BY SOPHIA NKIRU Over the past year, Nestlé Nigeria Plc has undertaken several important initiatives in the areas of nutrition and affordable food solutions. These efforts span product innovation, nutrition education, vendor support, local sourcing, and value-chain enhancements. Below is a detailed overview of what the company has done, how[Read More…]
Features
For years, the phrase “FX backlog” hung like a dark cloud over the Nigerian economy. A mountain of unfulfilled foreign exchange obligations, estimated at a staggering $7 billion, cast a long shadow, eroding investor confidence and fueling a volatile currency market. Businesses struggled to repatriate profits, and importers faced crippling[Read More…]
The Naira’s Resilience: A Closer Look at the CBN’s FX Stabilization Strategy
For years, the Nigerian foreign exchange market was a source of constant anxiety, characterized by a depreciating naira, a wide gap between official and parallel market rates, and a persistent scarcity of foreign currency. However, in recent months, a new narrative has begun to emerge. The Naira, once seen as[Read More…]
Survival of the Fittest: How Banks Are Navigating the CBN’s Capital Crunch
In the high-stakes world of Nigerian finance, a new drama is unfolding. The Central Bank of Nigeria (CBN), in a bold and decisive move, has sounded the bugle for a banking sector recapitalization, a policy that is shaking the foundations of financial institutions across the country. With a deadline of[Read More…]
Infrastructure & Energy: Pillars of Progress
The twin pillars of infrastructure and energy are not merely components of a nation’s economy; they are the foundational elements upon which modern societies are built and sustained. Their symbiotic relationship dictates the pace of economic development, the quality of life for citizens, and a country’s resilience in the face[Read More…]
Yields to Moderate? Nigeria’s Fixed Income Market Looks to H2 with Cautious Optimism
After a dynamic first half marked by aggressive monetary policy tightening and fluctuating investor sentiment, Nigeria’s fixed income market is entering the second half of 2025 with an intriguing outlook. While yields on government bonds and Treasury bills have remained stubbornly high, a growing consensus among analysts suggests a potential[Read More…]
Beyond the Headlines: Unpacking the Historical Roots of the Israel-Iran Divide
The recent twelve-day conflict between Israel and Iran, while a stark reminder of ongoing tensions, has also highlighted a significant gap in public understanding: the profound historical currents that have shaped the Middle East and continue to fuel its complexities. As a student of history, it becomes clear that many[Read More…]
Will the All Democratic Alliance Be the Giant Killer? A Look at Nigeria’s Latest Political Marriage
The murmurs have coalesced into a thunderous declaration: the All Democratic Alliance (ADA) has emerged on Nigeria’s political scene. In a country where political alliances are as common as campaign promises, yet often as fleeting, the formation of ADA immediately begs the question: is this the “mega party” that can[Read More…]
Sixty Years of Significance: How Joe Akhigbe’s Milestone Birthday Redefined Celebration
Renowned Nigerian philanthropist and astute businessman, Mr. Joe Akhigbe, recently celebrated his milestone 60th birthday with a two-day series of events that profoundly underscored his unwavering commitment to humanitarianism and his deep connections with family, friends, and the community. The celebrations were marked by significant acts of charity and a[Read More…]
Beyond the Naira: How Rising Costs Reshape Business in Nigeria
Nigeria’s economy is currently gripped by a relentless surge in operating costs, forcing businesses across all sectors to look “beyond the Naira” in their strategic calculus. The twin scourges of persistently high inflation and the sharp depreciation of the national currency have created an unprecedented environment, demanding more than just[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…]