Nigeria’s manufacturing GDP (gross domestic product) has been rising noticeably. Manufacturing contributed significantly to the GDP in the third quarter of 2023, up from 1,528,005.55 NGN million in the second quarter to 1,636,751.87 NGN million. […]
Nigeria experienced a dramatic shift in its economic environment in the third quarter of 2023, which was typified by an astounding increase in overall merchandise trade. With a total trade value of ₦18,804.29 billion, exports […]
Nigeria holds a reputation for it’s vibrant economic terrane, and is one of the major economic powers in Africa. Its wealth is found in the many resources that each region contributes as well as the […]
Nigeria is the continent’s most populous country, nonetheless a sizable section of its population faces a fundamental challenge: a lack of access to energy. Recognizing the critical need of solving this widespread issue, the International […]
The operating landscape of Primary Health Centers (PHCs), where the provision of quality healthcare services is crucial, is distinguished by a delicate balance between labor and energy use. Energy costs emerge as the second-highest determinant […]
The green energy sector in Nigeria holds immense promise and abundant opportunities. Nigeria’s rich natural resources, encompassing solar, wind, hydro, and biomass, lay a solid groundwork for the expansion of renewable energy. Solar energy, in […]
Nigeria is predicted to have a 17 million-unit housing shortfall. According to Business Day data, Nigeria has one of the lowest home ownership rates in Africa, with roughly 25% of the population owning a home, […]
Food security is a fundamental concern for any nation, ensuring that its citizens have consistent access to safe, nutritious, and sufficient food. In Nigeria, however, the specter of food insecurity looms large. With over 24.9 […]
In an earlier article titled ‘Governmental Policies that Boost Your Business: Tax Incentives and Grants’ our focus was on Pioneer Status Incentive (PSI) and Capital Gains Tax Exemptions, incentives provided by the Nigerian government. The […]
The Nigerian government has implemented several policies aimed at promoting business growth, attracting investments, and fostering economic development. Among these policies, tax incentives and grants play a vital role in encouraging entrepreneurship, supporting small and […]
