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 …
Stakeholders in Nigeria’s pharmaceutical industry have expressed concern that the recently introduced two-year import duty and VAT waiver on pharmaceutical raw materials may fall short of expectations unless the Federal …
The Ogun State Government and ARISE Integrated Industrial Platforms (ARISE IIP) have committed a $400 million investment to develop the Industrial Platform Remo Free Zone (IPRFZ), a new public-private partnership …
The landing cost of Premium Motor Spirit, popularly known as petrol, has now risen to an average of N870 per litre, according to data from the Major Energies Marketers Association …
The Federal Government of Nigeria has signed a Memorandum of Understanding with Shelter Afrique Development Bank to grow the housing sector by expanding the Ministry of Finance Incorporated Real Estate …
Developers in Nigeria’s retail sector are changing their focus. Instead of building large shopping malls like before, many of them are now going for smaller, community malls also called neighbourhood …
Nigeria, one of Africa’s biggest economies, is currently facing serious power problems, even though it has huge energy resources. With a population of over 200 million people and rich oil …
Air travel in Nigeria is yet to bounce back to the level it was before the COVID-19 pandemic, mainly because many Nigerians are still facing financial pressure. With rising airfares …
The Federal Competition and Consumer Protection Commission (FCCPC) has directed the Ibadan Electricity Distribution Company (IBEDC) to begin refunding consumers who have paid for transformers, poles, cables, and other network …
The African Export-Import Bank (Afreximbank) has launched a $3 billion revolving credit facility to help buyers across Nigeria, Africa, and the Caribbean access refined petroleum products from within the continent. …
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