Nigerian Breweries Plc has recorded a major turnaround in its business, posting a net profit of N44.6 billion in the first quarter of 2025. This marks a big comeback for …
Economy
- BusinessEconomyFinance & ServicesMarkets
- EconomyFinance & ServicesGOVERNMENTInternational RelationsTechnology
Experts Applaud Nigeria’s New Investment and Securities Act as a Game-Changer for Digital Economy
Experts, investors, and government officials have thrown their weight behind the newly signed Investment and Securities Act 2025, calling it a major breakthrough for Nigeria’s digital economy. The new law, …
- BusinessDevelopmentEconomyGOVERNMENTPolicies
Nigerian Business and Government Leaders Push for Urgent Action on SDGs
Top leaders from Nigeria’s private sector, development partners, and government have come together to push for faster action to meet the Sustainable Development Goals (SDGs) before the 2030 deadline. The …
- EconomyELECTRICITYEnergyGOVERNMENTNigeriaPolicies
Power Minister Says FG Will Pay N2tn Out of N4tn Debt to Gencos Before 2025 Ends
The Minister of Power, Adebayo Adelabu, has said the Federal Government plans to pay N2 trillion out of the N4 trillion it is owing to electricity generation companies (Gencos) before …
- BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaWestern Africa
CBN Says Strong Banks Are Key to Nigeria’s $1 Trillion Economy Target
The Central Bank of Nigeria (CBN) has said that Nigeria needs strong, stable, and resilient banks if the country wants to achieve the $1 trillion economy target by the year …
- BusinessEconomyFinance & ServicesNigeriaWestern Africa
Inflation Hits 24.23% in March, Says National Bureau of Statistics
The National Bureau of Statistics (NBS) has announced a rise in Nigeria’s inflation rate to 24.23% for March 2025. This figure shows an increase from the 23.18% recorded in February …
- Digital EconomyEconomyGOVERNMENTNigeriaOil & Gas
Agbakoba: Over-Concentration of Power is Nigeria’s Biggest Challenge to Economic Growth
Dr. Olisa Agbakoba, a respected lawyer and former president of the Nigeria Bar Association (NBA), has warned that Nigeria’s over-centralised governance structure is preventing the country from reaching its full …
Three major aviation unions have warned the Nigerian Meteorological Agency (NiMet) that they will resume a suspended strike if the agency fails to honour the agreement signed with workers in …
- AfricaBusinessEconomyEnergyInternational RelationsOil & Gas
Nigeria’s Walcot Group wins three oil blocks in Angola
Walcot Group, a well-known Nigerian energy company, has signed a production sharing contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG). The signing took place last …
- AviationBusinessEconomyInternational RelationsTransportation & Logisitics
Keyamo announces Nigeria-Tanzania direct flight
Nigeria and Tanzania are set to improve their relationship as both countries begin moves to launch direct flights that will link the two nations by air. This was made known …