Business Climate and Economy

Nigeria’s 5G connections hit 4 million in December 2024, as 4G expands
February 6, 2025

Data released by the Nigerian Communications Commission (NCC) has revealed that 5G connections in the country...

Read More
Nigeria’s business confidence rises as PMI hits 52.0 in January 2025
February 6, 2025

Nigerian businesses are maintaining strong confidence in the economy, despite a slight moderation in growth, as...

Read More
Cocoa, Fertiliser Lead, As Non-oil Exports Rise To $5.46bn
February 6, 2025

The Nigerian Export Promotion Council (NEPC) has announced an increase in the country’s non-oil export earnings...

Read More
‘$4.928bn Funding Shows Nigeria’s Commitment To Climate Change’
February 2, 2025

Nigeria’s receipts of a total of $4.928 billion in funding for 828 climate-related projects over the...

Read More
E-payment transactions in Nigeria hit all-time high of N1.07 quadrillion in 2024
February 2, 2025

Electronic payment transactions in Nigeria rose to $708.1 billion in 2024, reaching an all-time high and...

Read More
50% tariff hike could unlock over $150 million in mobile network investments – GSMA
February 2, 2025

A 50% increase in mobile tariffs in Nigeria could unlock more than $150 million in additional...

Read More
Nigeria’s data privacy ecosystem can drive a trillion-dollar economy – NDPC
February 2, 2025

The Nigeria Data Protection Commission (NDPC) has stated that the country’s data privacy ecosystem has the...

Read More
Nigeria requires $360 million investment to push 4G coverage to 98% – GSMA
January 24, 2025

GSM Association (GSMA), the global organization unifying the mobile ecosystem, has said that Nigeria will need...

Read More
Cashew industry can contribute $3.7 billion into Nigeria’s economy, says NCAN president
January 24, 2025

The National Cashew Association of Nigeria (NCAN) has stated that the cashew industry has the potential...

Read More
Lagos Detty December revenue hits $71.6 million, with $44 million from hotels, $13 million from short-lets
January 24, 2025

The Lagos State Government recorded an impressive economic boost during the December 2024 festive season, generating...

Read More
Nigeria stands to gain from $136b AI, says WTO DG
January 24, 2025

The Director-General, World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has said Nigeria and three other African...

Read More
Nigerians in diaspora spent N60 billion in December 2024 – NiDCOM
January 20, 2025

The Chairman of the Nigerians in Diaspora Commission (NIDCOM), Ms. Abike Dabiri-Erewa disclosed that Nigerians in...

Read More