Business development news nigeria

Here are some recent business development news from Nigeria:

  1. Nigeria's economy grows by 2.3% in Q1 2023: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 2.3% in the first quarter of 2023, driven by growth in the services sector. (Source: Vanguard)
  2. Dangote Cement to invest $1.5 billion in new plant: Dangote Cement, one of Nigeria's largest cement producers, has announced plans to invest $1.5 billion in a new cement plant in the country. (Source: This Day)
  3. Nigeria's e-commerce market to reach $12 billion by 2025: A report by ResearchAndMarkets.com has predicted that Nigeria's e-commerce market will reach $12 billion by 2025, driven by growth in online shopping and digital payments. (Source: BusinessDay)
  4. Stanbic IBTC to launch digital banking platform: Stanbic IBTC, a leading financial institution in Nigeria, has announced plans to launch a digital banking platform to provide customers with a more convenient and secure way to manage their finances. (Source: The Guardian)
  5. Nigeria's agricultural sector to receive $1 billion investment: The Nigerian government has announced plans to invest $1 billion in the country's agricultural sector, with a focus on improving infrastructure and increasing productivity. (Source: Premium Times)
  6. MTN Nigeria to launch 5G network: MTN Nigeria, one of the country's largest telecommunications companies, has announced plans to launch a 5G network, which will provide faster and more reliable internet connectivity to customers. (Source: Punch)
  7. Nigeria's fintech sector to reach $10 billion by 2025: A report by PwC has predicted that Nigeria's fintech sector will reach $10 billion by 2025, driven by growth in mobile payments and digital lending. (Source: BusinessDay)
  8. Airtel Nigeria to launch 4G network: Airtel Nigeria, a leading telecommunications company, has announced plans to launch a 4G network, which will provide faster and more reliable internet connectivity to customers. (Source: The Guardian)
  9. Nigeria's oil and gas sector to receive $10 billion investment: The Nigerian government has announced plans to invest $10 billion in the country's oil and gas sector, with a focus on increasing production and improving infrastructure. (Source: Premium Times)
  10. Jumia Nigeria to launch e-commerce platform for small businesses: Jumia Nigeria, a leading e-commerce company, has announced plans to launch an e-commerce platform for small businesses, which will provide them with a platform to sell their products online. (Source: Vanguard)

These are just a few examples of the many business development news stories coming out of Nigeria. The country has a growing economy and a rapidly evolving business landscape, with many opportunities for investment and growth.