Nigeria has achieved its lowest level of crude oil theft in 16 years, a development analysts say could ease pressure on the foreign exchange market, boost fiscal revenues, and restore …
Business
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- AgricultureBusinessEconomyForeign ExchangeOil & GasTrade
Nigeria Records N12.64tn Trade Surplus in H1 2025, Analysts Warn of Risks
igeria recorded a trade surplus of N12.64 trillion in the first half of 2025, offering some relief for the country’s foreign exchange market even as concerns remain about structural weaknesses …
- BusinessEconomyEventsSustainabilityTrade
Dangote Partners Abuja Chamber to Sponsor 2025 International Trade Fair
Dangote Industries Limited has announced its sponsorship of the 2025 Abuja International Trade Fair, reaffirming its role as a key player in Nigeria’s industrial growth and Africa’s economic development. The …
- BusinessEconomyHousingInfrastructureNigeriaReal Estate
Pelican Valley Unveils Modern Site Office in Kobape, Ogun State
Pelican Valley Nigeria Limited has inaugurated a new modern site office at Pelican Brief Estate in the Kobape area of Ogun State, in what the company described as a milestone …
- BusinessEntertainmentInnovationRetailTechnologyYouth Empowerment
Infinix Opens Flagship Store in Abuja, Launches Gaming-Focused GT 30 Pro
Global smartphone brand, Infinix, has strengthened its footprint in Nigeria with the launch of a flagship retail outlet at Jabi Lake Mall, Abuja. The unveiling, which held on Sunday, also …
- BusinessEconomyGovernanceOil & GasRegulationSafety
NUPRC Revokes Oritsemeyin Rig Licence Over Safety Breach
An oil and gas industry consultant, Dr. Maurice Ibe, has said the revocation of the operating licence of the Oritsemeyin Rig is a clear warning to upstream operators in Nigeria …
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Insurance and Pension Stakeholders Back NAIPE’s 10th Annual Conference in Lagos
Stakeholders in Nigeria’s insurance and pension industries have declared strong support for the 10th annual conference of the Nigerian Association of Insurance and Pension Editors (NAIPE), scheduled to take place …
- BusinessEconomyGovernanceInsuranceLaw
Nigerian Insurance Industry Eyes Major Transformation with New Reform Act
The President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori, has said that the Nigerian insurance industry is entering a new era of growth and stability following …
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Nigeria Needs 21.9% Annual Growth to Achieve $1 Trillion Economy by 2031 – Afrinvest Report
Nigeria will require a minimum annual growth rate of 21.9 percent at an exchange rate of N1,500 per dollar, or a stronger exchange rate with slower growth, to reach a …
- BusinessEconomyEntrepreneurshipFinanceWomen,Youth
Report Shows Business Creation in Nigeria Falls as Youth and Women Drive Entrepreneurship
Business creation in Nigeria has continued to drop in the last three years, according to a new report by FATE Foundation, a private-sector led non-profit organisation. The 2024 State of …