CATEGORY
Business and Economy
Electronic Transactions in Nigeria Hit N1.08 Quadrillion in 2024, Cashless Economy Accelerates
By Milcah TanimuIn 2024, Nigeria’s electronic transactions soared to an all-time high of N1.08 quadrillion, representing a remarkable 79% increase from the previous year....
FG Unveils $23bn Plan to Tackle Nigeria’s Power Crisis
By Abigail Philip DavidThe Federal Government has launched an ambitious $23.2 billion energy access programme aimed at addressing Nigeria’s chronic electricity challenges and...
Imported Food Prices Surge by 37.65% in 2024
By Abigail Philip DavidThe cost of imported food in Nigeria has skyrocketed, increasing by 37.65% between January and December 2024, according to the...
Chinese Firms Will Continue to Support Nigeria’s Economic Development, Says CGCCN DG
Michael Onjewu, AbujaDr Tristan Cui, Director-General of the China General Chamber of Commerce in Nigeria (CGCCN), has reiterated China’s commitment to supporting Nigeria’s economic...
Nigeria’s Real Estate Market to Hit $2.25 Trillion by 2025 – FG
By Milcah TanimuNigeria’s real estate sector is set for massive growth, with projections estimating a market volume of $2.25 trillion by 2025, according to...
Marketers May Abandon Dangote Fuel as Imported Petrol Drops to N922/Litre
By Abigail Philip DavidOil marketers in Nigeria are considering turning to imported Premium Motor Spirit (PMS) as its landing cost dropped to N922.65...
Top 5 Challenges Facing Nigeria’s Manufacturing Sector in 2025
By Milcah TanimuThe Nigerian manufacturing sector is struggling due to high interest rates, persistent inflation, and other significant challenges. According to PwC's 2025 Budget...
Steel Ministry Denies Budget Infractions, Rebuts National Assembly Allegations
By Abigail Philip DavidThe Ministry of Steel Development has dismissed allegations of budgetary misconduct in its 2024 budget implementation, following claims raised by...
FG Approves N4bn Cash Transfer for Vulnerable Households
By Abigail Philip DavidThe Federal Government has approved N4 billion for conditional cash transfers aimed at supporting vulnerable households across Nigeria.Speaking...
NNPCL Uncovers 179 Oil Theft Incidents in One Week
By Milcah TanimuThe Nigerian National Petroleum Company Limited (NNPCL) has reported 179 incidents of crude oil theft between January 11 and 17, 2025, across...
Latest news
- Advertisement -