FG’s crude export earnings dip 14% to $31.54bn in 2025 — CBN
By Ediri Ejoh The Federal Government’s (FG) crude oil export earnings fell 14.41 percent to $31.54 billion in 2025 from $36.85 billion recorded in the corresponding period of 2024. The drop was attributed to lower international crude oil prices arising from a global supply glut in the review period. The Central Bank of Nigeria, CBN, made […]
Nigerian phone market not saturated yet —Olukotun
Nigeria is still an emerging market and the market is far from being saturated. We presently have 4 major GSM network carriers in Nigeria and one strong CDMA network. Feature phone users versus Smartphone users on each of this network are 80 – 20 per cent. We have over 110 million telephone users in Nigeria, according to statistics from Nigeria Communications Commission, NCC.
My ultimate goal is to go into manufacturing —Nzube Odina
“I thought about what everybody needs everyday, something that people will always want, that you don’t necessarily have to go begging people to buy. “I narrowed it down to food because I believe that food is very important, everybody needs food. So I did a Google search on companies that are doing well in food with whom we would partner and start distributing their products for a start.
IGI’s new MD to restructure operations, reposition firm
The newly appointed Group Managing Director of Industrial and General Insurance Plc, (IGI), Mr. Rotimi Fashola has said that he has concluded plans to restructure its operations and repositioning the entire organisation for optimum performance for the benefit of its investors and all stakeholders. Fashola disclosed this when the company hosted the February edition of Members Evening of the Nigerian Council of Registered Insurance Brokers (NCRIB) in Lagos.
Relationship marketing: Between experience & customized Coke
The adage “the Customer is king” has never been closer to reality than in today’s marketplace where the consumer does not only exercise choice among competing brand offerings but does define and even dictate the offerings. Today’s consumers want more than the functional satisfaction of a product or an informative and interesting advertisement.
Lafarge, Shelter Afrique seal affordable housing deal
Lafarge Africa Plc has signed a Memorandum of Understanding (MoU) with Shelter Afrique, a pan-African housing and development institution, for the purpose of facilitating access to affordable housing for low income earners in Nigeria. The agreement which will commence with the development of identified sites at the Federal Capital Territory, Abuja, will be for an initial period of four years. The development is meant to boost housing stocks for the middle and low-income classes of Nigerians.
