N7.6 Trillion Lost to Trade Corridor Extortion Yearly
Shocking investigation reveals sophisticated extortion networks draining Nigeria's economy through ports and trade routes, with devastating impact on businesses and consumers.
Category : Business
Lagos Blue Economy Strategy: Unlock Nigeria's Maritime Wealth
Experts reveal how adopting Lagos State's comprehensive blue economy framework could unlock Nigeria's massive maritime potential and transform coastal communities.
SIFAX ICT Expands Maritime Infrastructure for Green Operations
SIFAX ICT unveils major infrastructure expansion enabling direct vessel calls and eco-friendly port operations, positioning Nigeria for maritime digital transformation.
MWUN Pushes for Strict Safety Rules in Nigerian Ports
Maritime Workers Union of Nigeria pushes for stricter safety enforcement and modern equipment to protect dockworkers and improve port operations across Nigerian seaports.
Airtel Africa Profit Soars to $376M on Data Surge
Airtel Africa reports impressive 11% subscriber growth and $376 million profit, driven by massive data consumption increases across its African markets.
Nigeria's Aviation Paradox: Potential vs Poor Connectivity
Despite being Africa's most populous nation with enormous aviation potential, Nigeria ranks among the world's least connected countries by air. Discover the challenges holding back Nigeria's aviation sector and the opportunities waiting to be unlocked.
Cross River Pledges Major Boost for Sports Tourism
Governor Bassey Otu announces ambitious plans to transform Cross River into Nigeria's premier sports tourism destination, focusing on infrastructure and international events.
US Fed Signals Rate Cuts: Impact on Nigeria's Economy
The US Federal Reserve is preparing for interest rate reductions in its final 2024 meeting, setting the stage for economic shifts that could impact Nigeria's markets and inflation trends in 2025.
Venezuelan Oil Ships Dodge Drug Boats in Caribbean
Exclusive report reveals how Venezuelan oil tankers navigate through dangerous Caribbean waters filled with drug trafficking vessels while maintaining crucial energy exports.
Sanusi: Delayed Subsidy Removal Caused Economic Crisis
Former CBN Governor Lamido Sanusi exposes how postponed fuel subsidy elimination triggered Nigeria's current economic hardship during Kaduna book launch.
Nigeria's Metering Crisis: 100K vs 7M Target
Nigeria faces a massive electricity metering gap with only 100,000 meters installed against a 7 million target. Minister Adebayo Adelabu's ambitious plan aims to transform the power sector amid growing consumer frustration.
ESG Compliance: New Funding Path for Nigerian MSMEs
Discover how Nigerian small businesses are leveraging Environmental, Social, and Governance standards to access better funding opportunities and gain competitive advantage.
NGX Loses N91bn as Investors Cash Out
The Nigerian Exchange witnessed significant profit-taking activities this week, resulting in a staggering N91 billion decline in market capitalization amid mixed trading sessions.
Judiciary Key to Nigeria's Tax Clarity - FIRS
FIRS Chairman Zacch Adedeji emphasizes judicial insight as crucial for resolving tax disputes and attracting foreign investment to Nigeria's economy.
Nigeria Needs Supportive Regulators for Treasury Excellence
Financial experts reveal how supportive regulators could transform Nigeria's treasury management landscape, driving economic growth and attracting crucial investments.
FirstBank Redeems $350M Eurobond, Shows Financial Strength
Nigeria's premier banking institution, FirstBank, has successfully redeemed its $350 million Eurobond, demonstrating robust financial health and reinforcing investor confidence in the Nigerian banking sector.
NB Hits ₦1.04 Trillion Revenue in 9 Months
Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.
Apple Reaches $4 Trillion - Makes Stock Market History
Apple makes history as the first company to hit $4 trillion market value, joining Microsoft and Nvidia in the elite trillion-dollar club. Discover how this achievement is reshaping the tech landscape.
21 Nigerian States Rely on FAAC for 70%+ Revenue
New fiscal data reveals alarming dependency on FAAC allocations across 21 Nigerian states, raising concerns about economic sustainability and governance.
Nigeria Exports Solar Panels to Ghana
Nigeria achieves groundbreaking milestone in renewable energy sector as Minister of Power Adebayo Adelabu announces successful solar panel exports to Ghana, marking new era of regional energy collaboration.
Nigeria Finds Its Voice: Kebede Leads Sustainable Africa Push
Ethiopian visionary Gerishon Kebede leads groundbreaking initiative positioning Nigeria at the forefront of Africa's sustainable development movement, challenging global narratives.
Court Freezes Nestoil Assets in $1B Debt Case
Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.
16 Vessels with Petroleum Set for Lagos Ports Arrival
Significant economic boost expected as 16 vessels carrying petroleum products, general cargo, and containers prepare to dock at Lagos ports this week, enhancing Nigeria's supply chain.
Nigeria Aims for $1 Trillion Economy by 2030
Nigeria's Minister of Budget and Economic Planning, Abubakar Bagudu, has unveiled an ambitious roadmap to transform the nation into a $1 trillion economy by 2030 during high-level talks with European Union ambassadors in Abuja.
Apple to Pay French Operators €39M Over iPhone Sales
French court orders Apple to compensate major telecom operators for unfair iPhone sales terms that hurt competition in the French market.
Nigeria Stock Market Loses ₦90B in Single Day
Nigeria's equity market extends losing streak as investors watch ₦90 billion vanish in Tuesday's trading session. Key stocks plunge amid sustained bearish pressure.
New GSM Operator Launches Nationwide Service in Nigeria
Nigeria's telecommunications sector welcomes a new player as the latest GSM operator announces nationwide rollout with competitive tariffs and enhanced connectivity.
Tenant shocked by eviction notice over unwashed plate
A Nigerian tenant shares his shocking experience after receiving an eviction notice from his landlord for leaving one unwashed plate in the kitchen sink. The viral story has sparked nationwide debate about tenant rights and landlord expectations.
Stock Market Boom: Why Records Are Breaking Worldwide
Discover the surprising reasons behind global stock market surges and what it means for Nigeria's economy and investors in 2024.
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