As one of Nigeria’s oldest and most significant players in the food and agro-allied sectors, Flour Mills of Nigeria PLC (FMN) is making bold moves to secure its future as a regional and industrial powerhouse. The company recently announced a share acquisition plan aimed at transitioning the firm’s structure to[Read More…]
Author: Godwin Anyebe
Golden Penny Launches “Easy To Spread, Good For The Family” Campaign.
Golden Penny, a well-established name in household food products, proudly introduces its latest campaign, “Easy To Spread, Good For The Family,” designed to promote the health benefits, convenience, and versatility of its popular Classic Spread. Launched on the 6th of September 2024, the campaign aims to highlight how Golden Penny[Read More…]
FirstBank Sponsors the Maiden Edition of The Nigerian Fintech Festival Event in Lagos
The inaugural edition of the Nigerian Fintech Festival, the biggest fintech festival in Nigeria, sponsored by FirstBank, West Africa premier financial institution and financial inclusion services provider is set to take place in Lagos on September 26, 2024. The Nigerian Fintech Festival 2024 will host over 1000 industry stakeholders within[Read More…]
Businesses at the Crossroads in Nigeria: Navigating Uncertainty and Opportunity
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…]
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…]
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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…]