Business Climate and Economy

Nigeria’s New Crude Grade Boosts Production Target
August 7, 2024

Nigeria has added a new crude grade known as Utapate, as Africa’s biggest oil producer strives...

Read More
Bank Approves $500m To Boost Electricity Access In Nigeria
August 5, 2024

The Board of Directors of the African Development Bank Group has approved a loan of $500...

Read More
Nollywood to overtake Hollywood captures 50% of Nigerian Box Office revenue in first half 2024
August 2, 2024

The Nollywood film industry is on track to surpass Hollywood in Nigerian box office revenue contribution,...

Read More
African airlines record 16% passenger demand growth in June 2024
August 2, 2024

African airlines have emerged as a significant force in the global aviation sector, recording about 16%...

Read More
Africa-Asia air cargo routes lead annual growth with 37.5% increase in June 2024
August 1, 2024

The Africa-Asia air cargo routes have emerged as the top performers in annual growth, recording an...

Read More
Startups in Nigeria, South Africa, others raise $1 billion in seven months
July 31, 2024

From about $800 million in funding raised in the first half of 2024, startups funding hit...

Read More
H1’24: Customs Surpasses Revenue Target, Collects N2.74trn
July 31, 2024

The Nigeria Customs Service (NCS) has announced a mid-year ( 2024) revenue collection in the sum...

Read More
Increased subsea cable to enhance W’Africa’s GDP
July 30, 2024

Executive Vice Chairman/CEO, Nigeria Communications Commission (NCC), Dr Aminu Maida, has said that increased subsea cable...

Read More
Nigeria’s Petroleum Products’ Imports From Malta Hit $2.317bn In 4-Year – Report
July 30, 2024

Statisense is a leading AI data company specializing in financial report analysis, bank statement evaluation, and...

Read More
Nigeria’s Crude Oil Production Hits 1.61mbpd – NUPRC
July 29, 2024

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that Nigeria’s average crude daily production has...

Read More
International Telecommunications Union scores Nigeria 71% in digital transformation readiness
July 29, 2024

The International Telecommunications Union (ITU), has scored Nigeria 71% in comparative legal, policy, and governance frameworks...

Read More
Sub-Saharan African Countries Gunning For Mobile Money Services To Boost Economy – Report
July 29, 2024

Sub-Saharan Africa countries are now leveraging mobile money services to boost their economies, a new report...

Read More