Federal Republic Of Nigeria
Tony Elumelu signs $6 million deal with UAE foundations to empower 1000 entrepreneurs
The Tony Elumelu Foundation has entered a strategic partnership with UAE foundations to empower more African entrepreneurs. The $6 milllion deal is set to change...
Nigeria emerges highest beneficiary of Afreximbank financing in Africa with $25 billion
The African Import-Export Bank (Afreximbank) has revealed that Nigeria is its largest beneficiary of various pilot and intervention projects totalling $25 billion.
5 countries Nigerians can visit on a budget as the naira is stronger
As the naira contrinues to strenghten, here are top five countries Nigerians could visit. The naira is stronger than the local currencies, and one can get a lot.
Femi Otedola’s brother, Rotimi, offloads N4.6bn Geregu shares as Nigerian billionaire’s wealth grows
Nigerian billionaire's brother, Oluwarotimi Otedola, has sold his shares in the electricity company, Geregu Power, worth at N4.8 billion which he purchased in 2023.
Conoil, 3 other oil companies record N386 billion in profits in 2024
Investors in Nigeria's oil and gas sector are all smiling to the bank after a profitable 2024, with billions of naira in profit. Four key players recorded N386bn...
"It's pessure tactics": Nigerian billionaire, Abdulrahman vows to challenge Dubai court judgement
A Nigerian billionaire and businessman, Abdulrahman Bashar, who was sentenced to one in Dubai prison has vowed to challenge the court case against him.
44% of businesses in Nigeria forced to layoff staff in 2024, says report
In the face of inflation crisis and in a bid to cut costs, about 44% of businesses were forced to lay off staff in 2024. The survey revealed other challenges
Chinese cement companies battle Dangote, BUA as they expand into Nigeria, Africa
Two Chinese cement firms, Huaxin and China Cement, are aggressively expanding into Africa to battle local players as they face headwinds at home.
Poultry farmers predict new egg prices as government intervenes
The Poultry Famers Association of Nigeria (PAN) has predicted a drop in egg prices following the intervention of the Lagos State government's Ounje Eko initiative
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