Business Policies

The Financial Reporting Council of Nigeria (FRC) has said that Nigeria’s economy cannot be classified as hyperinflationary, despite rising inflation and concerns raised by the International Monetary Fund (IMF) and …

Stakeholders in Nigeria’s pharmaceutical industry have expressed concern that the recently introduced two-year import duty and VAT waiver on pharmaceutical raw materials may fall short of expectations unless the Federal …

Dangote Sugar Refinery Plc has announced plans to generate over 75,000 jobs within its sugar value chain as part of its long-term growth strategy, even as the company recorded a …

FCMB Group Plc has recorded strong growth in its banking and non-banking operations, closing the 2024 financial year with total assets of N7.1 trillion. As of March 31, 2025, the …

First HoldCo Plc has recorded a drop in its profit for the first quarter of 2025, with total profit falling to N171.1 billion from N208.1 billion posted in the same …

The Federal Government of Nigeria has signed a Memorandum of Understanding with Shelter Afrique Development Bank to grow the housing sector by expanding the Ministry of Finance Incorporated Real Estate …

Developers in Nigeria’s retail sector are changing their focus. Instead of building large shopping malls like before, many of them are now going for smaller, community malls also called neighbourhood …

Investor interest in Federal Government of Nigeria bonds has dropped, as concerns about rising interest rates and high inflation continue to affect decisions in the financial markets. According to the …

More than 70 million contactless debit cards given to Nigerians by banks are still not being used, mainly because many Nigerians do not trust the technology. Even though the cards …

Air travel in Nigeria is yet to bounce back to the level it was before the COVID-19 pandemic, mainly because many Nigerians are still facing financial pressure. With rising airfares …