First Holdco Plc reports N781.88 billion pre-tax profit for 2024, with 125% growth. Femi Otedola increases shareholding to 11.8%. Gross earnings hit N3.21 trillion.
European Union has expressed interest in Nigeria’s $700 billion solid minerals sector, with a focus on lithium, cobalt, and copper to support green energy goals.
Nigeria’s palm oil sector is set for a major revival with a new strategic plan targeting 1.5 million hectares, increased investments, and a roadmap to reduce the nation’s import dependence and create jobs.
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.
Federal government secures a $1bn AfDB loan to extend the Special Agro-Industrial Processing Zones (SAPZ) across more States
Nigeria has fallen to third place in Africa’s 2025 hotel development pipeline, overtaken by Morocco, according to the W Hospitality Group.
Airlines slash flight ticket prices from Nigeria to Europe amid the February–May low travel season. Business and economy class fares see major drops
Nigeria saw a 9% rise in remittance inflows in 2024, hitting $20.98 billion—the highest in five years under CBN Governor Olayemi Cardoso.
China retaliates with an 84% tariff on US imports after President Trump’s 104% tariff on Chinese goods, sparking global market concerns.
The Nigerian federal government is weighing a major shift in its economic strategy following U.S. President Donald Trump’s 14% tariff
