The Major Energies Marketers Association of Nigeria (MEMAN) has said that low taxation is one of the main reasons why petrol is cheaper in Nigeria than in other West African …
Nigerian economy
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    BusinessDangote IndustriesEconomyInfrastructureOil & GasWestern Africa
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    EconomyGOVERNMENTNigeriaPoliciesPoliticsAfenifere Critiques Tinubu’s Economic Policies; Presidency Defends ReformsThe Pan-Yoruba socio-political organization, Afenifere, has expressed concerns over the economic direction under President Bola Ahmed Tinubu, describing his administration’s “Renewed Hope” as a “nightmare” for Nigerians. In a statement … 
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    Banking, Finance & InvestmentBusinessEconomyFinance & ServicesMarketsNigeriaABCON Warns Over Three Million Nigerians May Lose Livelihood as BDCs Struggle to Meet New Capital RequirementThe Association of Bureau De Change Operators of Nigeria (ABCON) has raised serious concerns about the impact of the Central Bank of Nigeria’s (CBN) new capital requirements for Bureau De … 
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    BusinessBusiness PoliciesEconomyFinance & ServicesGOVERNMENTMarketsPoliciesDespite Economic Hardship, Nigeria’s Capital Market Remains Strong Under Tinubu — AmolegbeThe Managing Director and Chief Executive Officer of Arthur Stevens Asset Management Limited, Olatunde Amolegbe, has said that Nigeria’s capital market has been one of the few bright spots in … 
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    AFRICA NEWSBusinessEconomyEnergyNewsOil & GasTrade and CommerceDangote Refinery Cuts Nigeria’s Fuel Imports, South Africa Becomes Africa’s Biggest Petroleum Product ImporterNigeria has lost its position as Africa’s largest importer of refined petroleum products after the Dangote Petrochemical Refinery ramped up operations earlier this year. According to a new report by … 
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    BusinessDangote IndustriesEconomyInfrastructureManufacturingNigeriaOil & GasDangote Plans Massive Fertiliser, Coal, and Oil Export, Eyes $7m Daily RevenueThe President of Dangote Industries Limited (DIL), Aliko Dangote, has said that his company is preparing to begin massive exportation of fertiliser, coal, polypropylene, and refined petroleum products in the … 
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    BusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and CommerceWorld Bank Flags Nigeria’s Weak FDI Performance as Afreximbank Pushes for African-Led InvestmentNigeria’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 … 
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    BusinessEconomyGOVERNMENTManufacturingPoliciesTrade and CommerceInnoson Boss Backs Nigeria-First Policy, Says It Will Revive Local Industry and Attract Global InvestorsFounder 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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    BusinessDevelopmentEconomyInnovationNigeriaSMEDAN Rallies Stakeholder Support Ahead of MINE FEST 2025 to Boost Nigerian EconomyThe Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has called for deeper collaboration with stakeholders as part of a strategic push to bolster Nigeria’s economy through support for … 
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    DevelopmentEconomyGOVERNMENTInnovationLabourNigeriaPoliciesTechnologyILO Cautions on AI’s Labour Impact, Urges Nigeria and Others to Plan for Inclusive TransitionThe International Labour Organisation (ILO) has said artificial intelligence (AI), especially generative AI, has the power to change the global labour market. But it also warned that if not well …