Business Climate and Economy

FG’s Earnings From Electronic Transfer Levy Up 27.29% To N18.78bn
May 22, 2024

The Electronic Money Transfer Levy (EMTL) revenue component of disbursements by the Federation Account Allocation Committee...

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Nigeria, Saudi Arabia resume joint cargo flights in scramble for $6 trillion market
May 22, 2024

The Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed that cargo flight operations between...

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Hike in movie ticket prices drives Nigerian cinema’s N2.25B revenue in Q1 2024
May 22, 2024

The Nigerian cinema industry recorded a revenue of $1.5 million from ticket sales in the first...

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The ranking: Africa’s Fastest Growing Companies 2024
May 21, 2024

The third year of our now expanded ranking of Africa’s Fastest Growing Companies (below) comes against...

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Germany, Nigeria Trade Relations Hits €3bn – Envoy
May 21, 2024

The German Ambassador to Nigeria, Annette Gunther, says trade relations between the Federal Republic of Nigeria...

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Drycleaners develop strategies to access $165bn global industry
May 17, 2024

The Fabric Professionals and Dry Cleaners Association of Nigeria has stated that its conference tagged, ‘Clean...

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Report: 5G Enterprise Market To Reach $115.8bn By 2030
May 16, 2024

The 5G market is projected to grow from a size of $17.30 billion in 2023 to...

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Netherlands topples India as Nigeria’s second largest trade partner in 2023
May 15, 2024

The Netherlands has overtaken India to become Nigeria’s second-largest trade partner in 2023. This is according to the foreign trade statistics reports...

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NOG 2024: Nigeria, Others Harnessing Gas To Boost Economy
May 9, 2024

Nigeria is set to lead other African nations towards harnessing gas and other cleaner and greener...

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Fish Deficit: Forex Crisis Stifles Nigeria’s $1.02bn Import Plan
May 9, 2024

High foreign exchange has stifled importation of fish into Nigeria in the first four months of...

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Nigeria Among Korea’s Top 5 Trade Partners In Africa – Envoy
May 8, 2024

Korean Ambassador to Nigeria, Kim Pankyu, has said Nigeria was amongst Korea’s top 5 trade partners...

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Envoy: Nigeria, UK’s Trade Relations Currently Worth £7bn
May 7, 2024

Trading by both countries is relatively balanced The British High Commissioner in Nigeria, Dr Richard Montgomery,...

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