80% of MSMEs Shut Out of Credit Despite New Guarantee Scheme
Over 80 percent of Nigeria’s micro, small, and medium enterprises (MSMEs) lack access to formal credit, largely due to the high cost of borrowing, stringent collateral requirements, and…
Over 80 percent of Nigeria’s micro, small, and medium enterprises (MSMEs) lack access to formal credit, largely due to the high cost of borrowing, stringent collateral requirements, and…
Nigeria’s agricultural sector has seen a modest rebound in its contribution to the nation’s Gross Domestic Product (GDP), accounting for 23.33% of total output in the first quarter…
Social activist and influencer known as VeryDarkMan (VDM) has unveiled an expansive new office space for his Martins Vincent Otse Initiative, igniting fresh debate over the source of…
The National Bureau of Statistics (NBS) is set to publish Nigeria’s newly rebased Gross Domestic Product (GDP) figures before the end of the month, offering a more accurate…
Akwa Ibom State, the Nigerian National Petroleum Company Limited (NNPCL), and the Gas Aggregator Company of Nigeria (GACN) have finalized a momentous $3.5 billion Memorandum of Understanding to drive domestic…
A 48-member African business delegation leveraged the China–Africa Economic and Trade Expo (CAETE) 2025 to deepen trade ties with China, as the announcement of zero-tariff access for African…
Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has announced a massive ₦720 billion investment in Compressed Natural Gas (CNG)-powered trucks. This strategic move is…
Renowned Nigerian billionaire and business mogul, Chief Tayo Amusan, has officially completed his state-of-the-art multi-million-dollar arena in Lagos, marking a significant milestone in Nigeria’s entertainment and real estate…
The United States government has announced plans to prioritize commercial investment collaborations with Nigeria as part of a strategic economic realignment in Africa. This new direction emerged from…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to commence real-time tracking of crude oil cargoes from production fields to export terminals in a bid to…