Nigeria’s private sector recorded a lift in employment in 2025 as companies added more than 14,000 new jobs despite persistent cost pressures and a challenging operating...
Former Executive Secretary of the Nigerian Shippers’ Council, Hassan Bello, has urged the federal government to allow the private sector to take over the blue economy....
Nigeria’s credit to the private sector has surged by 33.69% year-on-year to N75.48 trillion as of July 2024. This substantial growth comes amid rising money supply...
Nigerian banks have significantly increased their support for the private sector with loans and other forms of credit to the tune of N375.78 trillion in the...
Renowned entrepreneur and philanthropist Tony O. Elumelu recently joined President Bola Ahmed Tinubu for an Iftar ceremony at the Presidential Villa in Abuja. The event, held...
As the Central Bank of Nigeria (CBN) announced a hike in the Monetary Policy Rate (MPR) from 22.75% to 24.75%, concerns have been raised by the...
Private sector credit in Nigeria reached a record N76.94 trillion in January 2024, according to the latest report from the Central Bank of Nigeria (CBN). This...
Nigeria’s private sector has experienced a welcome boost with growth recorded in April, following the easing of the country’s cash crisis. The Purchasing Managers’ Index (PMI)...
This was N6.88 trillion or 19.7% higher than the N34.92 trillion facility offered to the sector in the 2021 financial year.
The Central Bank of Nigeria (CBN) has said credit to the private sector rose to N37.13tn as of April 2022 as banks increase lending to the...