Businesses across Nigeria say high interest rates have become the most severe challenge affecting their operations, surpassing long-standing problems like insecurity and poor electricity supply. This was revealed in the …
Economy
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Nigeria Unveils National Occupational Standards for Gas and Electric Vehicles as CNG Fleet Rises
The National Automotive Design and Development Council (NADDC) has introduced the National Occupational Standards (NOS) for the conversion, calibration, and maintenance of gas-powered and electric vehicles in Nigeria. This initiative …
The African Union Commission’s Women, Gender, and Youth Directorate, in collaboration with the Sterling One Foundation and with support from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), has brought together …
- Banking, Finance & InvestmentEconomyEntrepreneurshipNigeriaTechnology
Fidelity Bank to Equip 100 Nigerian Entrepreneurs with Free Digital Toolkits for Business Growth
Fidelity Bank Plc has announced a major empowerment initiative targeting 100 entrepreneurs across Nigeria, as part of efforts to accelerate the digital transformation of small and medium-scale enterprises (SMEs) nationwide. …
- Banking, Finance & InvestmentBusinessEconomyInnovationInternational RelationsTrade and Commerce
FCMB, ICC Nigeria Call for Sustainable Solutions to Boost Nigerian Businesses in Global Trade
First City Monument Bank (FCMB) and the International Chamber of Commerce Nigeria (ICCN) Banking Commission have jointly called for sustainable strategies that will empower Nigerian businesses to seize global trade …
Nigeria’s financial sector, which includes banks, insurance companies, and other financial institutions, contributed a total of N1.77 trillion to the country’s economy in the first quarter of 2025, according to …
- BusinessDevelopmentEconomyGOVERNMENTNigeria
FRC, LCCI, and Centre for Business Integrity Launch Push for Good Governance in Nigeria’s 40 Million MSMEs
The Financial Reporting Council of Nigeria (FRC) has joined forces with the Lagos Chamber of Commerce and Industry (LCCI) and the Centre for Business Integrity (CBi) to promote corporate governance …
- AgricultureDevelopmentEconomyFood ProductionNigeriaSecurityTechnology
NACGRAB Launches New Crop Initiative to Boost Food Security and Agricultural Research
The National Centre for Genetic Resources and Biotechnology (NACGRAB) has restated its commitment to the conservation and promotion of Nigeria’s plant genetic resources as a way to support the country’s …
- DevelopmentEconomyEnergyInfrastructureNigeriaOil & Gas
NNPC Boss Bayo Ojulari Assures Timely Completion of $2.8bn AKK Gas Pipeline Project
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has given fresh assurance that the $2.8 billion Ajaokuta–Kaduna–Kano (AKK) Natural Gas Pipeline project …
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AU Completes Top Team with Two New Commissioner Appointments
The African Union (AU) has completed the selection of its top leadership team at the African Union Commission (AUC) with the recent appointment of two commissioners from Central Africa. This …