Business

The Nigerian Extractive Industry Transparency Initiative (NEITI) has announced that it has recovered over $3 billion from the oil and gas sector, and identified over $20 billion more in unremitted …

President Bola Tinubu has assured foreign investors of ease in the repatriation of funds as the Federal Government ramps up efforts to attract more businesses to the country. The Nigerian …

Nigeria, Africa’s largest economy, is facing a wave of exits by multinational companies that are struggling to cope with the country’s macroeconomic environment. The federal government says it is in …

Nigeria’s small and medium-sized enterprises (SMEs) are set to benefit from a $20 million Trade Finance Facility Agreement signed by the African Development Bank (AfDB) and FSDH Merchant Bank. The …

Nigeria is facing a drug crisis as the value of medicines imported into the country rose by 68 percent to N81.8 billion in the third quarter of 2023, according to …

Procter & Gamble (P&G), a multinational consumer goods company, has decided to end its operations in Nigeria after more than three decades, citing unfavorable macroeconomic conditions. The move could result …

Jumia, Africa’s leading e-commerce platform, has announced Sunil Natraj’s appointment as its Nigerian unit’s new CEO, effective from January 1, 2024. Natraj will replace Massimiliano Spalazzi, who has led Jumia …

Nasir El-Rufai, the former governor of Kaduna State, Nigeria, has announced his plans to set up a $100 million venture capital fund for startups in the country, especially those in …

Nigeria, a country with abundant agricultural resources and potential, is facing a serious challenge of food insecurity and malnutrition. According to a recent report by the government and the UN, …

Nigeria’s creative industry has witnessed remarkable growth and expansion in the past decade, becoming a major contributor to the country’s economy and a source of global recognition. According to a …