Nigeria records ₦20.59tn non-oil revenues, strongest fiscal performance in years
Nigeria has recorded its strongest fiscal performance in recent history, driven by unprecedented growth in non-oil revenues, according to figures released for the period January to August 2025. Data show…
Tinubu says Nigeria met 2025 revenue target in August, credits non-oil sector
President Bola Tinubu on Tuesday announced that Nigeria achieved its 2025 revenue target in August, attributing the milestone to economic reforms that have strengthened the non-oil sector. Speaking at the…
Nestlé fires CEO over workplace relationship, names replacement
Nestlé has fired its chief executive, Laurent Freixe, after an internal investigation revealed he had an undisclosed romantic relationship with a subordinate — a breach of the company’s code of…
NNPC boss raises alarm: ‘Cabal after my life over oil sector reforms’
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC) Limited, Bayo Ojulari, has alleged that his life and those of his management team are under serious…
Nigeria’s FX reserves hit $41bn, highest in 44 months
Nigeria’s foreign exchange reserves have climbed to $41 billion as of August 19, 2025, marking the country’s strongest external buffer in nearly four years. Data published by the Central Bank…
US concerned about Nigeria’s minimum wage, saying ₦70,000 insufficient after naira devaluation
A recent report from the United States government has highlighted significant challenges surrounding Nigeria’s minimum wage, asserting that the current rate of N70,000 is insufficient to uplift millions of citizens…
T2 launches Nigeria’s first eKYC SIM registration Web App, redefining customer onboarding
T2, Nigeria’s leading digital lifestyle partner, has unveiled the country’s first-ever electronic Know Your Customer (eKYC) SIM Registration Web App—a groundbreaking solution set to transform how SIM registration is carried…
Economic stability doesn’t mean end of hardship, says Yemi Kale
Former Director-General of the National Bureau of Statistics (NBS) and current Group Chief Economist at Afreximbank, Dr. Yemi Kale, has explained that describing an economy as “stable” does not necessarily…
Nigeria’s cocoa exports soar to ₦1.2trn
Nigeria’s cocoa exports surged to N1.2 trillion in the last quarter of 2024, a sharp rise from N171 billion in Q4 2023, according to the Senior Special Assistant to the…
In a bold move, 9mobile rebrands as T2
9mobile, Nigeria’s telecommunications company, has officially rebranded to T2 in a ceremony held on Friday at the Eko Convention Centre in Lagos. During the event, Femi Banigbe, the chief executive…