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
Tag: Economy
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 $20.98 billion—the highest in five years under CBN Governor Olayemi Cardoso.
10 April 2025
Business
China Hits Back with 84% Tariff on US Imports as Trade Tensions Soar
China retaliates with an 84% tariff on US imports after President Trump’s 104% tariff on Chinese goods, sparking global market concerns.
9 April 2025
Breaking News
Tension Builds as Protest and Police Clash Loom on National Police Day
Protests planned by the Take it Back Movement in Lagos, Abuja, Port Harcourt, and Ibadan may trigger a showdown with security forces as police vow to halt what they call a subversive act on National Police
7 April 2025
Breaking News
Trump Imposes 14% Tariff on Nigerian Exports to the U.S.
U.S. President Donald Trump has announced a 14% tariff on Nigerian exports, citing trade imbalance. The new policy impacts over 50 countries and sparks global trade concerns.
3 April 2025
Business
Naira Faces Continued Pressure Below ₦1,550/$ as FX Market Remains Fragile
The naira struggles below ₦1,550/$ in the parallel market despite growing FX reserves. Meanwhile, global markets await President Trump’s new tariff plans.
2 April 2025
Business
AfDB Unveils New Strategy to Boost Nigeria’s Agriculture and Economic Growth
African Development Bank (AfDB) has launched a new Country Strategy Paper to support Nigeria’s agricultural sector
26 March 2025
Breaking News
Dangote To Build 18m Metric Tons Capacity Cement Plant In Ogun
Aliko Dangote plans to make Ogun State Africa’s top cement producer with an 18 million metric tons annual capacity cement plant in itori
18 March 2025
Business
Finance Minister Wale Edun Sets 7% GDP Growth Target for Nigeria
Nigeria’s Finance Minister, Wale Edun, aims for a 7% GDP growth rate, surpassing the projected 4.6% for 2025
11 March 2025
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