Business Climate and Economy

Digital Economy Attracts $191m In Q1, Fibre Rollout Begins Q4 – FG
May 23, 2025

Nigeria’s Communications and Digital Economy sector has witnessed massive growth under President Bola Ahmed Tinubu, attracting...

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Nigeria, Others Lose $2bn To Illegal Fishing
May 23, 2025

Nigeria, Benin and other countries in the Gulf of Guinea (GoG) are losing $2 billion to...

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Terminating Waivers To Boost Local Shipping
May 23, 2025

After losing $47.25 billion freight earnings to foreign liners in Nigerian coastal trade since 2004, the...

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Artificial Intelligence can boost farm yields and lower losses – Expert says
May 23, 2025

The Chief Operating Officer (COO) of Wootlab Innovations, Chioma Okoro has revealed that Artificial Intelligence (AI)...

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Nigeria attracts $8 billion investment in deepwater, gas projects in a year – Olu Verheijen
May 19, 2025

The Presidency has announced that the country has attracted over $8 billion in investments for deepwater...

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Report: Regulatory uncertainty deterring private capital investment in Nigeria’s Agriculture and Infrastructure sectors
May 19, 2025

Regulatory uncertainty is deterring private capital investment in Nigeria’s agricultural and infrastructure sectors, according to a...

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Only 13% of Nigerians have records with credit bureaus – CREDICORP CEO
May 19, 2025

One year after the federal government established the Nigerian Consumer Credit Corporation (CREDICORP), the agency is...

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Nigeria’s Oil Output Rises To 1.49m Barrels Per Day In April – NUPRC
May 14, 2025

Nigeria’s crude oil production rose to 1,485,700 barrels per day (bpd) in April, representing a 6.06%...

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How Nigerian Trade Defies Insecurity, Surged To N196.94trn 2024
May 14, 2025

Despite pervasive security threats across borders, Nigeria’s trade value surged to $122.85 billion in 2024, recording...

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Expert Highlights Reasons Telecom Operators Shun Rural Areas
May 14, 2025

Telecommunications companies (telcos) consistently avoid expanding services to rural regions, prioritising urban centers where profitability is...

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Tariff Hike: Nigeria’s Internet Users Decline –NCC
May 14, 2025

Nigeria’s telecommunications sector witnessed a notable decline in internet users following a 50 per cent tariff...

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NEPC: 1.6m Bags Of Onions Leave For Nigeria Without Records
May 9, 2025

Over 1.6 million bags of onions are traded informally to the neighbouring countries of Ghana, Cote...

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