Nigeria’s economic growth slows to 2.98% in Q1
Nigeria’s economy grew at a slower pace in the first three months of this year compared to the previous quarter,
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Economics
NAFDAC to destroy N50m alcohol in illegal Lagos factory
The National Agency for Food and Drug Administration and Control (NAFDAC) has said it will destroy products worth N50 million
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Nigeria’s inflation seen jumping to 34.25% on petrol scarcity
With the return of petrol scarcity in several parts of Nigeria last month, the inflation rate is expected to accelerate
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Nigeria’s wobbly customs duty exchange rate raises concerns
The frequent changes in the customs duty exchange rate in Nigeria have become a huge burden on the business community,
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Transcorp Hotels exits Calabar business
Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has announced the divestment of its 100 percent interest in
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IMF sees turnaround in investor appetite for Africa
The International Monetary Fund has said it sees a turnaround in investor appetite for Africa after years of turmoil. Daniel
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Nigerians dominate 100 most influential Africans 2023 list
New African magazine has released its annual listing of the 100 Most Influential Africans of 2023. The list celebrates the
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Tinubu seeks urgent help as vanishing Lake Chad harms Nigeria
President Bola Tinubu has called for urgent international collaboration to recover the critical body of water that has disappeared from
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Niger Delta group puts oil firms, others on notice as protest holds Dec. 8
The Niger Delta Congress has put oil companies, banks and other businesses on notice as it announced that it will
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CBN’s resistance to rate hikes raises concern
The Central Bank of Nigeria’s (CBN) refusal to raise its benchmark interest rate since July despite rising inflation has left
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