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Nigeria’s competitiveness has reached a 25-year high due to the naira devaluation, leading to a record trade surplus of N16.9 trillion in 2024. Despite improved balance of payments and fiscal …
Nigeria Achieves 25-Year High Competitiveness Amid Naira Devaluation Read More
The trade and manufacturing sectors of Nigeria have indicated improved business activities in February 2025, according to the NESG-Stanbic IBTC Business Confidence Monitor. The Current Business Index rose significantly, with …
Trade and Manufacturing Sectors Propel Nigerian Business Activities in February Read More
Transnational Corporation Nigeria reported a 189% profit increase, reaching N94.08 billion in 2024. Revenue doubled to N407.91 billion, driven by robust sector growth. The company also declared a dividend of …
Transcorp Nigeria Reports Significant Profit Surge and Robust Growth Read More
Brazil’s economy grew by 3.4% in 2024, achieving the largest expansion since 2021. The GDP reached BRL 11.7 trillion (USD 2 trillion), with notable growth in the services and industrial …
Brazil’s Economy Grows 3.4% in 2024, Marking a Historic Recovery Read More
Nigeria’s Eurobond market closed February positively with average yields at 8.80%, reflecting strong foreign investor confidence. The Sub-Saharan market showed an overall decline, with Nigeria outperforming at this yield. Analysts …
Nigerian Eurobonds Experience February Rally Fueled by Foreign Investor Confidence Read More
Nigeria, alongside nine other African countries, accounts for 69% of the continent’s external debt, as reported by Afreximbank. The report highlights rising debt levels spurred by underdeveloped financial markets and …
Nigeria and Nine Others Contribute to 69% of Africa’s External Debt, Reports Afreximbank Read More
Nigeria’s GDP has grown to 3.40 percent, yet this remains insufficient for its large population. A significant nominal loss in GDP highlights currency issues. Key strategies for growth include increasing …
Five Strategies for Boosting Nigeria’s GDP Growth Beyond 3% by 2025 Read More
Transsion has emerged as the world’s fourth-largest smartphone seller with a nine percent global market share in 2024. The company, which produces Tecno, Infinix, and Itel devices, has recorded a …
How Transsion Became the World’s Fourth Largest Smartphone Seller Read More
Nigeria’s FAAC distributed 1.7 trillion naira in January 2025 to all government tiers. Access Bank analysts foresee improved market liquidity due to this allocation, with declining yields on treasury bills. …
Nigeria’s FAAC Distributes 1.7 Trillion Naira Revenue in January 2025 Read More
Nestlé Nigeria Plc experienced a 107% increase in net loss for 2024, reaching N164.595 billion, despite a 75% rise in revenue to N958.814 billion. Rising costs of sales and high …
Nestlé Nigeria Reports 107% Increase in Net Loss for 2024 Read More