Nigeria, often referred to as the “Giant of Africa,” stands at a crucial crossroads as it navigates the complexities of technological advancement in the 21st century. With a population exceeding 220 million, a youthful demographic, and a rapidly expanding tech ecosystem, Nigeria holds immense potential to become a leader in[Read More…]
Business
The ENI-Oando Speedy Approval Raises Questions Amid Lingering Divestment Concerns
The recent swift approval of the ENI-Oando deal has sparked considerable debate within Nigeria’s energy sector. As the Italian energy giant ENI divests its onshore assets in Nigeria, selling them off to Oando, a prominent Nigerian oil and gas company, industry stakeholders are raising eyebrows at the speed with which[Read More…]
Thriving Against the Odds: Navigating Business in an Unfriendly Environment
In today’s global landscape, doing business is more challenging than ever. Political instability, economic downturns, regulatory hurdles, and infrastructural deficits are just some of the obstacles that make certain environments hostile for businesses. Yet, some businesses not only survive in these conditions but also thrive. This article delves into the[Read More…]
Why Government Must Support SMEs in Nigeria
Small and Medium Enterprises (SMEs) are the backbone of Nigeria’s economy. They contribute significantly to employment, economic growth, and innovation. Yet, despite their importance, SMEs in Nigeria face numerous challenges that hinder their growth and sustainability. For these reasons, it is crucial that the Nigerian government intensifies its support for[Read More…]
Navigating Nigeria’s Cashless Economy: Challenges and Opportunities for Banks and Customers
Nigeria’s transition towards a cashless economy is a journey marked by significant opportunities and challenges for both banks and customers. As digital payments gain traction and the Central Bank of Nigeria (CBN) pushes for reduced reliance on physical cash, the landscape of banking and financial transactions in the country is[Read More…]
Africa – The Need for a Sustainable Business Plan
Africa is a continent rich in natural resources, human capital, and potential for economic growth. However, this potential can only be fully realized if businesses across the continent adopt and implement sustainable business practices. The need for a sustainable business plan in Africa is becoming increasingly urgent, as the region[Read More…]
How Nigerian Stocks May Perform in the One Next Week
As we look ahead to the coming week, the performance of Nigerian stocks will likely be influenced by a combination of macroeconomic factors, corporate earnings reports, and investor sentiment. The Nigerian stock market, like many others globally, is sensitive to a range of domestic and international events that could sway[Read More…]
No Respite in Sight as Fuel Scarcity Continues in Nigeria
Nigeria, a country abundantly blessed with oil, is once again grappling with a crippling fuel scarcity that seems to have no end in sight. This perennial problem, which has become an unfortunate hallmark of Nigeria’s economic woes, continues to inflict severe hardship on the population, disrupt businesses, and undermine confidence[Read More…]
The Crucial Imperative for Dangote Refinery’s Success: A National Priority
In the landscape of Africa’s industrial and economic ambitions, few projects have stirred as much excitement and promise as the Dangote Refinery. As the largest single-train refinery in the world, this monumental endeavor, spearheaded by Nigerian billionaire Aliko Dangote, has the potential to reshape not only Nigeria’s economic fortunes but[Read More…]
Experts Advocate for Strategic Measures to Boost Nigeria’s GDP Growth
Nigeria, Africa’s largest economy, has long been recognized for its vast potential and resources. However, to fully harness this potential and drive sustainable economic growth, experts are increasingly emphasizing the need for strategic measures to support and enhance the country’s Gross Domestic Product (GDP). In fact, Data by the National[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…]