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Impact of Nigeria’s Growing Tech Industry on the Economy

KEY POINTS Nigeria's tech sector contributes 10-15% to GDP. Over 100,000 jobs created in Nigeria’s tech industry. $1 billion in foreign investments boosted Nigerian startups. Nigeria's tech industry has become one of Africa's most dynamic sectors, driving the country's economic transformation. In the first nine months of 2023,...

University of the Nation Accuses Police of Enabling Land Grab

The University of the Nation calls for action, alleging police complicity in land-grabbing that threatens campus safety and integrity

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NCDMB Launches $40 Million Funding for Female-Led Oil Firms

Key Points NCDMB’s $40 million fund targets female-led oil businesses. Women hold just 16% of Nigeria’s...

PTML Customs Reports N288 Billion Revenue Surge

Key Points PTML Customs achieves 34.8% year-over-year revenue growth. October revenue sets record at N44 billion. Seizures...

Nigeria’s Black Market Dollar Rate Now ₦1,740/$ As Demand Rises

Naira trade in NGN/$ at the PMA at ₦1,740/$ and the official rate touches ₦1,678.87/$.

Transforming Global Agriculture and Economics

The rise of agribusiness transforms global food production and economies while driving environmental shifts and challenging small-scale farmers' livelihoods

Court Issues Arrest Warrant for Dana Air MD Over Alleged N1.3bn Fraud

Dana Air MD Hathiramani Ranesh faces an arrest warrant for failing to appear in court over an alleged N1.3 billion fraud case

Why Exporters Are Struggling

Nigeria’s nonoild export growth is stifled by rising costs, high interest rates and policy restrictions.

Dangote Refinery Accuses Competitor of Selling Substandard Petroleum Products

Dangote Refinery calls out substandard fuel imports in Nigeria and urges government action to protect local industries

Electricity Tariff Hikes: What Nigerians Are Saying

KEY POINTS Electricity tariff hikes of 50-60% strain Nigerian households and businesses, impacting budgets...

Yuletide drives Petrol Consumption to 50 million Litres

KEY POINTS Nigeria’s petrol demand hits 50 million litres daily ahead of the holiday...

Access Bank eyes Dollar-denominated securities deal with DFIs

  KEY POINTS Access Bank will issue dollar-denominated securities in two tranches targeting DFIs and...

Nigeria’s $618 Million Borrowing for Attack Jets: Addressing Insecurity at Economic Cost

Nigeria’s approval of a $618 million loan for attack jets addresses rising insecurity but prompts questions on economic impact and sustainable security solutions.

Nigeria Loses N36 Trillion Annually to Untitled Land Ownership

KEY POINTS Nigeria's real estate sector suffers a staggering annual loss of N36 trillion...

Latest articles

Impact of Nigeria’s Growing Tech Industry on the Economy

KEY POINTS Nigeria's tech sector contributes 10-15% to GDP. Over 100,000 jobs created in Nigeria’s tech...

University of the Nation Accuses Police of Enabling Land Grab

The University of the Nation calls for action, alleging police complicity in land-grabbing that threatens campus safety and integrity

Protest as Patients Suffer 17-Day Power Calamity in UCH, Ibadan

Angry protesters took to the University College Hospital, Ibadan today over the 17 power blacks that have affected surgeries and patient treatment.

Obi Leads LP’s Ondo Campaign, Calls for State Rebuilding

Peter Obi rallies support for Labour Party candidate Sola Ebiseeni in Ondo's upcoming governorship election, urging residents to choose leadership focused on employment, education, and infrastructure.