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Business & Economy
Revenue Surges Amid FX Challenges as Dollar Value Drops 22%
A paradox that increasingly characterizes Nigeria's fiscal tale is the country's record-breaking local currency receipts combined with declining foreign earnings as a result of exchange…
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New Crisis Rocks NUPENG–Dangote MoU
The industrial peace brokered between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the management of Dangote Refinery is on the brink of collapse as the union has…
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US Approves Potential $346M Sale of Precision Weapons to Nigeria
The United States has approved a potential $346 million arms sale to Nigeria to bolster the country’s capacity to combat terrorism and curb illicit maritime activities in the Gulf of…
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West African Leaders and Industry Experts to Meet in Lagos for Industrial Revolution Talks
West Africa is at a pivotal juncture. West Africa is being forced to take charge of its economic future through industrialization, intraregional trade infrastructure development, and…
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MAN Urges FG to Enforce Local Content Compliance Among Contractors
The Manufacturers Association of Nigeria (MAN) has demanded that government organizations employ local products exclusively.
At the 40th annual general meeting (AGM) of the…
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Dangote: Tinubu’s Economic Policies Breathing New Life Into Private Sector
The naira-to-dollar exchange rate is also starting to show some consistency, which has been beneficial. The market is now somewhat more predictable because there is less volatility.…
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Air Peace’s Direct Abuja–London Flights Boost Nigeria’s Global Diplomatic Links
Nigeria's largest domestic airline, Air Peace, has stated that it will start offering direct flights from Abuja to London's Heathrow and Gatwick airports on October 26, 2025, thus…
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Customs Trade Facilitation Driving Out Smugglers at Seme Border
Because Nigeria's border stations are porous, experts and analysts in the maritime and security sectors have examined trading activities there and concluded that, absent significant…
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NNPC Commits to Strengthening Africa’s Refining Sector, Eyes Regional Hub
The Nigeria National Petroleum Company Limited (NNPCl) has reaffirmed its dedication to removing structural barriers in order to provide a strong basis for an independent African…
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Economic Growth Claims Fall Flat as Market Prices Stay High
Nigeria's economy is recovering, according to official data, but the reality on the ground is more dire. The growing disparity between official growth claims and the excruciating…
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