Business Climate and Economy

Nigeria’s oil production rises to 1.53 million barrels per day in July – NUPRC
August 27, 2024

Nigeria’s crude oil and condensate productions have increased to 1.53 million barrels per day in the...

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Nigeria’s GDP grows by 3.19% in Q2, 2024 – NBS
August 27, 2024

Nigeria’s Gross Domestic Product (GDP) experienced a year-on-year growth of 3.19% in real terms during the...

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Nigeria’s Snack Food Industry To Hit $1.5bn By Year-End
August 26, 2024

Amid a struggling economy and scarcity of food items, the value of Nigeria’s snack food industry...

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EnterpriseNGR publishes state of enterprise 2024 report, highlights strong growth in Nigeria’s financial & professional services sector
August 26, 2024

EnterpriseNGR, a member-led group fostering collective advocacy to develop Nigeria’s Financial & Professional Services (FPS) sector...

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Seven in 10 shoppers switch brands in past year, experts say
August 26, 2024

Stakeholders on consumer behaviour have said that brand Loyalty is now uncertain as almost seven in...

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Nigeria’s waste management industry worth $250 billion
August 26, 2024

About $250 billion is yet to be tapped in Nigeria's waste management sector, the Managing Director...

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FG: Nigeria Requires $100bn Investments For 2050 Economic Agenda
August 22, 2024

The Nigeria economic agenda 2050 will require $100 billion investment annually to achieve a GDP per...

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Remittances Hit All-time High In July At $553m – CBN
August 22, 2024

The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553...

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Nigerian Companies spend over N170 billion on Travel, Hotel expenses up 51%
August 21, 2024

Nigerian companies incurred over $108 million in travel and transport-related expenses in the financial year that...

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Over 30m Nigerians financially excluded – NESG
August 20, 2024

The Nigerian Economic Summit Group (NESG) has advocated a more effective approach in Nigeria’s financial inclusion...

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Report predicts changing global trade patterns
August 19, 2024

A new report by Duplo, a provider of payment, spend and vendor management solutions for African...

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Chinese firm to invest $50m in tin, others in Nasarawa
August 19, 2024

A Chinese firm, Nizhong Mining Company, has announced that it will invest $50 million in the...

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