Business Climate and Economy

AFCFTA To Stimulate Intra-African Trade By $35bn Annually
June 26, 2024

The African Continental Free Trade Area (AfCFTA) could stimulate trade within the region to the tune...

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Wakanow: Global Travel, Tourism Market To Hit $63bn
June 26, 2024

The Group Managing Director (GCEO) of Wakanow, Mr. Bayo Adedeji, has disclosed that spending in global...

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Micro transfers fuel N600tn e-payment boom
June 25, 2024

Micro transactions, defined as transfers below $6.5 are powering Nigeria’s electronic payment (e-payment) boom, highlighting the...

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Customs Records N4.49trn Revenue In 12 Months
June 21, 2024

The Nigeria Customs Service (NCS) has disclosed that it recorded 74 percent growth in revenue collection...

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Nigeria, nine others control 74% of Africa’s $1b domain name industry
June 20, 2024

The Internet Corporation for Assigned Names and Numbers (ICANN) said the yearly Domain Name System (DNS)...

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Climate firms get 45% of African funding, fintechs raise $158m
June 20, 2024

The gloomy global economy portends danger for startups, especially fintechs, according to ‘Africa: The Big Deal...

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Report Explores Surge In Fintech Innovation In Africa
June 20, 2024

A new report by BDO Africa has explored how transformative technology within the African Fintech landscape...

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Despite Challenges, Africa Sustains Second-Year Profitability, Says IATA
June 20, 2024

Despite headwinds, the International Air Transport Association (IATA) has expressed joy with Africa’s sustained demand for...

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Advertising spend soared to N605bn in 2023 – Report
June 19, 2024

Nigeria’s advertising spend surged to $385.5 million in 2023, a milestone that reflects the industry’s robust...

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June 14, 2024

The Nigerian advertising industry is set to reach an estimated $567.4 million by 2028, according to...

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Nigeria data protection ecosystem now worth over N10 billion – NDPC
June 14, 2024

The Nigeria Data Protection Commission (NDPC) has said that the economic value of the country’s data...

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World Bank affirms 3.3% economic growth forecast for Nigeria
June 13, 2024

The World Bank yesterday affirmed its 3.3 per cent economic growth forecast for Nigeria in 2024...

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