Business Climate and Economy

AfDB to unlock $10 billion for African farmers with new $500 million facility
March 24, 2025

African Development Bank (AfDB) Group President Dr. Akinwumi Adesina has unveiled plans for a groundbreaking $500...

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Germany, Poland, and Netherlands Ambassadors confirmed for agrofood & plastprintpack Nigeria 2025 To Boost Trade and Industry Relations in Nigeria
March 24, 2025

The 10th edition of agrofood & plastprintpack Nigeria is set to welcome top diplomats and trade...

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NIN enrolment hits 117.3 million in February 2025 – NIMC
March 24, 2025

Data from the National Identity Management Commission (NIMC) has revealed that enrolment for the National Identification...

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Local content in petroleum sector now 56% – NCDMB
March 24, 2025

The Nigerian Content Development and Monitoring Board, on Wednesday, announced that local content in the petroleum...

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Report: Energy Deficit Costs Residents, Businesses N5.3trn Annually
March 24, 2025

Energy shortfall in Lagos adds an extra $3.44 billion annually to the costs of residents and...

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Nigeria Has Opportunity In Global LNG Market – Experts
March 24, 2025

Nigeria has a unique opportunity to become a dominant player in the global Liquefied Natural Gas...

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Nigeria, Brazil sign $1.1bn agreement to boost food production, strengthen private sector investment
March 24, 2025

Nigeria and Brazil have signed the commercial phase of the $1.1 billion Green Imperative Project (GIP)...

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Nigeriens demand more Nigerian goods in 2024 as exports jump by 77% amid diplomatic tension
March 18, 2025

Trade between Nigeria and Niger Republic rebounded strongly in 2024, with exports from Nigeria soaring by...

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Consumer spending to rise by 6%, inflation 22.1% – Report
March 18, 2025

The Mastercard Economics Institute yesterday released its ‘Economic Outlook 2025’ with Nigeria’s gross domestic product (GDP)...

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Customs processes 28,496.294MT of exports in Seme
March 18, 2025

The Seme Command of the Nigeria Customs Service says it processed 28,496.294 metric tonnes of exports...

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Only 25% Of Vehicles Have Insurance
March 18, 2025

As of 2023, only about 25% of vehicles on Nigerian roads were insured, which translates to...

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Nigeria’s Broadband Penetration Hits 45.61%
March 18, 2025

Nigeria’s broadband penetration has climbed to 45.61 percent in January 2025, up from 44.43 percent in...

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