Folake Balogun

Inflation is expected to reduce to 27.1 percent in December 2025 driven by the normalisation of petrol prices, improved FX stability...

Some consumer goods firms will take a look at their pricing strategy given the situation of the economy, now pricing has to go with value…

Skyway Aviation Handling Company (SAHCO) has seen its after-tax profit more than double in the nine months of 2024 driven by a 177...

The economy, which was once the largest in Africa following Nigeria's GDP rebasing in 2014, has slipped to fourth behind South Africa, Egypt and Algeria.

It stated this in a report titled ‘Nigeria 2025 Economic Forecast: From Reform Fatigue Quagmire to Sustainable Growth' where it placed the responsibility for returning the economy on the path of recovery on the government.

Some companies relied on imported inputs, which bruised their bottom lines and diminished shareholder returns.

Nigerian governors, as well as the federal government, are waving goodbye to the extra cash unlocked by the sharp depreciation of the naira...

The CBN made this call at the 11th National Economic Outlook: Implications for Businesses in Nigeria 2025, organised by the Chartered Institute of Bankers of Nigeria Centre for Financial Studies in Lagos State.

However, there are indications that the Lagos-based food and beverages firm will report a loss again in the full year of 2024, according to a report by investment and research firm Cardinalstone.

PwC stated this in its outlook report titled ‘Nigeria's 2025 Budget and Economic Outlook' presented at an executive hosted by the tax advisory firm in partnership with BusinessDay on Thursday.