British American Tobacco Nigeria (BAT Nigeria) has received praise for its strong contribution to Nigeria’s manufacturing industry, after recording more than $300 million in export earnings between 2022 and 2024. …
Category:
Economy
- BusinessEconomyGovernment PolicyIndustryManufacturingNewsNigeria
Nigeria’s Manufacturing Sector Under Pressure as MAN Warns of Tough Business Climate
by Radarr Adminby Radarr AdminThe Manufacturers Association of Nigeria (MAN) has again raised alarm over the difficult situation facing the country’s manufacturing sector. The association said the Nigerian business environment has become so challenging …
- BusinessCentral BankingEconomyFinanceINVESTMENTNewsNigeria
S&P Upgrade Boosts Confidence in Nigeria’s FX Reforms and Economic Outlook
Nigeria’s recent upgrade by S&P Global Ratings to a “positive” outlook has strengthened confidence in the Central Bank of Nigeria’s (CBN) ongoing currency reforms and economic policies. Analysts say the …
- BusinessDevelopmentEconomyNigeriaTransport
Toyota Shines at Abuja Motor Fair, Showcases Reliability and Strong Customer Focus
Toyota Nigeria Limited is using the 25th Abuja International Motor Fair to do more than showcase new vehicles. The company is taking the opportunity to remind Nigerians of its long-standing …
- DevelopmentEconomyManufacturingNigeriaTrade
Industrialists worry as raw imports from Asia hit N1.72tn
Nigeria imported raw materials worth N1.72tn from Asia in the first half of 2025, according to new figures released by the National Bureau of Statistics. The number shows how strongly …
- EconomyFinanceHuman RightsLabourLagos NewsSocial Issues
First Bank Retirees Protest in Lagos, Demand Better Pensions and Medical Support
Some retirees of First Bank of Nigeria staged a peaceful protest at the bank’s headquarters in Marina, Lagos, on Wednesday, calling for improved welfare and an urgent review of their …
- Behavioural EconomicsBusinessDevelopmentEconomyEntrepreneurshipInnovationLagos NewsSMEs
Lagos SME Bootcamp Empowers Over 700 Entrepreneurs With Training
The Lagos SME Bootcamp has empowered more than 700 small business owners during the 8th edition of its annual programme held recently in Lagos. The three-day event focused on major …
- BusinessEconomyGOVERNMENTMaritime
Oyetola Announces Growth in Local Fish Production as Nigeria Pushes Blue Economy Reforms
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced an increase in Nigeria’s local fish production, saying the rise reflects renewed investment, stronger cooperation with coastal communities, and …
- BusinessEconomyEnergyGOVERNMENTOil & GasRegulation
NUPRC Says $20bn Field Plans Approved to Boost Nigeria’s Oil Output
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has said the commission approved about $20bn worth of Field Development Plans within the last 10 months as …
- EconomyFinanceGOVERNMENTLagos NewsPoliticsPublic Policy
Sanwo-Olu Moves To Present N4.2tn Lagos Budget For 2026 As Assembly Confirms Notification
Governor Babajide Sanwo-Olu is preparing to present a proposed N4.2tn budget for the 2026 fiscal year to the Lagos State House of Assembly, marking another significant rise in the state’s …