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Billionaire businessman Femi Otedola has further increased his stake in blue-chip companies with a recent acquisition of 5.52% in Transnational Corporation Plc. This acquisition, valued at N2.245 billion, was made...

The Nigeria Sovereign Investment Authority (NSIA) has reported impressive results for 2022, generating over 245,000 direct and 315,300 indirect jobs, and achieving a 10.5% growth in assets. Despite facing economic...

Textile imports into Nigeria have reached a 15-year high, doubling in just two years, despite efforts by the federal government to revive local production. Data from the National Bureau of...