Cape Town Declaration: Obasanjo, other African leaders call for debt relief
Eight former African heads of state and government have signed the Cape Town Declaration, calling for the critical need for debt
Read more
Economics
Job conditions in Nigeria’s manufacturing sector hit 18-month high
Employment conditions in Nigeria’s manufacturing sector saw an improvement in the fourth quarter of last year owing largely to an
Read more
Nestle Nigeria returns to quarterly profit as revenue surges 95%
Nestle Nigeria Plc, a major fast-moving consumer goods company, swung to a profit after tax of N19.7 billion in the
Read more
Nestle Nigeria posts wider loss of N165bn on naira weakness
Nestle Nigeria, a major fast-moving consumer goods company, has reported an annual loss for the second time in 2024 largely
Read more
Nigeria’s economy grows at faster pace in 2024
Nigeria’s economy expanded by 3.4 percent last year, compared to a growth rate of 2.74 percent in 2023, new official
Read more
Nigeria inches closer to first census in 19 years
Nigeria took a step closer on Monday to conducting a new national population and housing census with biometric and digital
Read more
Nigerian manufacturers breathe easier as FX scarcity eases
By Mary Adenike The scarcity of foreign exchange in Nigeria is gradually easing as more manufacturers reported an improvement in
Read more
Dangote: IBB asked five Nigerians to pay N1m each for oil blocks
The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, said on Thursday that Ibrahim Badamosi Babangida, former head
Read more
Nigerian drugmakers’ fortunes improve on forex stability, waivers
By Mary Adenike Some major Nigerian pharmaceutical companies reported an improvement in their financial performance for 2024 largely due to
Read more
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