Nigeria’s foreign direct investment (FDI) has continued to perform below expectations, with the World Bank revealing that the country attracted less than one per cent of its GDP in FDI …
Trade and Commerce
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BusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and Commerce
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BusinessEconomyFinance & ServicesSouth AfricaTrade and Commerce
Pick n Pay Narrows Loss, Targets Break-Even by 2028 as Turnaround Begins
South African retail giant Pick n Pay has reported a significantly smaller loss before tax for its full-year results, signalling early signs of recovery as the company pushes forward with …
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AgricultureDevelopmentEconomyGOVERNMENTNigeriaPoliticsSecurityTrade and Commerce
Nigeria’s Rice Industry in Crisis as Farmers Blame Cheap Imports, Insecurity, and Poor Government Support
Rice farmers across Nigeria have raised a serious alarm over what they describe as the collapse of the country’s rice industry. They blame the shutdown of local rice mills, job …
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DevelopmentEconomyEntrepreneurshipInfrastructureInnovationINVESTMENTPoliciesTechnologyTrade and Commerce
Africa Rallies Around Digital Trade at Inaugural AfCFTA Digital Trade Forum in Lusaka
The Inaugural AfCFTA Digital Trade Forum, held from May 8–10, 2025, in Lusaka, Zambia, has set the stage for the continent’s operational phase of a unified digital single market, with …
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AgricultureBusinessEconomyInfrastructureINVESTMENTManufacturingTrade and Commerce
Dangote Group Partners with Niger State to Boost Rice Production, Launches Multi-Billion Naira Rice Mill Project
The Dangote Group has launched a multi-billion naira agricultural partnership with the Niger State Government, marking a significant step towards enhancing rice production and securing food self-sufficiency in Nigeria. Announced …
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BusinessEconomyGOVERNMENTManufacturingPoliciesTrade and Commerce
Innoson Boss Backs Nigeria-First Policy, Says It Will Revive Local Industry and Attract Global Investors
Founder of Innoson Vehicle Manufacturing Company Ltd (IVM), Chief Innocent Chukwuma, CON, has applauded the Federal Government’s newly approved Nigeria-First policy, stating that it has the potential to transform Nigeria’s …
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Brand ComparisonBusinessBusiness InsightsDigital EconomyInnovationTechnologyTrade and Commerce
Shopify Plus vs. BigCommerce Enterprise: The Better Platform for Scaling Global E-commerce
For any seasoned e-commerce professional, the platform decision impacts the very foundation of your digital empire. In 2025, with global markets more interconnected and competitive than ever, choosing the right …
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Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeriaTrade and Commerce
Nigerian Stock Market Sheds N274bn Amid Sell-offs in Large, Mid-Cap Equities
The Nigerian Exchange Limited (NGX) closed Thursday’s trading session in the red, as widespread sell-offs in mid- and large-cap stocks led to a loss of N274 billion in market value. …
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DevelopmentEconomyGOVERNMENTInfrastructureManufacturingPoliciesTrade and Commerce
FG to Establish Industrial Hubs in Kano, Abia, Lagos, and Ogun to Boost Nigeria’s Manufacturing Sector
The Federal Government of Nigeria has announced plans to establish industrial hubs in Kano, Abia, Lagos, and Ogun states as part of its strategy to drive economic transformation and industrialisation …
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BusinessEconomyGOVERNMENTInnovationManufacturingNigeriaTrade and CommerceTransportation & Logisitics
Nigerian Auto Dealers Cry Out as Car Prices Soar and Sales Crash
The Nigerian automotive industry is in crisis, with dealers lamenting the near-collapse of car sales due to soaring vehicle prices and lack of supportive government policies. Automobile dealers say prices …