
Uber Injects N34 Billion Into Nigeria’s Economy in One Year, Report Shows
Uber contributed N34 billion to Nigeria’s economy in 2023, as drivers earned more and riders reported safety and convenience benefits

Uber contributed N34 billion to Nigeria’s economy in 2023, as drivers earned more and riders reported safety and convenience benefits

Nigeria-China trade rose 34.7% to $15.48 billion between January and July 2025, making Nigeria China’s second-largest trading partner in Africa

UBA reports N388.4 billion pre-tax profit in H1 2025, down 3.28% YoY, driven by strong interest income but pressured by rising costs

Nigeria’s non-oil exports hit N18.43 trillion in H1 2025, more than doubling from last year, as reduced oil theft and diversification efforts

Six banks Access, Zenith, GTBank, Wema, Stanbic IBTC, and Jaiz have met the CBN’s new recapitalization requirements ahead of march 2026 deadline

US imports of Nigerian goods plunged 41% in July 2025 after Trump raised tariffs. Nigeria faces trade challenges but eyes diversification

FG removes 5% excise tax on telecommunications services, offering relief to 171 million Nigerians after recent 50% tariff hike.

Nigeria-South Africa Chamber of Commerce (NSACC) has commended Stanbic IBTC Bank for its pivotal role in strengthening trade and investment

Naira appreciated to N1,520/$ as Nigeria’s forex reserves rose for the ninth consecutive week to $41.5bn, driven by investor inflows
Africa’s GDP is projected to rise to $15 trillion in 10 years if investments in agriculture, industry, and energy are sustained, according to the African Union.
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