Economy

Major Nigerian Firms: Dangote, NNPCL; Bypass National Grid, Generating 6,500MW Amidst Power Instability

In response to Nigeria's persistent power supply challenges, approximately 250 major manufacturers and academic institutions have opted out of the national grid, choosing instead...

5 Strategies for Nigerian SMEs to Leverage Technology for Growth and Competitiveness

Small and Medium-sized Enterprises (SMEs) are the backbone of Nigeria's economy, contributing significantly to employment and GDP. In an increasingly digital world, leveraging technology...

Nigeria’s 2025 Budget Allocates N2.49 Trillion to Regional Development Commissions, Sparking Transparency and Equity Concerns

In the proposed 2025 budget, the Federal Government of Nigeria has earmarked N2.49 trillion for regional development commissions, aiming to address the unique challenges...

Global Oil Prices Surge Above $81 Following U.S. Sanctions on Russian Energy Sector

In a significant geopolitical development, global oil prices have surged past $81 per barrel following the United States' imposition of comprehensive sanctions on Russia's...

CBN Unveils Innovative Accounts to Lure Nigerian Diaspora Investments, Boosting Economic Growth

The Central Bank of Nigeria (CBN) has launched a novel initiative aimed at attracting investments from the Nigerian diaspora community. This strategic move is...

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