Business

Nigeria’s import market in the third quarter of 2025 remained strongly focused on a small group of global partners.  Total imports for the quarter reached N161.23 trillion, showing how much Nigeria still relies on foreign goods due to weak local manufacturing and growing domestic demand. According to the National Bureau…

Nigeria’s inflation rate slowed to 14.45% in November 2025, down from 16.05% in October, marking the eighth straight month of disinflation, according to the National Bureau of Statistics.  This easing has important effects for investors in both stocks and fixed-income securities. The impact of inflation on fixed income Lower inflation…

You’re trying to pay for something online, and the page keeps spinning. You’re filling out a form, and it errors out for the third time. You’re on a customer service chat, and the agent seems to have no record of your previous calls. For years, companies have relied on lagging…

Microsoft says its partnership with the Federal Government has trained more than four million Nigerians in digital skills since 2021. The update was announced on Tuesday in Lagos by Nonye Ujam, Director for Government Affairs at Microsoft West Africa, during a media roundtable. Ujam said 350,000 people have taken part…

Transcorp Hotels Plc has announced the appointment of Dr. Awele Elumelu as the new chairperson of its board. The appointment will take effect from January 1, 2026. The company, which operates as the hospitality arm of Transnational Corporation Plc, said Dr. Elumelu will take over from the current board chair,…