Business Climate and Economy

Russia To Commence Importation Of Nigeria’s Cocoa This Month
September 5, 2024

As Russia concludes plans to initiate direct import of cocoa beans from Nigeria, shipments of 17,000...

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Nigeria Begins Petrol Production After 28 Years
September 4, 2024

For the first time in nearly three decades, Nigeria has commenced local production of petrol, following...

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Nigeria accounts for 14% as African startups raise $56 million in August 2024 – Report
September 4, 2024

A single raise by Nigerian fintech, Waza, gave the country a 14% share of total funds...

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30 million Nigerians have credit scores – CRC Credit Bureau
September 3, 2024

The leading credit bureau in Nigeria, CRC Credit Bureau, has revealed that over 30 million Nigerians...

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H1’24: Malaysia Exports N128bn Worth Of Palm Oil To Nigeria
September 2, 2024

An average of 96,114 metric tonnes of crude palm oil valued at $87.25 million were ferried...

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FG Spends $13.94bn On PMS Import In 14 Months
September 2, 2024

The Federal Government has hired no fewer than 316 ships to ferry $13.94 billion worth of...

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Nigerian oil grades maintain premium status, Cast light on economy
September 2, 2024

Nigeria’s Brass River, Bonny Light, and Qua Iboe have edged much higher than the current Brent...

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Without structural gaps, Nigeria’s GDP will grow by 5% – IMF
August 29, 2024

The International Monetary Fund has said that Nigeria’s economy stands to grow at five per cent...

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ICT’s contribution to Nigeria’s real GDP hits 19.78% in Q2 2024 – NBS
August 28, 2024

Activities in Information and Communications Technology (ICT) contributed 19.78% to Nigeria’s real Gross Domestic Product (GDP)...

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Nigeria’s health sector grows by 2.41% in Q2 2024 -NBS
August 28, 2024

The Nigerian health sector’s real GDP grew by 2.41% year-on-year in Q2 2024, up from 1.95%...

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Over 10,000 projects require $42.9trn to complete – Quantity surveyors
August 27, 2024

The Nigerian Institute of Quantity Surveyors (NIQS) says Nigeria requires about $42.9 trillion to complete over...

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Nigeria To Take Delivery Of Wheat Worth N194bn In August
August 27, 2024

About 400,000 tonnes of durum, hard red winter and soft red winter wheat varieties valued at...

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