Economy

Business

Employment Rate Rise to 5.3% As Businesses Continue To Fold

Nigeria’s employment rate rise to 5.3%, with analysts warning of economic strain due to company shutdowns and high inflation.

25 September 2024

Business

CBN Withdraws Policy Due To Misrepresentations

Central Bank of Nigeria (CBN) has withdrawn a policy due to widespread misrepresentations, raising questions about its financial policies

20 September 2024

Breaking News

CBN Gives PoS Operators One Month Ultimatum For PTSAs Routing

The CBN mandates all PoS transactions to be routed through PTSAs, to improve the nation’s electronic transaction tracking.

13 September 2024

Nigeria Exports Increase Nigeria Exports Increase

Business

Nigeria Records 201% Increase In Exports In Q3 2024

Nigeria recorded a 201% increase in exports in Q3 2024, driven by improved oil production, diversification efforts, and stronger trade partnerships

12 September 2024

Business

Innoson Unveils Electric Vehicle Made In Nigeria

Innoson Motors unveils Nigeria’s first locally-made electric vehicle, marking a milestone in the nation’s automotive industry. Explore the features and innovations driving this eco-friendly transportation revolution in Nigeria.

11 September 2024

Business

Uber Increase Fare Prices By 13%, Drivers Ask For More

Uber increases fares by 13% in Nigeria to offset rising fuel costs, sparking protests from drivers. Drivers demand lower commission rates to alleviate their financial burdens.

7 September 2024

Breaking News

President Tinubu Speaks On Fuel Prices Says Decision Inevitable

President Tinubu concludes China visit, addresses people on fuel prices hike, and emphasizes plans to replicate China’s infrastructure

7 September 2024

Business

Pharmaceutical Sector Pressing Towards 70% Local Production

Discover how the pharmaceutical sector is striving to achieve 70% local production, the challenges they face, and the potential impact on healthcare access and the economy in Nigeria.

5 September 2024