The Vice President of the World Trade Center (WTC) Abuja, Mr Karim Ahmed, has highlighted the need for businesses to adopt innovative solutions to overcome challenging economic situations in Nigeria. Speaking at the WTC's end-of-year business and networking cocktail, Mr...
The Lagos Chamber of Commerce and Industry (LCCI) and the Nigeria Employers’ Consultative Association (NECA) have slammed the Federal Government for failing to create a conducive business environment, leading to the departures of companies like Procter & Gamble (P&G),...
Flutterwave, the prominent African fintech specializing in payments, has revealed its acquisition of payment licenses for 13 US states. This move is seen by experts as a strategic step towards the company's ambition to dominate the African remittance market. Remittance...
As the cost of living continues to soar in Nigeria, citizens are tightening their belts and cutting back on non-essential purchases. This shift in consumer behavior is having a significant impact on the retail sector, which is already struggling...
Experts in various sectors of the Nigerian economy have emphasized the urgent need for the country to develop a thriving and continentally competitive economy to ensure its success in the era of the African Continental Free Trade Agreement (AfCFTA)....
The Lagos Chamber of Commerce and Industry (LCCI) has stated that the macroeconomic projections in the Federal Government’s (FG) Medium Term Expenditure Framework (MTEF) are not sufficient to achieve the $1 trillion economy target it set to achieve by...
Experts have issued an urgent call for the Federal Government to prioritize Nigeria's overlooked logistics, courier, and transport sector, a behemoth with a valuation exceeding N3tn. This call to action echoed during the Courier and Logistics Management Institute (CLMI)...
Airtel Africa Plc has announced the launch of an international remittance service through its subsidiary, Smartcash PSB. This new service is designed to enhance financial inclusion and provide a more convenient and affordable way for people to send and...
The Federal Government's monetary reforms through the Central Bank of Nigeria (CBN) have been met with optimism from investors, who believe that the economy will regain its balance given adequate time, says SBG Securities, a member of Standard Bank...
Global investment banks have painted a mixed picture of the global economy in 2024, with some expressing optimism while others caution against potential headwinds. Goldman Sachs, JP Morgan, BlackRock, and UBS are among the major financial institutions that have...