Business Climate and Economy

Telcos shift to renewables as diesel cost hits N570bn
October 1, 2024

Nigerian solar sector set to benefit from rising energy costs Nigeria's telecom companies, including MTN and...

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Nigerian Investors, Others Seal $3.5bn Deals In Indonesia
September 24, 2024

About 32 business partnership deals, covering agriculture, manufacturing and other key sectors of the economy valued...

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September 24, 2024

The Nigerian Railway Corporation (NRC) has generated over $696k in revenue from goods transported via rail...

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Malaysia and Nigeria enhance bilateral relations as trade reaches $747 million
September 24, 2024

Aiyub bin Omar, Malaysia’s High Commissioner to Nigeria, has reiterated his country’s dedication to strengthening diplomatic...

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ICT drives about 90% of Nigeria’s GDP—Ayotunde Coker
September 24, 2024

The Chief Executive Officer of Open Access Data Centre, Dr. Ayotunde Coker, has revealed that Information...

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CBN’s Survey Shows Firms Optimistic About Economy
September 20, 2024

The Central Bank of Nigeria’s (CBN) latest Business Expectations Survey (BES), which was carried out between...

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AI could boost Africa’s economy by over $30 billion in 10 years—Report
September 20, 2024

A new report by research consultancy, Public First has revealed that Artificial Intelligence (AI) could contribute...

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Nigerian Customs Apapa Command hits record N1.5 trillion revenue in 9 months
September 20, 2024

The Nigerian Customs Service, Apapa Area Command, has announced an unprecedented revenue collection of $914.5 million...

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Data centre: Nigeria has only 5% of megawatts required for digital economy – Ikechukwu Nnamani
September 20, 2024

The Chief Executive Officer of Digital Realty Nigeria, Engr. Ikechukwu Nnamani has said that Nigeria currently...

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Nigeria now records monthly net inflow of $2.35 billion into foreign reserves – Wale Edun
September 20, 2024

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

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Apapa port records 25% increase in non-oil export cargoes in first half of 2024
September 20, 2024

Nigeria’s largest container terminal, the APM terminal Apapa has recorded 25% increase in non-oil export cargoes...

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NIMC says over 110 million Nigerians now have NIN
September 20, 2024

The Director General of the National Identity Management Commission (NIMC), Abisoye Coker-Odusote, has said that more...

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