Sterling Bank Plc is expanding its Zero Transfer Fees campaign into a broader social impact initiative by providing free bus rides to commuters across Lagos, giving relief to thousands of …
Nigerian economy
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Banking, Finance & InvestmentEconomyMarketsNigeriaTransportation & Logisitics
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AgricultureBusinessBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyManufacturing
Dangote Sugar Plans 75,000 Jobs Despite N192.6bn Loss in 2024
Dangote Sugar Refinery Plc has announced plans to generate over 75,000 jobs within its sugar value chain as part of its long-term growth strategy, even as the company recorded a …
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Stanbic IBTC Holdings Plc has posted a profit after tax of N82.06 billion for the first quarter of 2025, marking an 80% growth from N45.64 billion recorded in the same …
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BusinessEconomyFinance & ServicesGOVERNMENTPolicies
Private Sector Urges FG to Inject Stimulus to Tackle Rising Poverty
The Organised Private Sector of Nigeria (OPSN) has called on the Federal Government to urgently introduce targeted economic stimulus packages to prevent the poverty rate from rising to 56 per …
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BUA Cement Plc has posted a revenue of N290.8bn for the first quarter ended March 31, 2025, marking a massive increase of 80.5 per cent compared to the N161.1bn it …
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BusinessEconomyGOVERNMENTINVESTMENTPolicies
107 Companies Invest N2.53tn in Nigerian Economy, Secure Tax Exemptions
The Federal Government has disclosed that 107 companies invested a total of N2.53tn into the Nigerian economy before qualifying for their tax exemption approvals. The companies made these investments across …
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AgricultureBusinessEconomyFinance & ServicesGOVERNMENTPolicies
Nigeria’s Non-Oil Exports Rise, CBN Pushes for More Forex Inflows
Nigeria’s efforts to reduce its heavy reliance on oil revenues are beginning to show results. The Nigerian Export Promotion Council (NEPC) recently reported that the country’s non-oil exports grew by …
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EconomyFinance & ServicesInternational RelationsMarketsOil & GasTrade and Commerce
Turkey’s Top Oil Refiner Buys Nigerian Crude, Giving Boost to Nigeria’s Revenue Plan
Nigeria’s oil revenue is set for a boost as Turkey’s biggest oil refining company, Tupras, has placed new orders for Nigerian crude oil expected to arrive between March and April …
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Banking, Finance & InvestmentEconomyGOVERNMENTInternational Relations
Cardoso Talks Nigeria’s Economy with US Economist, Promises CBN Will Not Go Back on Reforms
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the bank will remain focused on transparency, stability, and reforms that will restore trust in …
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The Lagos Chamber of Commerce and Industry (LCCI) has expressed serious concern about the feasibility of funding Nigeria’s capital expenditure in the 2025 national budget, warning that the current fiscal …