Business
Nigeria’s Inflation Rises Unexpectedly to 24.2% in March 2025
Nigeria’s annual inflation surged to 24.2% in March, up from 23.2%, driven by a weakening naira and falling oil prices amid global trade tensions.
15 April 2025
Business
Business
FG Expands SAPZ Coverage with $1bn AfDB Loan
Federal government secures a $1bn AfDB loan to extend the Special Agro-Industrial Processing Zones (SAPZ) across more States
14 April 2025
Business
Nigeria Drops to 3rd in Africa’s 2025 Hotel Development Pipeline
Nigeria has fallen to third place in Africa’s 2025 hotel development pipeline, overtaken by Morocco, according to the W Hospitality Group.
12 April 2025
Business
Airlines Slash Nigeria-Europe Fares as Low Travel Season Hits
Airlines slash flight ticket prices from Nigeria to Europe amid the February–May low travel season. Business and economy class fares see major drops
11 April 2025
Business
Nigeria Records Highest Remittance Inflows in Five Years Under Cardoso
Nigeria saw a 9% rise in remittance inflows in 2024, hitting $20.98 billion—the highest in five years under CBN Governor Olayemi Cardoso.
10 April 2025
Business
China Hits Back with 84% Tariff on US Imports as Trade Tensions Soar
China retaliates with an 84% tariff on US imports after President Trump’s 104% tariff on Chinese goods, sparking global market concerns.
9 April 2025
Business
Federal Government Eyes Economic Reset After Trump’s Tariff Hits Exports
The Nigerian federal government is weighing a major shift in its economic strategy following U.S. President Donald Trump’s 14% tariff
8 April 2025
Business
Trump’s Tariff Shockwaves Hits Nigeria’s Financial Markets
Nigeria’s financial markets reel from global tariff tensions as the naira weakens despite CBN’s $321m intervention
7 April 2025
Business
Nigeria’s Public Debt Hits Record N144.6 Trillion as Borrowing Surges
Nigeria’s total public debt soared to a record N144.6 trillion by end of 2024, driven by a sharp rise in domestic and external borrowings.
5 April 2025
Business
Transcorp Hotels Declares N7.57 Billion Dividend for 2024
Transcorp Hotels Plc declares a total dividend of N7.57 billion for 2024, reflecting its strong revenue growth, profitability, and improved guest experience.
4 April 2025
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