Business
Nigeria Spends ₦1.4 Trillion on Imported Food and Beverages Amid Local Production Gaps
Nigeria continues to rely heavily on imported consumables, spending approximately ₦1.4 trillion on prepared foodstuffs, beverages, and vegetable products. This highlights ongoing challenges...
Nigeria Poised to Dominate Global Cocoa Market, Says Agro Investor
The Managing Director/Chief Executive Officer of GestPoint Nigeria Limited, Dr. Ebenezer Akinrinade, has said Nigeria is strategically positioned to meet rising global demand...
“Nigeria’s Capital Gains Tax Shakeup Deepens Market Uncertainty”
Nigeria’s decision to reinstate and significantly increase capital gains tax on equity transactions has rattled investor confidence and cooled activity on the nation’s...
Nigeria’s Foreign Exchange Reserves Climb by $4.39bn Over 12 Months
Nigeria’s foreign exchange reserves increased by $4.39 billion over the past year, reaching $45.24 billion. This marks an approximate 10.8% year‑on‑year gain in...
Nigeria’s Power Grid Shows Greater Stability, NISO Says
The Nigerian Independent System Operator (NISO) has reported that the country’s national electricity grid experienced noticeably improved stability in 2025 compared with previous...
“Exodus of Nigerian Scientists Poses Risk to National Research Progress”
The Nigerian Academy of Science has raised serious concerns over the escalating departure of scientists and researchers from Nigeria, warning that this trend...
DisCos Begin Nationwide Rollout of 700,000 Free Prepaid Meters After NERC Pressure
Electricity distribution companies (DisCos) across Nigeria have started distributing about 700,000 prepaid meters free of charge to customers, especially those in Band A...
Nigerians Enjoy World’s Lowest Domestic Airfares Despite Rising Holiday Prices — Air Peace CEO
Chairman and Chief Executive Officer of Air Peace, Allen Onyema, has stated that Nigerians continue to enjoy the cheapest domestic airfares globally, even...
