Dangote poised to double capacity of Ethiopian cement plant
Dangote Group is on track to double the production capacity of its cement plant in Ethiopia to 5 million tonnes
Read more
Economics
IMF sees Nigeria’s per capita income hitting three-year high in 2026
By Mary Adenike Nigeria’s average income is projected to rise to the highest in three years in 2026, a situation
Read more
Number of Nigerians securing Canadian PR rises 17% ahead of immigration cuts
By Mary Adenike The number of Nigerians who became immigrants in Canada rose by 16.6 percent last year as the
Read more
Thomas Wyatt Nigeria diversifies into toilet paper production
Thomas Wyatt Nigeria, a paper conversion and printing company, says it has introduced a new line of business toilet paper
Read more
Nigerian data agency NBS keeps mum one week after missing GDP rebasing target
By Mary Adenike The National Bureau of Statistics (NBS) has yet to release the country’s rebased figures for Gross Domestic
Read more
Tinubu jacks up budget 39 days after submission to lawmakers
By Mary Adenike President Bola Tinubu has increased the size of the proposed 2025 budget to N54.2 trillion ($36.4 billion)
Read more
Nigeria’s forex reserves tumble to three-month low of $39.59bn
Nigeria’s foreign exchange reserves have fallen below the $40 billion mark to the lowest point in more than three months. The reserves
Read more
Trump delays tariffs on Mexico, Canada for one month
By Mary Adenike US President Donald Trump has delayed tariffs on Mexico and Canada for one month. This come a day
Read more
Nigeria’s business activity resumes decline after first rise in six months
By Mary Adenike Business activity in Nigeria dropped in January despite the increase in output for the second month and
Read more
Naira weakness spurs Unilever, Cadbury, Guinness to boost exports
By Mary Adenike Several multinationals operating in the Nigerian fast-moving consumer goods sector increased their exports to other African countries
Read more