Business Climate and Economy

Nigerian cinemas record nearly 50% revenue increase YoY in January
February 22, 2024

The Cinema Exhibitors Association of Nigeria (CEAN) has kicked off the year with a commendable financial...

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FBNQuest projects 3.1% GDP growth for Nigeria this year
February 19, 2024

FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc, has forecast that Nigeria’s...

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Eleven of the world’s 20 fastest growing economies in 2024 are in Africa – AfDB
February 19, 2024

The African Development Bank Group announced in its latest Macroeconomic Performance and Outlook (MEO) report that...

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Top 10 sectors that attracted the most foreign investment in Nigeria 2023
February 19, 2024

In the fiscal year of 2023, Nigeria saw a shift in foreign investment trends amid economic...

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FDI to manufacturing sector increased by 67.69% to $1.59 billion in 2023- NBS
February 19, 2024

A review of the capital importation report of the Nigeria Bureau of Statistics reveals that foreign...

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Special economic zones attracted $66b to Nigeria, says OGFZA
February 16, 2024

The Managing Director of the Oil and Gas Free Zones (OGFZA), Bamanga Usman Jada, said the...

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Nigeria, UK Trade Hits N12trn As Deal Sealed To Ease Barriers
February 15, 2024

The value of trade between Nigeria and the United Kingdom has hit $8.2 billion as at...

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Indian investors get approval to invest $25 million in Nigeria
February 14, 2024

In a landmark move poised to redefine the contours of Nigeria’s financial landscape, Indian investors have...

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Reforms: Forex Inflow Surges By 66.7% To $2.2bn
February 12, 2024

Foreign exchange inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) surged by 66.7 per cent...

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Credit Economy will Boost Entrepreneurship, Says NICA
February 12, 2024

The National Institute of Credit Administration of Nigeria (NICA) has stated that an enhanced credit economy...

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Nigeria’s Non-oil Export Trade Rises To $4.517bn
February 12, 2024

Despite facing numerous economic challenges, Nigeria has witnessed a notable surge in non-oil export trade, soaring...

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Blue Economy can add $500bn to Nigeria’s economy – Opuala-Charles
February 8, 2024

The President of Garden City Premier Business School, Prof. Silva Opuala-Charles, on Monday, said the blue...

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