘Nigeria Needs Structures For World Bank’s $35bn Facility’
April 24, 2024

Good structure will enable executors of the facility identify where there are customers that are ready...

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‘24m Family Businesses Contribute $200bn To National Economy’
April 22, 2024

Only 30 per cent of family businesses survive beyond their first generation, the Dean of the...

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Paper industry contribution to economy rises to N398bn – Report
April 22, 2024

The contribution of the paper industry rose to $322.7 million in 2023, up from $288 million...

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90% of Nigeria’s tax revenue comes from only nine taxes – Wale Edun
April 22, 2024

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that approximately...

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Customs’ revenue at Tincan Port increases by 139% in Q1
April 22, 2024

Comptroller of Customs Area Commander at Tincan Island Ports (TCIP), Dera Nnadi, has reported that the...

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Only 6% Of Nigerians Own Vehicles — NADDC
April 22, 2024

The Director General of the National Automotive Design and Development Council (NADDC) Joseph Osanipin has revealed...

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NSIA invests $500 million in domestic infrastructure projects in Nigeria
April 22, 2024

The Managing Director of the Nigeria Sovereign Investment Authority (NSIA), Aminu Umar Sadiq, has announced an...

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Nigeria to earn $3 billion from cocoa as prices stay higher than $10,100 per ton
April 18, 2024

Cocoa futures recovered above the $10,150 mark on the Intercontinental Exchange (ICE) in New York as...

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Mobile money transactions in Nigeria jump to N17 trillion in Q1 2024 – NIBSS
April 18, 2024

Mobile money operators (MMOs) in Nigeria, comprising the likes of OPay, Palmpay, and others, witnessed a...

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