Presco Plc Launches ₦23.7B Rights Issue for Expansion
Leading Nigerian agro-industrial company Presco Plc announces strategic ₦23.7 billion rights issue to finance expansion projects and boost palm oil production capacity across Nigeria.
Category : Search result: Nigerian economy December
Lekki Deep Sea Port Severely Underused - NPA
Nigeria Ports Authority exposes shocking underutilization of Lekki Deep Sea Port as local businesses fail to leverage Africa's deepest port facility, missing massive trade opportunities.
IVM Boss: Banking Bottlenecks Hurt Nigerian Manufacturers
IVM's Managing Director Mitchell Elegbe advocates for strengthened local content policy while highlighting banking sector challenges crippling Nigerian manufacturers' competitiveness.
December in Nigeria: When Celebration Becomes Business
Discover how Nigeria's festive December period has transformed into a massive commercial enterprise, driving economic activity across retail, travel, and entertainment sectors.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
House Scrutinizes Tinubu's N1.15T Loan Request
Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.
Nigeria Stock Crisis: ₦1.3Trn Lost in Day
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
US-Nigeria Rift May Widen Poverty - Economist
Renowned economist Professor Godwin Owoh warns that deteriorating relations with the United States could have devastating consequences for Nigeria's economy, potentially pushing millions into poverty and stalling development.
Professionalism Key to Nigeria's Business Growth - Leaders
Top Nigerian business leaders emphasize that embracing professional standards and ethical practices is the key driver for sustainable economic growth and global competitiveness in today's challenging market environment.
Nigeria's Tax Revolution: Act 2025 Changes Everything
Discover how Nigeria's groundbreaking Tax Administration Act 2025 promises unified tax procedures, enhanced transparency, and simplified compliance for businesses and individuals across the nation.
Nigeria's Costly Governance: The Bleeding Economy
An in-depth analysis reveals how Nigeria's massive governance costs are crippling economic development and draining public resources that should serve the people.
Court dismisses Dangote's ₦100bn suit against NNPC
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
Nigerian Reps Demand Urgent Action on Capital Projects
Growing pressure mounts on President Bola Tinubu as lawmakers demand immediate implementation of capital projects amid economic challenges facing Nigeria.
National Assembly Scrutinizes Tinubu's ₦1.15T Loan Request
Nigerian lawmakers launch thorough investigation into President Tinubu's controversial ₦1.15 trillion loan proposal amid growing economic concerns and public scrutiny.
US Supreme Court Skeptical of Trump Tariff Legality
American Supreme Court justices express serious doubts about Trump-era tariff legality, raising concerns about global trade implications and potential impacts on Nigerian importers and consumers.
McDonald's Sales Surge 5.4% Despite Economic Pressures
McDonald's defies economic challenges with strategic promotions and affordable offerings, reporting impressive global sales growth of 5.4% in Q2 2024.
African Ports Must Unite for Blue Economy Growth
Nigerian Ports Authority MD Mohammed Dantsoho calls for enhanced cooperation among African ports to harness the continent's massive blue economy opportunities for sustainable growth.
FG Declares 2 Public Holidays for December 2025
The Federal Government has officially declared two public holidays for December 2025, giving Nigerians early notice to plan their year-end celebrations and travels accordingly.
Nestlé MYOWBU: Creating Jobs in Nigeria
Discover how Nestlé Nigeria's MYOWBU program is transforming lives by creating sustainable employment opportunities and enhancing financial inclusion across Nigerian communities.
China Defends Nigeria: 4 Reasons Against Trump's Strike Plan
Beijing launches fierce defense of Africa's largest economy as Trump considers economic strikes against Nigeria. Discover why China is taking Nigeria's side in this escalating diplomatic clash.
Africa: 4th Largest Economy by 2050 Says WTO
Groundbreaking WTO analysis projects Africa's economic rise to global top four within decades, driven by population growth and strategic investments.
German Factory Orders Decline in June 2024
Germany's factory orders unexpectedly fell in June 2024, raising concerns about Europe's largest economy. Latest data shows manufacturing sector struggles continue.
Naira Stages Impressive Comeback Against Dollar
Nigeria's currency shows remarkable strength with improved FX liquidity and growing reserves, signaling positive economic turnaround.
Naira Rebounds Against Dollar Amid Trump Election Concerns
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
Nigeria's Football Passion Creates Business Opportunities
Discover how Nigeria's deep love for football is transforming into economic empowerment as local entrepreneurs turn stadium passion into profitable ventures across various sectors.
Primate Ayodele Warns Tinubu: Don't Beg Trump for Money
Renowned cleric Primate Elijah Ayodele issues strong warning to President Tinubu against seeking financial aid from Donald Trump, predicting severe economic consequences for Nigeria.
Tinubu Seeks Senate Approval for ₦15.4 Trillion Loan
President Bola Tinubu has formally requested Senate approval for a ₦15.4 trillion loan facility to address critical infrastructure gaps and economic challenges. Get the full details on this major financial move.
Nigerians Maintain Faith in President Tinubu
Amid economic reforms and national challenges, President Bola Tinubu maintains significant public confidence as Nigerians recognize the necessity of difficult decisions for long-term prosperity.
Tinubu Seeks Senate Approval for ₦1.15tr Borrowing
President Bola Tinubu requests Senate approval for ₦1.15 trillion domestic borrowing to fund infrastructure projects and economic development initiatives across Nigeria.
Naira Crashes, Stocks Drop After Trump Victory
Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.
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