Over 300 Nigerian AI startups are training large language models and running inference workloads in data centres thousands of miles away in Europe and the United States, a costly detour driven by the country’s chronic lack of AI-ready infrastructure....

The Lagos State government has unveiled its transport policies designed to reduce the logistics pressure on roads and improve the ease of doing business. However, it said it needs industries to fund it....

In 2024, Dangote Cement stood out as Nigeria’s largest publicly listed employer, with 21,639 workers on its payroll. Backed by N5.74 trillion in total assets, the cement giant effectively operated with one employee for every N377 million in assets. This r...

At 30 percent, Nigeria’s company income tax (CIT) stands well above the global average statutory corporate tax rate of about 23.5 percent, raising fresh concerns about competitiveness at a time the country is aggressively pursuing foreign investment....

The manufacturing sector is central to the country’s economic prospects but remains notably underpowered. Although it has the potential to generate employment, boost exports, and drive structural change, its growth has been sluggish...

Cadbury Nigeria Plc’s cocoa export revenue fell by more than half between January to September this year, underscoring the pressure Nigeria’s manufacturers face as currency volatility, logistics costs, and weaker demand squeeze overseas sales....

Nigeria will sit as a member of the International Maritime Organisation (IMO) Council in 2026 for the first time since it left in 2011....

Nigeria is a country of constant activity, but its economy appears sluggish, remaining outside the top fifty globally. The country has experienced periods of steady growth, and its people work hard, but that effort isn’t translating into real progress for...