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Nigerian billionaire and business mogul, Femi Otedola, has revealed shocking details of his financial struggles and controversial encounters with banks during his business career. In his forthcoming memoir, Making It …
How banks sent ‘bewitching ladies’ to lure me into taking loans, placing deposits – Otedola Read More
In this interview with Adefolarin Olamilekan on ADBN’s Market Report, and monitored by BENJAMIN UMUTEME, a Development Economist, Dr. Emeka Okengwu, says livestock is central to food production and economic …
Livestock central to Nigeria’s economic diversification – Okengwu Read More
The Presidency has issued a strong response to the International Monetary Fund (IMF), accusing the global financial institution of excessive and often exaggerated assessments of Nigeria’s economic trajectory, particularly regarding …
Presidency slams IMF over exaggeration of NIgeria’s economic challenges, urges patience on reforms Read More
Nigerian banks are approaching a critical period of Eurobond maturities totalling about $2.35 billion between the fourth quarter of 2025 and the end of 2026. This is raising concerns over …
Nigerian banks face $2.35bn Eurobond maturities by 2026 Read More
President Bola Ahmed Tinubu on Saturday urged West African leaders to harness the region’s youthful population and abundant natural resources for economic transformation through industrialisation, education, and innovation. Delivering the …
West Africa must turn demographic strength, mineral wealth into jobs, industry – Tinubu Read MoreAs ghosts of the 1930s haunt the global outlook, the scramble for trade deals has seized control of government agendas. The United States has leveraged its “tariff war” to secure …
Nigeria’s reforms have put the country on the global economic map Read More
With reforms still on-going, the World Bank expects the rate of growth of Nigeria’s economy to slightly increase in 2025 to 3.7%. In its latest Nigeria Development Report, the bank says …
How Tinubu’s reforms are fast-tracking economic growth – Report Read MoreNigeria’s economy has been witnessing some challenges in the last few years. How have we been managing the situation, what is the current state of things, and what do we …
Rejigging Nigeria’s economy Read More
The Small and Medium Enterprises Development Agency (SMEDAN) is set to create more jobs in the Micro, Small and Medium Enterprises sector through its “GROW Nigerian” strategy. It is also …
SMEDAN targets economic growth, jobs through GROW Nigerian initiative Read More
Nigeria’s private sector activity hit a 15-month high in April, according to the Stanbic IBTC Purchasing Manager Index (PMI) released by S&P Global. The growth is mainly attributed to a …
Private sector activities, business conditions improved to 15-month high April – S&P Read More
Nigeria’s sweeping macroeconomic reforms got thumbed up by global investors at a private forum hosted by the Central Bank of Nigeria (CBN) at Nasdaq MarketSite recently. The forum, themed “The …
Global investors preaches sustenance of inflows to handle external shocks Read More
The Investment and Security Bill 2024 signed into law by President Bola Ahmed Tinubu recently signifies the federal government’s intention to drive economic growth using the instrument of the capital …
ISA 2024 as a driver of economic growth Read More
Government officials, policymakers, business leaders, tech innovators, academics, and development partners will discuss Africa’s digital economy and the role of artificial intelligence in fostering inclusive growth at the African Digital …
AFDEIC: Tech leaders to discuss $180bn African digital economy in Abuja Read More
Governor of Enugu state, Dr. Peter Mbah, has charged Africa on robust regional collaboration and trade facilitation. He said Africa’s economic renaissance lies in extensive trade, not charity. Mbah, who …
Mbah in London: Africa’s economic renaissance lies in extensive trade, not aid, charity Read More
In a decisive move to ease liquidity constraints and stabilize the naira, the Central Bank of Nigeria (CBN) injected the sum of $197.71 million into the foreign exchange market on …
CBN injects $197.71m to stabilise FX market amid global shocks Read More
Nigeria’s manufacturing sector has been under much strain due to structural challenges that continue to impede its growth. The October Business Confidence Monitor by NESG-Stanbic IBTC only states the obvious; BENJAMIN UMUTEME …
Revitalising Nigeria’s manufacturing sector amid economic headwinds Read More
The Minister of Information and National Orientation, Mohammed Idris, has said that boosting small businesses is integral to the economic reform agenda of President Bola Ahmed Tinubu’s administration. Idris stated …
Boosting small businesses integral to FG’s economic reforms – Idris Read More
The national chairman of the Nigeria Institute of Industrial Engineers (NIIE), Engr. Abu Ozigi, says in order to create a strong and growing national economy, industries must contribute 40 percent …
Industries must contribute 40 percent of GDP for strong national economy – NIIE chair Read More
The resident information and public relations officer of the Nigeria Integrated Water Resources Management Commission (NIWRMC), Fatimah Yusuf, has pledged the determination of the agency to enhance the Renewed Hope …
How water regulations can contribute to nation’s economy, by NIWRMC official Read MoreThe federal government has been charged to do everything possible to prevent resource leakages and ensure that human and natural resources are effectively harnessed for socioeconomic progress of the country. …
FG charged to block resource leakages, ensure socio-economic development Read More
The Minister of Marine and Blue Economy, Hon. Adegboyega Oyetola has affirmed commitment to diversify Nigeria’s economy and capitalize on the global surge in deep-sea exploration. According to him, a …
Economy diversity: Nigeria to capitalize on the global surge in deep-sea exploration- Minister Read MoreThe Federal Ministry of Marine and Blue Economy and the Nigerian Maritime Administration and Safety Agency (NIMASA) are set to host a global workshop on deep seabed activities as part …
Nigeria hosts deep seabed global workshop on blue economy devt Read More
For the seventh consecutive years, Dangote Industries Limited, has again emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom and many others. …
Dangote Industries Ltd, again emerges most valuable brand in Nigeria for 7th time Read More
Nigeria reported positive growth in Value Added Tax (VAT) for the third quarter of 2023 with the aggregate VAT for the period surging to N948.07 billion. The amount showed a …
2023: Nigeria VAT revenue collection surges to N948.07bn in third quarter Read More
Residents of Aba, Abia state were in high spirit, when they rejoiced with the state governor, Alex Chioma Otti, who flagged off the reconstruction of the 6.8km Aba-Port Harcourt road at …
We ‘ll deliver Aba-Port Harcourt road to specification, Berger assures Read More