Economy, markets, finance, CBN policy, energy, and industry.
As Nigeria seeks to diversify its economy, students across various disciplines are encouraged to harness their skills for global export markets. By integrating export education into academic curricula, future professionals can contribute significantly to the nation's economic landscape.
A groundbreaking $10 billion investment initiative is poised to position Ogun State, alongside NNPC and OGLNG, as a central player in Nigeria's emerging coastal economy, promising the creation of over 50,000 direct jobs. The ambitious project includes the development of a new port featuring a four-kilometre berth and an 18-metre draft to enhance maritime activities.
ProTaxi, a groundbreaking initiative by Promiseland, has officially commenced operations in Abuja, introducing electric vehicles aimed at enhancing urban mobility. This innovative venture seeks to uplift local communities and create sustainable job opportunities through the use of technology.
PZ Cussons announced a remarkable 10% increase in revenue for the first quarter of the 2027 financial year, reaching N260.46 billion. The company's organic operating profit surged by 39%, reflecting robust performance compared to the previous financial period.
In Jigawa State, the agricultural narrative is shifting as modern farming tools and practices take center stage under the guidance of Governor Namadi. This transformation aims to empower local farmers by moving beyond traditional reliance on government-supplied tractors.
The contrasting leadership styles of industrialists like Aliko Dangote and tech innovators such as Elon Musk highlight the need for diverse business ecosystems in Africa. To harness this potential, governments must foster an environment conducive to the success of both sectors.
President Bola Tinubu has announced a marked reduction in oil theft, attributing the improvement to ongoing efforts in the oil sector. This development, he claims, is pivotal for revitalizing Nigeria's economy and securing energy resources.
President Bola Tinubu has announced that Nigeria's economy is expected to grow by more than 4% by 2026, driven by advancements in both oil and non-oil sectors. This growth is attributed to a combination of improved foreign exchange stability, reduced inflation, and a boost in non-oil exports.
The Naira has shown signs of improvement, appreciating to N1,370 per dollar in the parallel market, with official rates also reflecting a positive trend. This shift indicates a narrowing gap between the parallel and official exchange rates, providing a glimmer of hope for the Nigerian economy.
In the first half of 2026, Nigeria spent approximately N183.5 billion on cane sugar imports, revealing a staggering 97% reliance on foreign sugar sources. Niger State Governor Umar Bago emphasizes the untapped potential for local sugar production, calling for a shift towards domestic cultivation.
Former President Olusegun Obasanjo has alleged that French multinational Lafarge has continuously obstructed Aliko Dangote's efforts to expand his cement production across Africa. The claims highlight ongoing tensions between the two companies in the cement industry.
Tanzania has announced the removal of Nigeria from its referral visa category, a move that reflects recent amendments to its immigration regulations. This decision is expected to ease travel for Nigerians seeking to visit the East African nation.
