Introduction The discourse surrounding the minimum wage in Nigeria has always been a critical point of discussion, particularly for the business community. As the government and labor unions engage in …
Business Policies
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Business InsightsBusiness PoliciesDevelopmentEconomyLabourNigeriaSpotlightWestern Africa
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PenCom and Lagos Government Call for Informal Workers to Join Pension Scheme
The National Pension Commission (PenCom) and the Lagos State Governor, Babajide Sanwo-Olu, have renewed the push to bring informal sector workers into Nigeria’s Contributory Pension Scheme (CPS). This was the …
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BusinessBusiness PoliciesEconomyFinance & ServicesGOVERNMENTInternational RelationsNigeriaPoliciesTrade and Commerce
ACCI President Urges Nigeria to Improve Currency Swap with China to Support Businesses
The President of the Abuja Chamber of Commerce and Industry (ACCI), Chief Emeka Obegolu, has appealed to the Nigerian Government to take urgent steps to make it easier for local …
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Angola’s $200 Million Trouble with JPMorgan Exposes Africa’s Mounting Debt Pressure
Angola has found itself in the news again over its rising financial pressures, as a $200 million margin call from U.S. banking giant JPMorgan Chase & Co. has exposed the …
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AgricultureBusinessBusiness PoliciesDevelopmentEastern AfricaEconomyFinance & ServicesGOVERNMENTPoliciesRwandaRwanda Daily
Rwanda’s Economy to Grow Slower in 2025 as Government Budget Increases by 20%
Rwanda’s Finance Minister, Yusuf Murangwa, has told the nation’s parliament that the country’s economy will grow at a slower pace in 2025 compared to last year. Presenting a draft budget …
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BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsMarketsNigeriaWestern Africa
Manufacturers Count N1.91bn FX Loss in Q1 2025 Amid Currency Volatility
Nigeria’s manufacturing sector continues to feel the pinch of unstable foreign exchange rates, as top firms recorded a combined N1.91 billion forex loss in the first quarter of 2025. This …
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BusinessBusiness InsightsBusiness PoliciesEconomyEnergyGOVERNMENTInfrastructureNigeriaPoliciesWestern Africa
Gencos Urge President Tinubu to Fast-Track Meeting on N4.7tn Power Sector Debt
Electricity generation companies (Gencos) in Nigeria are calling on President Bola Ahmed Tinubu to urgently fix a date for the long-awaited meeting over the rising debt crisis in the power …
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Investors Watch DMO’s ₦550bn Treasury Bills Auction as Market Eyes Interest Rate Direction
Many investors are paying close attention to the Treasury Bills auction being held today, Tuesday, May 7, 2025, as the Debt Management Office (DMO) offers ₦550 billion worth of T-bills …
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BusinessBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyGOVERNMENTManufacturingNigeria
NECA Backs FG’s Buy Made-in-Nigeria Policy, Calls for Strict Implementation
The Nigeria Employers’ Consultative Association (NECA) has expressed strong support for the Federal Government’s new Buy Made-in-Nigeria Procurement Policy, describing it as a timely move to drive industrial growth and …
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BusinessBusiness InsightsBusiness PoliciesEconomyEnergyInfrastructureNigeriaOil & GasSecurity
Seplat Energy to Boost Gas Supply to Nigeria LNG by 12% Amid Pipeline Challenges
igeria LNG Limited is set to receive a major boost in gas supply as Seplat Energy has entered into a new preliminary agreement to supply over 150,000 tons of gas …