Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
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Fitch revises Nigeria’s outlook to positive, affirms ‘B’ rating
By Emma Ujah, Abuja Bureau Chief Fitch Ratings has revised Nigeria’s Long-Term Issuer Default Ratings outlook from Stable to Positive,…
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Fitch upgrades Nigeria’s outlook to positive, affirms ‘B’ rating
The Federal Government of Nigeria has welcomed Fitch Ratings’ decision to revise the country’s economic outlook from stable to positive,…
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Recapitalisation: Labour Ministry charges banks to protect workers
By Victor Ahiuma-Young and Omotola Aremo The Federal Ministry of Labour and Employment has urged banks and insurance companies to…
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Nigeria’s economy to grow at 4.3% in 2026 —World Bank
Nigeria’s economy is projected to grow by 4.3 percent in 2026 and to maintain an average growth rate of 4.4…
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NDIC pays N1.48bn to 10,312 depositors of 47 closed MFBs
NDIC Disburses N1.48 Billion to Microfinance Depositors By Emma Ujah, Abuja Bureau Chief The Nigeria Deposit Insurance Corporation (NDIC) has…
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Nigeria’ll not be Africa’s warehouse, but Africa’s workshop — Tinubu
Nigeria Aims to Become Africa’s Industrial Hub, Tinubu Declares By Yinka Kolawole LAGOS—President Bola Tinubu announced Nigeria’s commitment to transforming…
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NESG pushes states to drive economic growth, development
Nigerian Economic Summit Group Calls for State Leadership in Economic Growth The Nigerian Economic Summit Group (NESG) has urged state…
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Reforms: Nigeria on path to sustainable economic growth — CBN
By Obas Esiedesa, Abuja The Central Bank of Nigeria (CBN) announced that the country is progressing toward greater economic stability,…
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Nigeria leads Africa investability gains
Nigeria Rises in Investment Rankings, Surpassing Key African Economies By Yinka Kolawole Nigeria has been recognized as the largest climber…
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Manufacturers deepen local raw materials sourcing, up 11% in 3yrs
By Yinka Kolawole Nigeria’s manufacturing sector has seen a notable increase in the utilization of locally sourced raw materials from…
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