Crypto Takes Center Stage in Black Friday 2024 Shopping Spree
Black Friday 2024 was more than just about long lines and big discounts—it marked a turning point in how people paid for everything from electronics to luxury goods, with cryptocurrency…
Nigeria’s Insurance Industry Sees 72% Growth in Gross Premium Income in Q2 2024
Nigeria’s insurance industry has reported a significant growth of 72% in gross premium income for the second quarter of 2024 (Q2’24), reaching ₦813.1 billion, compared to ₦470.7 billion in the…
Economic Analysts: Naira’s Recent Fluctuations Won’t Lead to Immediate Price Reductions
Economic analysts and business owners have cautioned that the recent fluctuations in the value of the naira against the US dollar will not lead to an immediate reduction in the…
President Tinubu to Present 2025 Budget Proposal to National Assembly on December 17
President Bola Tinubu is set to present the 2025 budget proposals and estimates to a joint session of the National Assembly on Tuesday, December 17. During the presentation, the President…
DBN Partners with French Development Agency to Boost Women-Owned Businesses in Nigeria
The Development Bank of Nigeria (DBN) has signed a €50 million line of credit agreement with the French Development Agency (AFD) to support women-owned businesses across Nigeria. The agreement, signed…
Nigeria Faces Another National Power Grid Collapse, Marking Fourth in Three Months
Nigerians have been plunged into darkness once again following the collapse of the national power grid, marking the first such incident in December 2024. This latest blackout brings the total…
Ghana’s Economic Growth Accelerates to Fastest Pace in Almost Five Years
Ghana’s economy has experienced a remarkable acceleration, with Gross Domestic Product (GDP) growing by 7.2% in the third quarter of 2024 compared to the same period last year. This marks…
Oil and Gas Sector May Attract More Investments in 2025, Experts Predict
Experts are optimistic that Nigeria’s oil and gas sector will draw more Foreign Direct Investment (FDI) in 2025, fueled by recent reforms and increased stability in the Niger Delta. FDI…
Federal Government’s Digital Tax Expansion Expected to Raise N230 Billion by 2025
The Nigerian federal government’s expansion of the digital tax net is projected to generate N230 billion in revenue by 2025, representing a 31.35% increase from the N175 billion target set…
Eleven-Year Metering Gap Persists Despite Government’s N335 Billion Investment
Victor Uchenna, a barbershop owner in Lagos, faces a frustrating monthly reality: inflated electricity bills. Despite limited access to electricity in his shop, Uchenna often receives bills exceeding N75,000, and…