Business Climate and Economy

‘Nigeria Can Earn $1bn Annually From Carbon Finance’
October 1, 2024

For a nation too long distracted by crude oil earnings, $1 billion earning possibilities exist for...

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Tinubu: Nigeria’s Petrol Consumption Now 30m Litres Daily
October 1, 2024

President Bola Tinubu said the current daily petrol consumption of Nigeria is about 30 million litres....

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Nigeria Earned $38.907bn As Oil Revenue In Two Years – NEITI
October 1, 2024

Nigeria earned a total of $38.9 billion as oil revenue in 2022 and 2023. While it...

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Active bank accounts in Nigeria rise to 231.1 million in July 2024—NIBSS
October 1, 2024

The Nigeria Inter-Bank Settlement System (NIBSS), has revealed that the number of active bank accounts in...

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CBN says new IMTO licences push Nigeria’s remittance inflows to $585 million in August 2024
October 1, 2024

The Central Bank of Nigeria (CBN) has said that its recent decision to licence more International...

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Nigeria records 1.2 million international visitors, 20% rise in domestic trips in 2023
October 1, 2024

Nigeria’s Minister of Tourism, Lola Ade-John, announced that the country welcomed over 1.2 million international visitors...

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Telcos shift to renewables as diesel cost hits N570bn
October 1, 2024

Nigerian solar sector set to benefit from rising energy costs Nigeria's telecom companies, including MTN and...

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Nigerian Investors, Others Seal $3.5bn Deals In Indonesia
September 24, 2024

About 32 business partnership deals, covering agriculture, manufacturing and other key sectors of the economy valued...

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September 24, 2024

The Nigerian Railway Corporation (NRC) has generated over $696k in revenue from goods transported via rail...

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Malaysia and Nigeria enhance bilateral relations as trade reaches $747 million
September 24, 2024

Aiyub bin Omar, Malaysia’s High Commissioner to Nigeria, has reiterated his country’s dedication to strengthening diplomatic...

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ICT drives about 90% of Nigeria’s GDP—Ayotunde Coker
September 24, 2024

The Chief Executive Officer of Open Access Data Centre, Dr. Ayotunde Coker, has revealed that Information...

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CBN’s Survey Shows Firms Optimistic About Economy
September 20, 2024

The Central Bank of Nigeria’s (CBN) latest Business Expectations Survey (BES), which was carried out between...

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