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Is Nigeria economically broke? Challenges and opportunities in Africa’s largest economy

By Blaise Udunze Is Nigeria, Africa’s largest economy, economically broke? It is a question no patriotic citizen wants to confront, yet one that...

BusinessForeign News

What Trump’s redesignation of Nigeria as Country of Particular Concern means for economy

By Joan Chioma Obinagwam  United States (U.S.) President Donald Trump on October 31, 2025, redesignated Nigeria as a “Country of Particular Concern” (CPC)...

BusinessNews

‎Kalu Aja simplifies Nigeria’s tax reform: What you need to know 

‎By Chioma Obinagwam ‎On June 26, 2025, President Bola Ahmed Tinubu signed four transformative tax reform bills into law, marking Nigeria’s most significant...

BusinessNews

‎CBN Governor, Soyinka Join Brazil-Nigeria heritage dialogue

‎By Chioma Obinagwam ‎The Legislative Chamber in Brazil hosted a landmark event on Monday, celebrating the deep historical and cultural ties between Brazil...

BusinessNews

‎Experts press for reforms as Nigeria’s gas sector battles structural hurdles

By Chioma Obinagwam ‎At the 4th Oriental News conference in Lagos on July 24, 2025, themed “Integrating Nigeria’s Gas Potentials into Strategic Energy...

BusinessNews

Why Nigeria’s GDP hit N372.82trn in 2024

By Chioma Obinagwam ‎The National Bureau of Statistics (NBS) has released rebased Gross Domestic Product (GDP) figures for Nigeria, using 2019 as the...

BusinessNews

‎What 121.97% oversubscription says about Stanbic IBTC’s market appeal

‎By Chioma Obinagwam ‎Stanbic IBTC Holdings Plc’s recent N148.7 billion Rights Issue, which raised N181.4 billion, achieved a remarkable 121.97% oversubscription, reflecting robust...

BusinessNews

IMF endorses Nigeria’s reform path as recovery deepens

By Joan Chioma Obinagwam The International Monetary Fund’s (IMF) latest Article IV Consultation highlights a turning point for Nigeria’s economy. Years of instability...

Business

How democracy impacts businesses in Nigeria

Since Nigeria’s transition to democracy in 1999, the business landscape has experienced significant shifts driven by democratic governance. Democracy influences businesses through policy...

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‎Nigeria’s NDIC Gains Tougher Powers to Jail Directors Behind Bank Failures Under New 2023 Law‎

By Chioma Obinagwam ‎The Nigeria Deposit Insurance Corporation (NDIC) has declared that individuals responsible for the collapse of banks can no longer escape...