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Nigeria’s next-gen satellites set for 2028 launch

NIGCOMSAT Managing Director Jane Egerton-Idehen says Nigeria's satellite program has entered its execution phase, with two new satellites set for launch in 2028 and 2029.
News

Edun targets 7 percent annual Nigeria GDP growth

Finance Minister Olawale Edun says Nigeria is targeting 7 percent annual GDP growth and needs $14 billion yearly to bridge its infrastructure gap.

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Business

Imported Petrol Landing Cost Drops to N900 Per Litre

Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability
Business

In Five Years, FAAN Remits Over N218bn to Federation Account

For 2020 to 2024, FAAN remits over N218bn to Nigeria's Federation Account and N352.2m in stamp duty payments.
Business

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability
Business

Nigeria’s Oil Dependence and Path to Economic Diversification

Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability
Business

Naira Strengthens as Traders Respond to Central Bank FX Policy

The naira gained strength in the parallel market, supported by Central Bank reforms, FX trading upgrades, and trader confidence
Business

Nigeria hits 158 CNG Conversion Centres, targets 1,000 by 2025

With plans to establish 1,000 conversion centres, local manufacturing hubs and mechanic training institutes, Nigeria’s move to compressed natural gas vehicles hits the mark.
Business

Naspers Reports $3.4 Billion in Revenue for H1 2025

Naspers sees 23% revenue growth in 2025, fueled by its e-commerce portfolio, U.S. operations, and AI-driven innovations
Business

Nigeria, France Ink Deal to Transform Solid Minerals Sector

Nigeria and France sign MoU to boost mining sustainability, diversify solid minerals, and promote environmental restoration.
Business

Kano Revenue Agency Seals Max Air Over Unpaid N190 Million Tax Debt

Kano Revenue Service seals Max Air’s headquarters over N190 million($0.11 million) tax debt, after failed negotiations for payment.
Business

To Quell Inflation, CBN Increases Interest Rate to 27.5 Percent

CBN hikes interest rate to 27.5% to rein in inflation fuelled by energy costs, fiscal deficits.
Business

Dangote Refinery Slams Naira-for-Crude Policy

Dangote Refinery raises concerns over the naira-for-crude initiative, citing inadequate crude supply from NNPC and broader challenges for refineries
Business

New Lab Launched To Empower Nigeria’s MSMEs

Nigerian MSMEs get mentorship and tools to scale businesses with new SSE Lab in Lagos.
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Latest articles

News

Nigeria’s next-gen satellites set for 2028 launch

NIGCOMSAT Managing Director Jane Egerton-Idehen says Nigeria's satellite program has entered its execution phase, with two new satellites set for launch in 2028 and 2029.
News

Edun targets 7 percent annual Nigeria GDP growth

Finance Minister Olawale Edun says Nigeria is targeting 7 percent annual GDP growth and needs $14 billion yearly to bridge its infrastructure gap.
Politics

ALGON pledges Renewed Hope Agenda push across Nigeria

ALGON Acting National President Iliyasu Zakari pledged full grassroots implementation of Tinubu's Renewed Hope Agenda at his inauguration in Abuja on Monday.
News

Security expert Yahuza Getso says Nigeria’s ‘repentant Boko Haram’ policy is playing games with citizens

Security expert Dr. Yahuza Getso has rejected the Federal Government's "repentant Boko Haram" framing, calling it deceptive and dangerous to public trust.

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