Business

How Nigerians Are Landing Jobs With Global Companies

How Nigerian Professionals Are Landing Jobs With International Companies

Business /

For years, working for an international company was a dream that often required relocation. Nigerians seeking global opportunities typically had to secure visas, move abroad, and start a new life in another country. Today, that reality is changing. Thanks to remote work, digital platforms, and the growing demand for skilled talent worldwide, thousands of Nigerian […]

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Made-in-Nigeria Brands Quietly Winning More Customers

MADE-IN-NIGERIA BRANDS QUIETLY WINNING CUSTOMERS

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As Nigeria continues to face foreign exchange pressures, rising import costs, and shifting consumer preferences, a growing number of local brands are proving that quality products do not always have to come from abroad. Across sectors ranging from food and beverages to personal care and manufacturing, Nigerian companies are increasingly attracting customers who once preferred

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CBN Unveils New FX Rules to Boost Market Confidence

CBN Moves to Restore Confidence in Nigeria’s FX Market

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The Central Bank of Nigeria (CBN) has unveiled a revised Foreign Exchange (FX) Manual aimed at improving transparency, strengthening market discipline, and restoring confidence in Nigeria’s foreign exchange market. The updated framework comes as the country seeks to stabilise economic conditions, attract investment, and address long-standing challenges that have affected the efficiency of foreign exchange

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Cascador Awards $5m to Nigerian Startups

Cascador Awards $5m to Nigerian Startups

Business /

Lagos, Nigeria — Cascador has announced a $5 million funding commitment to a select group of high growth Nigerian startups, in a move aimed at accelerating business expansion, innovation, and long term sustainability across the country’s entrepreneurial ecosystem. Funding to Drive Expansion and Growth The organisation said the support package is designed to help startups

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Dangote Refinery Hits 700,000 Bpd Capacity Milestone

Dangote Refinery Hits 700,000 Bpd Processing Capacity

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Lagos, Nigeria — Dangote Petroleum Refinery has successfully increased its crude oil processing capacity to 700,000 barrels per day (bpd), surpassing its official nameplate capacity of 650,000 bpd and reinforcing its position as the world’s largest single-train refinery. The milestone was achieved during a performance test conducted by the refinery’s process licensors, marking a significant

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Aviation Agencies Face Cash Crunch Over Deductions

Stakeholders Warn Revenue Deductions Could Push Aviation Agencies Into Financial Crisis

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Stakeholders in Nigeria’s aviation industry have raised concerns over continued government deductions from the internally generated revenue of aviation agencies, warning that the policy could push some agencies into serious financial difficulties. Industry operators, unions, and aviation experts say the deductions are reducing the funds available for critical operations, maintenance, infrastructure upgrades, and safety-related activities.

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Unstable Cocoa Prices Raise Fresh Concerns for Farmers

Cocoa Farmers Raise Alarm Over Persistent Price Volatility

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African cocoa farmers have expressed growing concern over persistent fluctuations in global cocoa prices, warning that continued market instability is threatening livelihoods, discouraging investment, and slowing development across the cocoa value chain. The concern was raised by the Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) ahead of the Cocoa & Coffee Fiesta Lagos

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Great Idea, No Money: How Projects Can Still Succeed

Great Idea, No Money: How Good Projects Can Still Become Reality

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Across Nigeria, thousands of promising projects never move beyond the idea stage. Some are community projects. Some are businesses. Others are educational initiatives, technology solutions, agricultural ventures, or infrastructure plans. In many cases, the problem is not a lack of ideas or ambition. The problem is funding. The question many project owners face is simple:

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CBN Scraps Pandemic-Era Dollar Account Restrictions as Forex Liquidity Improves

CBN Scraps Pandemic-Era Dollar Account Restrictions as Forex Liquidity Improves

Business /

The Central Bank of Nigeria (CBN) has removed several foreign exchange restrictions introduced during the COVID-19 pandemic, marking another step in its efforts to improve access to foreign currency and strengthen confidence in Nigeria’s foreign exchange market. The move comes as the apex bank says dollar liquidity has improved significantly, reducing the need for some

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Cross River Targets ₦150bn Agribusiness Investment Deal

Cross River Targets ₦150bn Agribusiness Investment, Secures ₦18bn Produce Offtake Deal

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Cross River State has announced plans to attract ₦150 billion in agribusiness investments over the next six years as part of a broader strategy to transform agriculture into a major driver of economic growth, job creation, and food security. The target was disclosed during a stakeholders’ engagement on Project GROW, an agricultural development initiative aimed

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