The Nigeria Employers’ Consultative Association (NECA) has expressed strong support for the Federal Government’s new Buy Made-in-Nigeria Procurement Policy, describing it as a timely move to drive industrial growth and …
Bola Tinubu
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BusinessBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyGOVERNMENTManufacturingNigeria
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BusinessBusiness InsightsBusiness PoliciesEnergyEnvironmentFinance & ServicesInfrastructurePolicies
Nigeria Leads Africa’s Renewable Energy Push, Says House Speaker Abbas
The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has said that Nigeria is playing a major role in the effort to provide electricity to 300 million Africans by …
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AfricaBusinessBusiness InsightsEconomyEnergyFinance & ServicesGOVERNMENTMarketsNigeriaOil & Gas
Oil Companies Record Sharp Profit Drop as Global Prices Fall, Nigeria’s Economy Feels the Heat
Major oil companies around the world have recorded sharp drops in profit in the first quarter of 2025, as the fall in global oil prices and rising production costs continue …
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BusinessBusiness InsightsBusiness PoliciesEconomyEnergyInfrastructureNigeriaOil & GasPoliciesWestern Africa
Dangote Vows to Keep Fighting for $20bn Refinery Amid Alleged Sabotage
President of Dangote Group, Alhaji Aliko Dangote, has said he is still fighting for the survival of his $20 billion refinery in Lekki, Lagos State. Dangote, Africa’s richest man, revealed …
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BusinessEconomyEnergyGOVERNMENTPolitics
Nigeria: Tinubu’s effort to resturcture the ailing oil sector
President Bola Ahmed Tinubu has started major reforms in Nigeria’s oil sector, as the country continues to face serious problems like low oil production, poor financial records, and mismanagement. The …
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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 …
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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 …
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BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaWestern Africa
CBN Says Strong Banks Are Key to Nigeria’s $1 Trillion Economy Target
The Central Bank of Nigeria (CBN) has said that Nigeria needs strong, stable, and resilient banks if the country wants to achieve the $1 trillion economy target by the year …
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EconomyGOVERNMENTOil & GasPolitics
Edo Rep, Esosa Iyawe, Hails Tinubu’s Reconstitution of NNPC Board, Says It Will Boost Energy Sector Reforms
The member representing Oredo Federal Constituency in the House of Representatives, Hon. Esosa Iyawe, has praised President Bola Tinubu for what he described as the “timely and strategic” overhaul of …
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AfricaEconomyFinance & ServicesGOVERNMENTInfrastructureNigeriaTrade and CommerceWestern Africa
Afreximbank Disbursed $50bn to Nigeria in 10 Years – Oramah
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has said that the bank has disbursed about $50 billion into the Nigerian economy over the past ten years. …