Nigeria’s non-oil exports rose to $3.225bn in the first half of 2025, showing a strong performance in the country’s drive to diversify its economy. This figure is a 19.59 per …
Nigerian economy
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AgricultureBusinessEconomyInternational MarketsManufacturingTrade
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BankingBusiness InsightsCurrencyEconomyMarketsPolicies
Naira Ends Week Mixed Across Official and Parallel Markets Amid Forex Demand Surge
The Nigerian naira ended last week with a mixed performance in the foreign exchange market, as it recorded marginal gains at the official window but slipped in the parallel market. …
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BusinessDevelopmentEconomyFinanceInfrastructurePolitics
World Bank approves N12.88tn loans to Nigeria in two years
The World Bank has approved a total of $8.40bn (about N12.89tn) in fresh loans to Nigeria within the last two years. The new approvals, which span from June 2023 to …
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BusinessFinance & ServicesFintechInnovationTechnology
Compliance Pressure on Fintechs Rising as Nigerian Startups Turn to RegTech and AI Solutions
Kayode Opeyemi, a former consultant with KPMG and now a respected expert in financial technology and risk management, has shared deep insights into how Nigerian startups are dealing with compliance …
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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 …
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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 …
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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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BusinessDangote IndustriesEconomyEnergyLabourOil & Gas
NOGASA Threatens to Halt Operations Over Dangote Refinery’s Direct Distribution Plan
The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has threatened to suspend its operations if Dangote Refinery proceeds with its planned direct distribution of petroleum products to end …
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BusinessEconomyEnergyInfrastructureINVESTMENTTrade and Commerce
UK Businesses Eye Nigeria, Africa for Strategic Growth Amid Mineral Wealth, Reforms
British businesses are showing growing interest in Nigeria and other African countries as the continent becomes a key target for international investments. This development is driven by Africa’s vast mineral …
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BusinessDevelopmentEconomyINVESTMENTLeadershipNigeriaOil & Gas
Dangote Urges Wealthy Nigerians to Invest Locally, Says Economic Growth Depends on Domestic Investment
Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has called on wealthy Nigerians and African entrepreneurs to invest within their countries, stressing that it remains the only …