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…]
Business
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…]
Shaping the Future: Innovations and Challenges in Nigeria’s Commerce and Industry
Nigeria’s commerce and industry sectors have long been the backbone of its economy, playing a pivotal role in job creation, revenue generation, and overall national development. With a population of over 200 million people and an economy that remains one of Africa’s largest, the country has vast potential to dominate[Read More…]
FBN Holdings Clarifies Merchant Banking Divestment, Retains Other Subsidiaries
FBN Holdings has sought to clarify the recent divestment from its Merchant Banking business. According to the lender, all its businesses and entities apart from the Merchant Banking business are not included in the divestment deal. It said, “We wish to clarify that all other entities and businesses listed below[Read More…]
Zenith Bank Extends Rights Issue, Public Offer By Two Weeks Over Nationwide Protest
Zenith Bank Plc has announced an extension of its current rights issue and public offer, which was originally set to close on Monday, September 9, 2024. The new closing date has been extended by an additional two weeks, to September 23, 2024. This extension was disclosed in a notice to[Read More…]
In Unprecedented Feat, Nigeria Raises over $900m in Domestic FGN US Dollar Bond
In an unprecedented move aimed at strengthening the economy and advancing financial inclusion, the Federal Government has raised over $900million from its first-ever Domestic Federal Government of Nigeria (FGN) US Dollar Bond issuance. The Debt Management Office (DMO) described the achievement as a pivotal step in Nigeria’s economic development. The[Read More…]