In a resounding display of commitment to Nigeria’s burgeoning small and medium-sized enterprises (SMEs), Google has announced the inauguration of the Hustle Academy SMB Fund. This groundbreaking initiative will provide …
Business
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Nigeria’s naira, which has been fluctuating in the foreign exchange market, is expected to stabilise soon as the $3 billion loan secured by the government from the African Export-Import Bank …
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Business
Boosting Agricultural Productivity: Experts Converge in Ibadan for Seed Innovation Workshop
In a bid to enhance agricultural productivity and innovation, a diverse group of experts, including researchers, geneticists, breeders, farmers, and seed stakeholders, have gathered in Ibadan for a three-day capacity …
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In 2010, the Tony Elumelu Foundation (TEF) was founded with a dream: empower Africa’s youth, drive economic growth, and combat poverty. Tony Elumelu, the visionary behind TEF and a renowned …
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Business
How Nigeria’s Forex Crisis Could Be Solved by Cutting Down BDCs, Says Presidential Adviser
According to Tope Fasua, the Special Adviser to the President on Economic Affairs, Nigeria’s foreign exchange market desperately needs structural reforms. He has proposed that the Central Bank of Nigeria …
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Nigeria’s beer industry is facing a tough challenge as the rising cost of borrowing has eroded the profits of the major brewers in the country. According to a BusinessDay report, …
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Nigeria’s top five banks by market capitalisation have posted impressive earnings in the first half of 2023, despite the macroeconomic headwinds and regulatory reforms. According to their financial statements, the …
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The Bill and Melinda Gates Foundation has announced its support for 29 African start-ups that are working to improve the healthcare supply chain on the continent. The start-ups will receive …
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In a dramatic twist for Olam Group Ltd., shares plummeted to a near 15-year nadir following contentious fraud accusations in Nigeria. This further compounds an already challenging year for the …
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The Central Bank of Nigeria (CBN) on Monday has directed commercial banks not to use their foreign exchange revaluation gains for dividends or operational expenses. This was disclosed in a …