Breaking News
IBM to Exit Nigeria, Ghana, and Key African Markets
IBM is set to exit Nigeria, Ghana, and 34 other African markets, transferring operations to MIBB, a Midis Group subsidiary, effective April 1, 2025.
6 February 2025
Tag: Economy
Business
Nigeria’s Economy Suffers as Blight Disease Leads to 74% Fall i Ginger Exports
Nigeria’s ginger exports fell by 74% in 2024 due to a widespread blight epidemic causing massive losses for farmers and skyrocketing prices
6 February 2025
Business
Nigeria’s PMI Hits 52.0 – Stanbic IBTC Bank Report
Nigeria’s Purchasing Managers’ Index (PMI) hit 52.0 in January 2025, signaling continued growth despite a minor slowdown
4 February 2025
Business
Nigeria’s Economy is Suffering From Corruption And Misrule – WTO, IMF
WTO and IMF commend Nigeria’s economy reforms under President Tinubu but warn of severe inflation, naira devaluation and corruption
3 February 2025
Breaking News
32.2 Million Nigerians Now Benefiting from FG’s Cash Transfer Scheme
A World Bank report reveals that 32.2 million Nigerians are benefiting from the FG’s cash transfer scheme under NASSP-SU
31 January 2025
Politics
El-Rufai Criticizes APC, Calls for Opposition Unity to Save Democracy
Former Kaduna Governor Nasir El-Rufai slams APC for lacking internal democracy and calls on opposition parties to unite against poor leadership in Nigeria.
29 January 2025
Politics
DMO Says President Tinubu Inherited N87.38trn Debt
Debt Management Office (DMO) states that President Tinubu inherited a total debt of N87.38 trillion, not N21 trillion
28 January 2025
Business
Nigeria’s GDP Resilient Amid Triple Shocks
Nigeria’s GDP grew by 3.46% in Q3 2024, led by services, finance, and telecommunications sectors.
27 January 2025
Business
NESG Outlines Economic Reforms to Boost Nigeria’s Growth in 2025
NESG projects Nigeria’s economy to grow by 5.5% in 2025 with sustained reforms. Key focus: curbing inflation, stabilizing FX rates
25 January 2025
Business
Manufacturing, Telecoms, Mining Are Leading VAT Revenues For Nigeria – NBS
Nigeria’s VAT revenue rose by 14% in Q3 2024, reaching N1.8 trillion. Manufacturing, ICT, and mining sectors led the contributions
22 January 2025
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