The 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 …
Nigerian economy
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BusinessDevelopmentEconomyInnovationNigeria
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ILO Cautions on AI’s Labour Impact, Urges Nigeria and Others to Plan for Inclusive Transition
The 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 …
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BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeriaPolicies
Finance Minister Wale Edun Says Capital Market Key to $1 Trillion Nigerian Economy
The Minister of Finance, Mr. Wale Edun, has said Nigeria’s capital market will play a major role in helping the country achieve its goal of becoming a one-trillion-dollar economy. Edun …
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Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesGOVERNMENTPolicies
CBN Keeps Interest Rate at 27.5% as Business Leaders Push for Reduction Amid Economic Concerns
The Central Bank of Nigeria (CBN) has decided to maintain the Monetary Policy Rate (MPR), also known as the interest rate, at 27.50 per cent. This announcement was made by …
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Banking, Finance & InvestmentBusinessDevelopmentEconomyFinance & ServicesInnovationNigeria
LivingTrust Mortgage Bank Wins DBN Innovation Award for Supporting Small Businesses in 2024
LivingTrust Mortgage Bank Plc has been honoured with the Development Bank of Nigeria (DBN) Innovation Award in the Other Financial Institution (OFI) category for the financial year 2024. This award, …
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AfricaBusinessEntrepreneurshipLeadershipNigeriaReal EstateSpotlightWestern Africa
Kehinde Muibi: Billion-Naira Real Estate Mogul
Kehinde Muibi, also widely known as Dr. MKH, is a truly great example of how someone can rise from very humble beginnings to become a top Nigerian entrepreneur. His journey …
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Banking, Finance & InvestmentBusiness InsightsBusiness PoliciesEconomyFinance & ServicesINVESTMENTNigeria
CBN Increases Treasury Bills Offer to N550bn as Investor Demand Drops by 29%
The Central Bank of Nigeria (CBN) has raised its total offer at the latest Treasury Bills Primary Market Auction to N550 billion, an increase from the N400 billion offered in …
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BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyEnergyInfrastructureNigeriaOil & GasTrade and CommerceWestern Africa
Dangote Refinery, Marketers Clash Over Local Fuel Supply Claims
The management of Dangote Petroleum Refinery has rejected claims made by oil marketers that the refinery cannot meet Nigeria’s local fuel demand. Officials of the refinery told our correspondent that …
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BusinessBusiness InsightsEconomyLeadershipNigeriaTechnology
PwC Survey: Nigerian CEOs Battling Inflation but Remain Hopeful, Focus on AI and Sustainability
A new report by PricewaterhouseCoopers (PwC) has revealed that Nigerian Chief Executive Officers (CEOs) are facing significant pressure from inflation and economic instability, yet remain hopeful about the country’s future …
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AfricaAFRICA NEWSBusinessEconomyFinance & ServicesInformation & TechnologyPress ReleasesTechnologyTelecommunications
MTN Nigeria Reports N133.7bn Profit in Q1 2025
MTN Nigeria Communications Plc has reported a profit after tax of N133.7 billion for the first quarter of 2025, recovering from a loss of N392.7 billion recorded in the same …