Jumia celebrates 13 years of e-commerce innovation, impact in Nigeria
Jumia, Africa’s leading e-commerce platform, proudly marks 13 years of transforming the shopping experience for Nigerians. Since its launch in 2012, Jumia has transcended its initial role as an online…
Dangote: Nigerians pay 55% less for petrol than neighbours
Aliko Dangote, President of the Dangote Group, emphasized the significant advantages of local petroleum refining during the visit of Omar Touray, President of the Economic Community of West African States…
Moody’s upgrades Nigeria’s credit rating: Tinubu calls it a ‘positive signal for investors’
In a major development for Nigeria's economy, Moody's Investors Service has upgraded the country's long-term foreign-currency issuer rating from Caa1 to B3, now with a Stable Outlook. This update has…
22-year-old CEO secures $1.2m contract to protect hydropower plants from bandits
A groundbreaking achievement has been made by Terrahaptix, a Nigerian autonomous systems startup, as it surpasses an Israeli firm to secure a $1.2 million security contract. The five-year deal, awarded…
Tinubu signs executive order to enhance cost efficiency, attract oil and gas investments
In a bold move to boost the nation’s oil and gas sector, President Bola Ahmed Tinubu has announced the Upstream Petroleum Operations Cost Efficiency Incentives Order (2025). This new Executive…
Tinubu launches National Credit Guarantee Company with ₦100bn, appoints Dogara as chair
President Bola Tinubu has officially launched the National Credit Guarantee Company (NCGC) with an initial capital of N100 billion, aiming to transform access to finance for micro, small, and medium…
Financial Times: Nigeria’s ‘shock therapy’ economic reforms signal recovery
Two years into the presidency of Bola Ahmed Tinubu, Nigeria is showing early signs of economic recovery after years of stagnation, mismanagement, and insecurity. Though the majority of Nigerians are…
Customs records ₦1.3trn revenue in Q1 2025 amid Tinubu’s reforms
The Nigeria Customs Service (NCS) has achieved a remarkable revenue collection of ₦1.3 trillion in the first quarter of 2025, more than double the ₦600 billion collected during the same…
Otedola sets ambitious investment goals for First HoldCo, eyes ₦320bn boost, lauds Tinubu’s reforms
Femi Otedola, chairman of First HoldCo Plc, announced that his investment in the financial institution is set to reach N320 billion in cash by the upcoming capital raising round. He…
Nigeria’s digital economy booms with $191m FDI, $2bn fibre rollout set for Q4 2025
Nigeria’s digital economy is experiencing unprecedented growth under President Bola Ahmed Tinubu, with foreign direct investment (FDI) in the Communications and Digital Economy sector surging ninefold in the first quarter…