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…]
Business
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…]
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…]
Balancing Growth and Stability: Navigating Nigeria’s Economic Policy Reforms
Nigeria stands at a critical crossroads in its economic journey, grappling with the dual challenges of fostering growth and maintaining stability. The recent wave of economic policy reforms introduced by the government aims to address long-standing structural weaknesses, boost local production, and attract investment. However, the path to achieving these[Read More…]
Revolutionizing Agriculture: The Rise of Agrotech in Nigeria’s Farming Sector
As Nigeria grapples with the dual challenges of food security and economic sustainability, the agricultural sector stands at a pivotal moment. The rise of agrotech—an innovative blend of agriculture and technology—promises to transform traditional farming practices and address the pressing issues facing the industry. This evolution is not just about[Read More…]
Trailblazers of Tomorrow: Unleashing the Power of Entrepreneurship in Nigeria’s Dynamic Economy
Entrepreneurship in Nigeria is not just a buzzword; it is the lifeblood of the nation’s evolving economic landscape. As traditional employment models wane, driven by technological advancements, market volatility, and demographic changes, a new breed of trailblazers is rising—entrepreneurs who are not only shaping their futures but redefining Nigeria’s economy.[Read More…]
Business Pulse: Tracking Innovations, Markets, and Growth Trends
By Godwin Anyebe As the global economy evolves, businesses must stay ahead of emerging trends and innovations to maintain competitiveness in an increasingly dynamic market. Across sectors, the pace of technological advancements, consumer behavior shifts, and market disruptions is accelerating. Understanding and leveraging these trends is key to unlocking growth[Read More…]
Success Stories of SMEs in Nigeria: Charles Danson’s Journey in the Beverage Industry
In the bustling economy of Nigeria, Small and Medium-sized Enterprises (SMEs) play a pivotal role in driving growth and creating employment opportunities. Among these success stories is Charles Danson, a shop owner who has made significant strides in the beverage industry. His journey from a small shopkeeper to a successful[Read More…]
Consumer TV
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…]