Business & Economy

By Nicholas Dechi The Benue Commissioner for Lands and Survey, Dr Frederick Ikyaan, says that the state government acquired vast land to establish an export and import processing zone. Ikyaan made the disclosure on Thursday in Makurdi when he received the

A catastrophic poverty crisis engulfs Nigeria as a staggering 139 million citizens languish in poverty despite the government’s high-octane economic reforms and fleeting macroeconomic stability. The World Bank’s Nigeria Country Director, Mathew Verghis, has blasted a dire warning that Nigeria risks

In September 2025, businesses in Nigeria sustained a positive trajectory, with the Current Business Performance remaining in the expansion region since December 2024. The NESG–Stanbic IBTC Business Confidence Monitor (BCM) reported a marginal rise to 107.9 points, up from 107.3 in August

By Funmilayo Adeyemi The Federal Government has announced sweeping reforms to modernise agricultural education as part of efforts to strengthen food security and create employment opportunities for young Nigerians. This is contained in a statement on Sunday in Abuja by the Director

By Vivian Emoni The Abuja Chambers of Commerce and Industry (ACCI) has urged investors, entrepreneurs and other business communities to partner with the Yobe state Government to boost the economy. Mr Agabaidu Jideani, Director-General, ACCI said this at the state’s Special Day

Households across Lagos are facing a sudden and severe squeeze on domestic energy as cooking gas grows scarce and increasingly expensive. What sold for ₦1,000–₦1,030 per kilogram just weeks ago now costs between ₦1,400 and ₦1,700 in different parts of the city,

World Trade Organisation (WTO), and the World Bank,  have warned that Nigeria’s weak infrastructure and regulatory gaps could prevent the country from unlocking the potential of the billion dollar digital economy. According to them, weak broadband infrastructure and regulatory gaps may

The Nigerian National Petroleum Company Limited (NNPCL) has revealed that the recent strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) caused a 16 per cent decline in the nation’s crude oil production. NNPCL, in a statement on