The Presidential Initiative on Compressed Natural Gas (PCNGI) has removed one of its key conversion partners, Charles Goriola Yakub of C & L Smart Energy Limited, over what it described …
Economy
-
BusinessBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyEnergyEnvironmentGOVERNMENTPoliciesTransportation & Logisitics
-
Arts & CultureDevelopmentEconomyEntrepreneurshipFashion & StyleGOVERNMENTPoliciesTravel & Tourism
FG Launches Creative Economy Development Fund to Support Nigerian Creatives, Opens Applications
The Federal Government has launched a new funding programme called the Creative Economy Development Fund (CEDF) to support people working in Nigeria’s creative sector. The fund was introduced by the …
-
EconomyELECTRICITYEnergyGOVERNMENTNigeriaPolicies
Tinubu to Meet Power Firms as FG Moves to Tackle N4tn Electricity Sector Debt Crisis
President Bola Tinubu is expected to meet with the leadership of Nigeria’s power-generating companies (GenCos) in a high-level intervention aimed at addressing the N4tn debt threatening the country’s already fragile …
-
Banking, Finance & InvestmentEconomyEducationFinance & ServicesGlobal NewsINVESTMENTNigeriaWestern Africa
CBN Governor Reaffirms Commitment to Economic Stability and Transparency Amid Reforms
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to ensuring long-term economic stability, financial inclusion, and policy transparency as Nigeria continues with …
-
BusinessBusiness InsightsBusiness PoliciesEconomyEnergyInfrastructureNigeriaOil & GasPoliciesWestern Africa
Dangote Vows to Keep Fighting for $20bn Refinery Amid Alleged Sabotage
President of Dangote Group, Alhaji Aliko Dangote, has said he is still fighting for the survival of his $20 billion refinery in Lekki, Lagos State. Dangote, Africa’s richest man, revealed …
-
BusinessEconomyFinance & ServicesInnovationLeadership
Business Leaders Urge Innovation, Talent-Driven Strategy Amid Tough Nigerian Economy
Top Nigerian business leaders have stressed the need for innovative thinking and strategic personnel choices to drive growth as companies continue to battle the country’s challenging economic conditions. The call …
-
AviationEconomyGOVERNMENTInfrastructureLabourNigeriaPoliciesTransportation & Logisitics
Aviation Union Raises Alarm Over Safety, Revenue Cuts, and Labour Concerns
The President of the National Union of Air Transport Employees (NUATE), Ben Nnabue, has warned that the continued deduction of 50 per cent from the internally generated revenue (IGR) of …
-
AFRICA NEWSBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesGOVERNMENTNigeria
Nigeria Not in Hyperinflation – Financial Reporting Council Insists
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 …
-
Banking, Finance & InvestmentBusinessBusiness InsightsEconomyMarketsNigeria
Access Holdings Records N182.8bn Profit in Q1 2025 Despite Fair Value Losses
Access Holdings Plc has posted a profit after tax of ₦182.8 billion for the first quarter of 2025, reflecting a 14.7 percent increase compared to the ₦159.3 billion reported in …
-
AFRICA NEWSAgricultureDevelopmentEconomyInfrastructureINVESTMENTNigeriaPoliciesSecurity
LCCI Projects $538m Yearly Agro-Processing Investment for Nigeria’s Growth
The Agricultural and Allied Group of the Lagos Chamber of Commerce and Industry (LCCI) has said Nigeria must invest at least $538 million every year for 10 years to grow …