Nigeria’s 2025 Tax Act, effective January 1, 2026, will impose a 20 percent tax on expatriates earning over $521 monthly, replacing outda...

Nigeria’s industrial sector is facing challenges, with manufacturers paying higher value-added taxes in 2024 than in the past five years,...

Chowdeck , a Lagos-based food delivery startup that has stayed profitable in a  notoriously tough and low-margin market , has raised $9 mill...

In a country where policy reversals and implementation lapses often stifle industrial growth, Nigeria’s palm oil sector stands out as a case...

Supporters say the initiative represents a bold step toward economic self-reliance. The government states that the policy will be support...

Nigeria became a partner country of the BRICS economic bloc in January 2025. While it doesn't have the same decision-making power as ...

  One of Nigeria's wealthiest businessmen, Aminu Dantata, is set to be buried in Saudi Arabia later after he died on Saturday in the Uni...

LAGOS (Reuters) -Nigerian billionaire Aliko Dangote said on Thursday he was "comfortable" with the impact President Donald Trump...

French food giant Danone is doubling down on its plans to invest in Nigeria, even as other multinationals have pulled out of the continent’s...

Nigeria is under pressure to diversify its trade partners after the U.S. announced a potential 14 percent tariff on its exports. Manufact...

Unilever Nigeria reported a Q1 profit of $6.7 million, a 65 percent increase. This surge was primarily driven by strong sales in its food...

  The President/CEO of Dangote Group, among other industry executives, had on Wednesday, been invited to join the World Bank's Private S...

The United States President, Donald Trump, Wednesday enacted sweeping new tariffs in a move that could escalate trade tensions globally at w...

The company says growth in its food and personal care segments helped fuel the profits. However, Unilever remains cautious about macroeco...

The citizenship by investment program will allow foreign investors to obtain Nigerian nationality in exchange for significant economic contr...

Visa has announced an investment into the construction of a state-of-the-art data center in Nigeria. This was revealed by Visa’s regional pr...

A farm is turning scorpion venom into a lucrative business in Lagos, Nigeria. With over 10,000 scorpions, farmers extract the highly valu...

Lagos businesswoman Ifunanya Nwakwudo creates durable and stylish crochet footwear. Her creations helped her start a small business. CGTN

Nigerians shift away from cable television Rising subscription fees make it increasingly expensive for consumers to stay connected to cab...

The Federal Competition and Consumer Protection Commission (FCCPC) of Nigeria has initiated legal proceedings against MultiChoice Nigeria Li...