Business

Nigeria’s Economic Outlook Upgraded by S&P Global as Reforms Show Promise The international credit rating agency S&P Global Ratings has revised Nigeria’s outlook from “stable” to “positive,” marking a significant…

FCTA Launches Clean Air Initiative: 5,000 Households to Receive Free Gas Cylinders The Federal Capital Territory Administration (FCTA) has unveiled an ambitious environmental health program that will provide 5,000 households…

SWEEP Foundation’s President and CEO, Ambassador Obuesi Phillips, emphasized the paradigm shift in viewing waste as a valuable resource rather than a burden. “We are at a critical juncture where…

Yobe State Launches Major Initiative to Transform Mining Sector Yobe State Government has taken a significant step toward diversifying its economy through a comprehensive mining development program, marked by a…

Nigeria’s Baking Industry in Crisis: Over Half of Bakeries Shut Down Amid Economic Challenges The Nigerian bread-making sector is facing an unprecedented crisis, with more than 80,000 bakeries forced to…

Oil Industry Pension Crisis: PENGASSAN Raises Alarm Over Retirees’ Declining Benefits Nigerian oil and gas sector retirees are facing severe economic hardship as their pension values continue to deteriorate amid…

The announcement represents a major development in Nigeria’s agribusiness sector, potentially setting the stage for increased agricultural productivity and processing capabilities in the country’s food production industry.

Nigeria’s Foreign Reserves Hit $43.32 Billion, Marking Significant Year-on-Year Growth Nigeria’s international reserves reached a notable milestone of $43.32 billion as of November 6, 2025, representing an 8.2 percent increase…

CBN’s Treasury Bill Operations Reach N11.43 Trillion in 2025 as Part of Economic Stabilization Efforts The Central Bank of Nigeria (CBN) has significantly expanded its monetary operations, successfully mopping up…