Real-time tracking across politics, economy, security and business. Data-driven. Bias-free.
Car dealers have mixed feelings about the reduced vehicle import tariffs, with some believing it will lower prices and business costs. However, they caution that the overall impact will depend on other economic factors like exchange rates.
In Nigeria, a full-time job is no longer sufficient to escape poverty, highlighting the struggles of many workers. The challenge of balancing multiple jobs remains a significant issue for the workforce.
Bogo Beverages has made a significant N20 billion investment in Nigeria's fast-moving consumer goods (FMCG) sector. This move is expected to strengthen the country's industrial base and drive industrialization efforts.
Senator George Akume stated that the federal government is focused on strengthening the economy and generating jobs. He emphasized efforts to restore trust in leadership through deliberate actions.
Apapa and Kirikiri are facing severe traffic gridlock due to idle tankers and a lack of parking facilities. Stakeholders are calling for solutions to address this ongoing issue.
Governor Mutfwang is spearheading initiatives to enhance potato farming in Plateau State, leveraging its ideal climate and soil. This effort aims to boost local prosperity and agricultural development.
Pig farmers in Plateau State are experiencing significant financial losses due to an outbreak of African Swine Fever, resulting in thousands of pig deaths. The situation is dire, with farmers counting billions in losses as they face the impact of this disease.
Recent Ponzi scheme failures have highlighted the dangers of greed and desperation among investors. Many have lost their savings as schemes collapsed, leaving them with harsh lessons about financial risks.
Plateau State has launched the Potato Value Chain Project to enhance its agricultural economy. Governor Caleb Mutfwang inaugurated a state-of-the-art Tissue Culture Centre to support this initiative.
Abia State has successfully revived the Enyimba Automated Shoe Company and the Enyimba Garments Factory, launching five new production lines. Governor Otti also introduced new housing developments to boost the local economy.
Nigeria's arts industry is underdeveloped, leading to significant financial losses. Inadequate policies and poor infrastructure are hindering its potential growth.
Nigeria is launching a $7 billion initiative to transform its cassava industry and enhance exports. This move is expected to significantly boost the manufacturing sector, particularly in industrial ethanol production.
Digital payment systems are significantly enhancing Nigeria's food service sector, leading to an impressive $11 billion valuation. This transformation is helping businesses tackle operational challenges effectively.
Nigeria's youth, comprising nearly 35% of the population, hold significant potential to drive economic growth. Efforts are being made to equip them for opportunities beyond traditional entrepreneurship like Akara selling.
The Nigerian stock market gained N9.3 trillion in a week after being included in S&P's Frontier Watchlist. Additionally, external reserves rose to $51.74 billion, marking a 38.6% year-on-year increase.
Governor Biodun Abayomi Oyebanji's initiative to enhance tourism in Ekiti State is successfully attracting international investors. This move is expected to significantly boost the local economy and tourism sector.
Buy Now, Pay Later (BNPL) services are gaining popularity in Nigeria as inflation impacts household incomes. While they offer a financial solution, concerns about potential debt traps are rising among consumers.
The article discusses the shift from resource-driven wealth to knowledge-driven prosperity in Nigeria. It emphasizes the importance of addressing generational challenges for future advancement.
Prof. Wasiu Adeyemo Babalola emphasizes the significant role of tourism in Nigeria's national development. He highlights how the sector contributes to knowledge and economic growth.
Digital payment solutions are enhancing Nigeria's $11 billion food sector by increasing efficiency and access to finance. This transformation is fostering growth and improving business visibility in the industry.