Business

Nigeria, Africa’s largest economy, faces a serious challenge of rising foreign debt as investors shun its domestic market. According to a National Bureau of Statistics report, Nigeria borrowed $1.21 billion …

The United States Government, through the US Agency for International Development, is set to allocate a significant $29 million investment to bolster aquatic and fish farming initiatives in Nigeria, Bangladesh, …

With a nod to history and a vision for the future, Governor AbdulRahman AbdulRazaq unveils Kwara State’s newly-developed sugar film factory. This initiative symbolizes the administration’s commitment to job creation, …

The Organisation of Oil Petroleum Exporting Countries (OPEC) has taken active steps in reviewing and addressing production data across its member states and allies. Prices have seen an 8% decline, …

The World Bank has recently adjusted its growth projection for Nigeria, the largest economy in Africa, to a slower pace of 2.9% in 2023, down from the earlier forecast of …

The 10th Nigeria Energy Conference recently convened with a resounding message—Nigeria’s energy sector stands at the cusp of transformative change. Held under the theme “Unlocking New Value with Reforms, Investments, …

Meta, the owner of Facebook, Instagram, and WhatsApp, is facing a legal battle in Nigeria over its alleged violation of the country’s advertising laws. The Advertising Regulatory Council of Nigeria …

The value of the Naira, Nigeria’s national currency, is on a downward spiral. However, Peter Gregory Obi, the Labour Party’s presidential candidate for the 2023 elections, believes there’s a solution …

The National Bureau of Statistics (NBS) has provided insights into the recent pricing trends of cooking gas and kerosene in Nigeria. Let’s delve into the details. The average cost of …

In Nigeria, a nation blessed with an impressive gas reserve of 209 trillion standard cubic feet, a pressing issue looms large—the surge in gas prices. Chiedu Ugbo, the Managing Director …