Business

All the recent business news in Nigeria, economy and industry updates.

Satellite technology to add $1.8trn to space economy by 2035 – FG

The federal government has said the global space economy had been projected to reach $1.8 trillion by 2035, driven by advances in satellite technology

Over 100 companies to participate in China-Africa Trade Expo

Over 100 companies are expected to participate in the China-Africa Economic and Trade Expo. Organisers of the event announced this on Monday in a stat

Service sector raises GDP by 3.46% in Q3

 Nigeria’s Gross Domestic Product (GDP) growth rate in real terms (Constant price) grew by 3.46% in the third quarter (Q3) of 2024 on a year-on-year b

ECOWAS launches electronic certificate of origin to stimulate $4trn AfCTA trade

The Economic Community of West African States (ECOWAS), has launched an electronic certificate of origin for the seamless movement of goods among memb

‘Tax collection optimisation will help to achieve $1trn economy’

The Lagos State government says there is a need to optimise the tax collection process to be able to achieve the federal government’s $1 trillion econ