Consumer credit in Nigeria reached N2.35 trillion in the first quarter of 2023, a 20.95% increase from N1.94 trillion in Q4 2021, according to new… Read More »Fintech Loans Drive Consumer Credit to N2.35 Trillion in Q1 2023, Says CBN Report
The book publishing industry in Nigeria has seen rapid growth and evolution over the past decade. While Nigerians have always had a rich literary culture,… Read More »The Business Side of Writing and Publishing Books in Nigeria
Lagos, Nigeria – The growth of Nigeria’s Bank Verification Number (BVN) database has slowed significantly this year, registering only 2.2 million new signups since January.… Read More »BVN Registrations Slow Despite CBN Threats to Close Unlinked Accounts
Abuja, Nigeria – In a major step toward curbing gas flaring, the Nigerian government has granted licenses to 42 companies to capture and monetize gas… Read More »Nigeria Awards 42 Firms Licenses to Harness Wasted Gas from Oil Fields
Abuja, Nigeria – The Central Bank of Nigeria (CBN) has refuted online rumours that it plans to strengthen the naira to N1.25 to the US… Read More »CBN Dismisses Rumours of Drastic Naira Revaluation
Baghdad, September 1960 – Five nations came together and changed the course of oil history. Representatives from Iran, Iraq, Kuwait, Saudi Arabia and Venezuela gathered… Read More »OPEC Turns 63 – A Milestone Marking Cooperation and Market Stability
The standardized test preparation industry in Nigeria is experiencing rapid growth fuelled by the increasing competition to gain admission into the country’s most prestigious secondary… Read More »Starting a Standardized Test Prep Business in Nigeria: A Step-by-Step Guide
The educational toys market in Nigeria is growing rapidly driven by increasing awareness of the benefits of educational toys among parents seeking to give their… Read More »Starting an Educational Toy Business in Nigeria: A Beginner’s Guide
The online training industry in Nigeria is booming. With increased internet penetration and the adoption of digital skills, more people are turning to online courses… Read More »How to Start a Profitable Online Training Business in Nigeria
Nigeria’s gross foreign reserves declined to $33.2 billion as of September 11, down from $33.95 billion at the end of August, the Central Bank of… Read More »Nigeria’s Foreign Reserves Drop to $33.2 Billion, Extending Decline