Nigeria’s business environment has always been a dynamic, if unpredictable, landscape. However, today, businesses are truly at a crossroads, grappling with unprecedented challenges and emerging opportunities. The country’s economy, once buoyed by its vast natural resources and a burgeoning population, now faces myriad hurdles, from macroeconomic instability to policy shifts[Read More…]
Author: Godwin Anyebe
Dangote vs NNPCL: Who’s Lying to Nigerians?
The Nigerian oil and gas sector, long plagued by inefficiencies and corruption, is now witnessing a dramatic standoff between two of its most prominent players: the Dangote Group and the Nigerian National Petroleum Company Limited (NNPCL). At the heart of this brewing controversy is the truth about fuel availability, pricing,[Read More…]
Akyward Shift: How Innovations and Policy Reforms Are Shaping the Future of Nigeria’s Aviation Industry
Nigeria’s aviation industry is at a pivotal moment. As Africa’s largest economy and one of the continent’s most populous nations, the demand for air travel within and outside the country is surging. Over the past decade, this sector has faced significant challenges—from infrastructure gaps to regulatory issues—yet recent innovations and[Read More…]
Navigating Tough Waters: The State of SMEs in Nigeria Amid Economic Challenges
Small and Medium Enterprises (SMEs) are often referred to as the backbone of any economy, and in Nigeria, they play an even more crucial role. With over 40 million SMEs contributing nearly 50% to the country’s GDP and accounting for about 80% of employment, their importance cannot be overstated. However,[Read More…]
Leisure Unleashed: Exploring the Growing Trends and Untapped Potential of Nigeria’s Recreation Industry
In recent years, Nigeria’s leisure and recreation industry has witnessed a remarkable transformation, with growing interest in entertainment, tourism, and wellness experiences. As the nation’s middle class expands and disposable income increases, there has been a notable shift toward the pursuit of leisure, not only as a form of relaxation[Read More…]
Economic Frontline: Key Trends Driving Nigeria’s Business Landscape
As Nigeria navigates the complexities of a global economy, its business landscape is witnessing significant shifts. These changes are driven by a combination of domestic policies, global economic trends, and the rising influence of technology. With both challenges and opportunities in sight, businesses across sectors are adapting to new realities.[Read More…]
Fueling Uncertainty: Nigeria at a Crossroads Amid Surging Energy Costs
Nigeria stands at a critical juncture as rising fuel costs ripple through the nation’s economy, leaving businesses, households, and industries grappling with an uncertain future. The removal of fuel subsidies, intended as a bold step toward long-term economic stability, has sparked intense debate across the country. While the policy shift[Read More…]
Beyond the Game: Driving Economic Growth Through Nigeria’s Sports Business
Nigeria’s sports sector is not only a source of national pride but also an untapped goldmine with immense economic potential. The rise of the global sports industry has showcased the power of sports in fostering economic growth, creating jobs, and driving social development. In a country where football is often[Read More…]
EXCEL Africa 2024 Set to Hold on September 30th
The prestigious Excellence in Corporate Enterprise and Leadership (EXCEL) Awards 2024 is set to take place on September 30th, 2024, at the Oriental Hotel, Victoria Island, Lagos, Nigeria. This annual event celebrates outstanding African personalities and organizations that have made significant contributions to the continent’s economic development through their leadership[Read More…]
WASSA Exhibition 2024 Set to Hold on September 30th ESG Impact Consulting Limited, a leading firm focused on sustainable practices that meet present needs without compromising future generations, is proud to announce the West Africa Sustainability Summit and Awards (WASSA) 2024. This prestigious event, scheduled for September 30th, 2024, will take place at the Oriental Hotel, Victoria Island, Lagos, Nigeria. According to a statement made available to newsmen by the organisers of the event recently in Lagos, “the WASSA 2024 event will recognize and honor African companies that have made significant strides in sustainability. Awards will be presented to organizations for their efforts in enhancing quality of life, reducing environmental impact, and contributing to the achievement of the United Nations’ Sustainable Development Goals (SDGs).” With the theme “Creating a Sustainable West Africa: How Smart Companies Turn Sustainability into Billion Dollar Businesses,” the summit will focus on how successful organizations are building sustainable brands. It will provide a platform for the exchange of ideas on the importance of sustainability in business operations and brand development. Participants will be encouraged to adopt best practices that link sustainability with brand building, reinforcing the relationship between the two. Also, the statement pointed out that, “attendees will gain insights into how Africa’s top brands integrate sustainability into their core strategies, engage in thought-provoking discussions with senior leaders, and expand their professional networks by connecting with industry experts. The summit will feature in-depth analysis of emerging trends in sustainability, equipping businesses with tools to improve productivity, manage risks, and safeguard customer well-being.” “Insspirational speakers will share their experiences and offer practical advice on building sustainable brands, helping organizations transition into future-ready, eco-conscious entities. The WASSA 2024 summit promises to be a transformative event for businesses committed to a sustainable future.” The statement added.
ESG Impact Consulting Limited, a leading firm focused on sustainable practices that meet present needs without compromising future generations, is proud to announce the West Africa Sustainability Summit and Awards (WASSA) 2024. This prestigious event, scheduled for September 30th, 2024, will take place at the Oriental Hotel, Victoria Island, Lagos,[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]