Nigeria’s Export Growth: Malaysia and Brazil Lead Destination Markets with $2.7 Billion in H1...
Nigeria has seen a significant increase in its export activities, with total exports reaching $2.7 billion in the first half of 2024. This figure...
Wike Hails Idu Industrial Park for Its Job Creation Potential, Economic Impact
Federal Capital Territory (FCT) Minister, Barrister Nyesom Wike, has praised the Idu Industrial Park in Abuja for its impressive capacity to generate up to...
Billionaire’s Wealth Plunges as Parent Company of Popular App Temu Disappoints in Earnings
In a dramatic turn of events, the once-richest person in China, Colin Huang, has seen his net worth plummet by a staggering $14 billion....
Nigerian Cocoa Exports Boom Thanks to High Demand and Weak Naira
Nigeria's cocoa exports skyrocketed by 304% in the first quarter of 2024, driven by two key factors: increased global demand and a weaker Nigerian...
Normalcy Returns at Wuse Market after Hoodlums’ Attack on Management Staff
The busiest market in the Federal Capital Territory (FCT), Wuse Market, returned to its usual bustling activity yesterday following a recent crisis involving an...
Fidson Healthcare’s Share Price Plummets 25% After Disappointing Q2 Results
Fidson Healthcare Plc's stock has fallen to a 52-week low of ₦12.5 per share, marking a 25% decline from its year-end high of ₦17...
Dangote Loses Top Spot as Rupert Becomes Africa’s Richest Man
Johan Rupert, the South African billionaire and chairman of the luxury goods company Richemont, has reclaimed his title as Africa’s richest man. This comes...
MTN Offers Investment Potential Despite Recent Challenges
MTN, a leading telecommunications company in Africa, is presenting a compelling investment opportunity, according to Victor Mupunga, head of research at Old Mutual Wealth...
AMCON Proposes Merging Arik and Aero Contractors to Form National Carrier
The Asset Management Corporation of Nigeria (AMCON) is considering a bold plan to merge Arik Air and Aero Contractors, two struggling airlines, to create...
Nigeria’s Budget Deficit Reaches Alarming Levels
A new report by BudgIT has revealed that the Nigerian government spent three times more than it earned in 2023, resulting in a massive...