A civic-tech organization, BudgIT, has raised the alarm over a huge mismatch in the proposed 2024 budget of Nigeria, which it says amounts to N3.42 trillion. The group claims that …
Nigeria
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Nigeria’s aviation sector is set to receive a major upgrade in the 2024 fiscal year, as the federal government has allocated N23 billion for the rehabilitation and repairs of airports, …
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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 …
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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 …
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Nigeria is facing its worst cost of living crisis in two decades, as inflation and fuel subsidy removal have pushed up the prices of food and transport. Many families are …
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Nigeria’s $790m debt to foreign airlines could force some of them to stop flying to the country, according to the International Air Transport Association (IATA). The IATA, which represents …
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Canada has announced a significant increase in the cost-of-living financial requirement for study permit applicants from other countries, including Nigeria, starting from January 1, 2024. According to a statement by …
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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 …
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Nigeria’s President Bola Tinubu and Vice President Kashim Shettima have sparked debates and raised eyebrows by allocating a staggering N15.961 billion for their international and local travels in the upcoming …
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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 …
