Business Climate and Economy

Sweden announces opening of largest innovation hub in Lagos
April 23, 2025

Sweden has announced the opening of its largest innovation hub in Africa, located in Lagos State....

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Nigeria’s Web3 Boom Captured in Hashed Emergent’s Landmark Report: 80+ Startups, $130M Raised, 3% of Global Web3 Developers
April 23, 2025

Hashed Emergent, the venture capital firm accelerating web3 adoption in Africa and other emerging markets, has...

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AKK 72 per cent completed, says NNPCL boss
April 11, 2025

The Nigerian National Petroleum Company Limited (NNPCL) yesterday said the implementation of the Ajaokuta Kaduna Kano...

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Cashew: Multiple Challenges Depriving Nigeria Of Benefits In $11bn Market
April 11, 2025

With cashew market projected to hit $11 billion globally this year, the National Cashew Association of...

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STEM education key to Nigeria’s $15 billion AI projection–Edtech founder
April 11, 2025

Founder of STEM-A-School and Product Hub Africa (PHA), Victoria Oladosu, has emphasized the urgent need for...

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Report: E-Payment Transactions Up 12.21% To 104.27trn
April 11, 2025

The value of transactions through electronic payment (e-payment) channels in the country fell by 12.21 per...

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AfCTA: Investment In LPG To Address Africa’s $15bn Infrastructure Gap
April 11, 2025

The African Energy Chamber (AEC) has called for greater utilisation of African financial solutions to address...

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Nigeria’s business confidence strengthens as PMI hits 52.3 in March 2025 – CBN report
April 11, 2025

Nigeria’s private sector activity continued its upward trajectory in March 2025, with the Central Bank of...

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Afreximbank secures $300 million in first-ever Chinese Panda bond offering
April 10, 2025

The African Export-Import Bank (Afreximbank) has successfully raised $299.9 million (2.2 billion renminbi) through its inaugural...

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Nigeria records $6.83 billion balance of payments surplus in 2024 – CBN
April 10, 2025

Nigeria recorded a balance of payment (BOP) surplus of $6.83 billion in 2024, marking a sharp...

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Fertiliser: Nigeria Exports N193bn Worth Of Urea To South America
April 10, 2025

No fewer than 345,000 metric tonnes of bulk urea worth $124.3 million left Nigerian port to...

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‘90% of women SME owners lack access to funding’
April 10, 2025

It has been observed that while women own 45 per cent of small and medium enterprises...

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