KEY POINTS
Insecurity and erratic power supply remain the top operational constraints for Nigerian businesses, followed by taxes, high interest rates, and financial challenges.
Business confidence is improving, with optimism in industry, agriculture, and services sectors, and expectations of higher employment and expansion in...
KEY POINTS
Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025 and 2026 to strengthen its health sector and reduce dependence on foreign aid.
Federal health spending has risen sharply, with allocations now at 5.2 per cent of the national budget...
Nigeria's manufacturing sector faces a severe crisis as over 50 firms shut down, leading to massive job losses. Industry leaders urge government intervention to prevent further economic decline.
Barbican Capital Limited files a lawsuit against First Bank of Nigeria, accusing the bank of misrepresenting its shareholding, causing financial and reputational damage.
The anticipated FX subsidy cash windfall to state governors in Nigeria has failed to alleviate economic hardships, sparking concerns over governance and transparency.
The Nigerian Police Force has clarified that the operation at the NLC Secretariat targeted a foreign crime suspect, not the labor union, emphasizing a lawful and focused action.