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...

Femi Kuti is set to release his new album this week. He is known for his critiques of political corruption and social injustice. However,...

The Nigerian government announced a 35 percent reduction in electricity subsidies, following tariff hikes for major consumers implemented...

Nigeria is in the grip of a worsening food crisis. Inflation is crippling farmers and traders, and millions face hunger. Despite a new em...

At just 15 years old, Kaneyachukwu Tagbo Okeke has made history with a painting that spans over 130,000 square feet. Titled “Impossibilit...

Nigeria is turning to its creative industry to drive economic growth and job creation. The sector already contributes $5.6 billion to the...

Boko Haram launched a wave of attacks on military bases in Nigeria's Borno State. Governor Babagana Zulum responded with a call for a...

While the temporary suspension of 14 percent U.S. tariffs offered brief relief, experts warned Nigeria must act fast to negotiate a long-...

Cryptocurrency in Nigeria. CGTN Related stories:  President Tinubu signs law classifying crypto as securities

Nigeria's cocoa industry is booming as prices hit record highs. However, behind the price surge lie challenges and opportunities as f...

According to Nigerian government data, less than 10 percent of land is officially documented, leaving millions of landowners without gove...

According to industry experts, achieving this ambitious goal requires over $6.25 billion annually, a target hindered by a struggling loca...

Authorities canceled the event for the second consecutive year due to security concerns. CGTN

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

Experts attribute the decline in food prices to enhanced security for farmers in rural areas. While this reduction offers some relief in ...

Chronic kidney disease affects 15 percent of Nigeria's population, with an estimated 45,000 deaths annually due to kidney failure. A ...

Nigeria and China have maintained a strong trade relationship, with transactions surpassing $21 billion in 2024. While China recently gra...

Nigeria spent $9.64 billion on petrol imports in 2024, a 105 percent increase from 2023. This sharp rise underscores the country’s contin...

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

Achieving this goal will require significant policy changes, private-sector expansion, and increased investment in key sectors. Experts w...