Nigeria’s Minister of State for Finance, Doris Uzoka-Anite, has said that the country’s tough economic reforms are now beginning to show positive signs, and investors who were previously worried are …
Economy
- Eastern AfricaEconomyTrade and Commerce
Tanzania Narrows Current Account Deficit as Export Earnings Surge
DAR ES SALAAM — Tanzania’s current account deficit has dropped significantly to $2.16 billion in the year ending February 2025, down from $2.91 billion in the same period last year, …
- BusinessBusiness InsightsEconomyFashion & StyleNigeriaTechnologyTrade and CommerceWestern Africa
Nigerian Fashion Industry Attracts Global Attention As Local Production Rises
Stakeholders in the fashion sector say Nigeria is on the verge of a major fashion industry boom, as global investors and designers begin to show serious interest in the country’s …
- AgricultureEconomyManufacturingPoliciesTrade and Commerce
Experts Say Nigeria Must Boost Production to Benefit from AfCFTA Tariff Removal
Economic experts have warned that Nigeria must increase local production and industrialisation if it wants to truly benefit from the African Continental Free Trade Area (AfCFTA) agreement, which offers a …
The Nigeria Police Force has arrested several suspects for allegedly producing and selling fake electrical cables in Lagos and Ogun states. The arrests followed a series of coordinated raids on …
- EconomyFinance & ServicesInternational RelationsMarketsOil & GasTrade and Commerce
Turkey’s Top Oil Refiner Buys Nigerian Crude, Giving Boost to Nigeria’s Revenue Plan
Nigeria’s oil revenue is set for a boost as Turkey’s biggest oil refining company, Tupras, has placed new orders for Nigerian crude oil expected to arrive between March and April …
- Banking, Finance & InvestmentEconomyGOVERNMENTInternational Relations
Cardoso Talks Nigeria’s Economy with US Economist, Promises CBN Will Not Go Back on Reforms
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the bank will remain focused on transparency, stability, and reforms that will restore trust in …
- BusinessEconomyFinance & ServicesGOVERNMENT
Dangote Cement Wins Platinum at Corporate Reporting Awards
Reporting Award for 2023, with MTN Nigeria taking the gold and Seplat Energy emerging as the runner-up. The award ceremony, held on Tuesday at the Nigerian Exchange (NGX), was organized …
The Lagos Chamber of Commerce and Industry (LCCI) has expressed serious concern about the feasibility of funding Nigeria’s capital expenditure in the 2025 national budget, warning that the current fiscal …
- BusinessBusiness InsightsEconomyGOVERNMENTNigeria
Nigerian Firms Urged to Embed Risk Management to Attract Sustainable Investment
Corporate executives and experts have called on Nigerian businesses to integrate Enterprise Risk Management (ERM) into their strategic frameworks, warning that poor risk culture and unstable regulatory policies are threatening …