Economy

The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …

These emerging indigenous rice brands are not merely competing; they are setting new standards, offering a superior blend of freshness, flavor, and authenticity that increasingly outshines their imported rivals. This …

The Central Bank of Nigeria (CBN) has introduced three new financial instruments aimed at deepening the country’s non-interest financial market and helping Islamic finance institutions manage liquidity better. This move …

The Project Management Institute (PMI) has called on African governments, including Nigeria, to prioritise efficient project execution in response to a $555 million reduction in United States contributions to the …

Green Energy International Limited (GEIL), an indigenous oil and gas company, has launched Nigeria’s first onshore crude oil export terminal in over five decades. Located at Otakikpo in Rivers State, …

IHS Nigeria, a leading telecommunications infrastructure provider, has entered into a new partnership with the Nigeria Security and Civil Defence Corps (NSCDC) to protect critical telecom infrastructure across the country. …

President Bola Ahmed Tinubu has restated the Federal Government’s strong commitment to its strategic partnership with China, saying the collaboration is essential to Nigeria’s industrialisation drive and broader economic transformation …

The Federal Government’s unpaid subsidy to electricity distribution companies has risen to ₦982.4 billion as of May 2025, showing a ₦5.3 billion increase or 2.7% in just five months. This …

Founder and Chief Executive Officer of Intreensic, Nkebet Mesele, has raised concerns about a growing talent shortfall that could threaten Africa’s digital future, warning that the continent may fall short …

Digital savings platform, Jollof+, has revealed that Nigerians using the platform have saved nearly ₦10 billion ahead of the company’s first anniversary. The platform, created by Baobab Nigeria, shared this …