The federal government has announced that Nigeria’s total tax revenue for the first half of 2025 rose to N14.27 trillion, showing a big jump of 43 per cent from the …
inflation in Nigeria
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The World Bank has issued a stern warning about the rapid rise of extreme poverty in Nigeria, saying the country is now one of 39 economies where conflict and instability …
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BusinessDevelopmentManufacturingNigeria
Lifemate MD Decries Forex, Inflation Challenges as Firm Celebrates 19th Anniversary
The Managing Director of Lifemate Furniture, Mr Liu Lihua, has expressed deep concern over the persistent fluctuations in Nigeria’s foreign exchange market and the rising rate of inflation, saying both …
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaOil & Gas
Nigerian Stock Market Gains 64% in One Year Amid Investor Confidence and Strong Corporate Results
The Nigerian stock market has recorded a major gain of 64.11 per cent from July 2023 to June 2024, as the All-Share Index of the Nigerian Exchange Limited (NGX) rose …
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Banking, Finance & InvestmentBusiness InsightsDevelopmentEconomyGOVERNMENTNigeria
World Bank Faults FG’s Cash Transfer Scheme, Says Millions of Poor Nigerians Left Out
The World Bank has raised concerns over the Nigerian government’s Conditional Cash Transfer (CCT) programme, saying it has failed to reach millions of vulnerable citizens it was meant to support. …
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Small and Medium Enterprises (SMEs) across Nigeria are raising fresh concerns over their inability to restock goods in malls and retail outlets, pointing to regulatory hurdles, inflation, access to credit, …