Nigeria signs $400m steel production deal
Federal Government partners with African Natural Resources and Mines Limited in landmark agreement to boost domestic steel manufacturing and reduce import dependency.
Category : Business
Economic Saboteurs Threaten Dangote Refinery - NAPS
The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.
FIRS Deepens Stakeholder Collaboration on Tax Reforms
Federal Inland Revenue Service intensifies collaboration with key stakeholders to drive comprehensive tax reforms, enhance revenue generation and boost economic development across Nigeria.
Naira Surges: Dollar Crashes to 2025 Low
BREAKING: Nigerian Naira stages dramatic recovery against US Dollar in forex markets. Expert analysis reveals what's driving this unexpected turnaround and what it means for your money.
Nigeria's Geographical Indications: Untapped Goldmine
Discover how Nigeria's unique regional products like Ofada rice and Adire fabric represent an untapped billion-naira opportunity in intellectual property protection.
Zamfara Farmers Get Game-Changing Agricultural Training
Zamfara Local Government Commission launches transformative training program for farmers, focusing on modern techniques to enhance productivity and combat food insecurity in Northwest Nigeria.
FG & Nasarawa Partner for Rural Mini-Grid Electrification
Federal Government collaborates with Nasarawa State to launch groundbreaking rural electrification initiative, bringing reliable power to underserved communities through innovative mini-grid technology.
Get ₦75,000 Cash Transfer from Nigerian Government
Learn step-by-step how to apply for the Federal Government's ₦75,000 cash transfer program. Get all requirements, eligibility criteria and application process explained.
Santander Bank Posts Record €11.1 Billion Profit
Spanish banking giant Santander reports historic €11.1 billion profit for 2023, driven by strong European and American markets. See how this impacts global banking.
BASF Profit Dips 37%, Demands EU Cut Red Tape
German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.
UK removes tariffs on 3000 Nigerian products
In a major trade policy shift, the United Kingdom has eliminated tariffs on approximately 3000 Nigerian export products while Nigeria implements reciprocal import restrictions against the United States, signaling a significant realignment of international
Mercedes Profit Plunge: Nexperia Chips Assured
Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.
Nigeria Must Scale Production to Compete Globally
Groundbreaking analysis shows Nigerian producers must embrace mass production to compete internationally. Discover the strategic roadmap for economic transformation.
Ethiopian Airlines Adds Second Daily Abuja-Addis Flight
Ethiopian Airlines expands its Abuja operations with a second daily flight to Addis Ababa, enhancing connectivity for Nigerian travelers to over 130 international destinations across five continents.
EU & FG Host Manufacturing Investment Forum in Nigeria
European Union partners with Federal Government to launch transformative investment forum targeting Nigeria's manufacturing sector, renewable energy, and emerging technologies.
Africa Set to Dominate Global Carbon Trade Market
Presidential aide Ajuri Ngelale reveals Africa's strategic positioning to capture significant share of $3 trillion global carbon market, emphasizing Nigeria's leadership role in climate action and economic transformation.
Access Holdings Buys National Bank of Kenya for ₦179B
Nigerian financial giant Access Holdings PLC has finalized a historic acquisition of National Bank of Kenya, marking one of Africa's largest cross-border banking transactions worth ₦179 billion.
GSK boosts 2025 forecast amid Nigeria tariff reforms
British drugmaker GSK raises 2025 profit guidance as Nigeria's tariff reforms create favorable market conditions. Discover how this impacts healthcare costs and medicine availability.
Cross River Gets 440kWp Mini-Grid Power Boost
Four communities in Cross River State celebrate reliable electricity as REA's interconnected mini-grid project delivers 440kWp of clean power, transforming lives and boosting local economy.
Agribusiness Revolution: Nigeria's Economic Recovery Blueprint
Federal lawmaker Hon. Eta Mbora reveals how strategic investment in agriculture can transform Nigeria's economy, create millions of jobs, and ensure food security for the nation.
Nigeria's $1 Trillion Economy Target Now Within Reach
Minister of Industry, Trade and Investment Doris Anite announces Nigeria's ambitious $1 trillion economy target is more achievable than ever, citing recent economic reforms and investor confidence.
Mercedes-Benz Profit Dives 30% Amid China Slump
German luxury automaker Mercedes-Benz reports massive profit decline amid Chinese market struggles and new European Union tariffs on electric vehicles.
FG Expands ₦75,000 Cash Transfer to 75M Nigerians
Federal Government intensifies poverty alleviation efforts, extending cash transfers to 75 million Nigerians facing economic challenges. New payment structure and expanded beneficiaries announced.
FG, World Bank Train 300 Youths in Fisheries
In a groundbreaking initiative, the Federal Government partners with World Bank to equip 300 young Nigerians with modern aquaculture skills, creating new opportunities in fisheries and agriculture sectors.
Contractors Threaten Protests Over Unpaid 2024 Projects
Indigenous contractors across Nigeria are threatening nationwide protests as Federal Government fails to pay for completed 2024 projects, creating financial crisis in construction sector.
Equinor's $251M Loss: Nigerian Oil Prices Plunge
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.
Kenya Plane Crash: 11 Dead in Kericho County Tragedy
Devastating aircraft accident in Kenya's Kericho County leaves 11 dead as small plane crashes shortly after takeoff. Emergency services rush to scene.
Asian Markets Join Wall Street's Record Tech Rally
Asian stock markets joined Wall Street's record-breaking rally as technology shares continue their impressive bull run. Discover which markets and tech giants are driving this global surge.
Belgium's Record Potato Harvest Boosts Nigerian Fry Quality
Belgium celebrates its largest potato harvest ever, promising better quality and more affordable fries for Nigerian consumers and businesses. Discover how this European farming success impacts West Africa's favorite snack.
Deutsche Bank Posts Record €5.7 Billion Profit
Germany's banking giant Deutsche Bank reports historic €5.7 billion profit driven by strong trading and investment banking performance in 2023.
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