August 6, 2025
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Economy

Kiin360 Economy
Economy Health

Investing in Nutrition Delivers $23 Return for Every Dollar Spent, Boosting Health and Economic Productivity

In a compelling case for increased investment in public health, new findings have revealed that every dollar directed toward the fight against malnutrition yields an impressive $23 in returns. This value is driven by improved health outcomes, enhanced cognitive development, and increased productivity across populations—particularly in developing economies like Nigeria. Experts argue that addressing malnutrition

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Business Economy

FG Strengthens Ties with Impact Investors to Accelerate Economic Transformation

Abuja, June 10, 2025 – The Federal Government has announced a strategic collaboration with global and local impact investors as part of a renewed push to drive inclusive growth and economic transformation across Nigeria. This development was revealed during a high-level forum held in Abuja, where government officials, development partners, and investment experts converged to

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Business Economy

Nigeria Ranked Third-Best Manufacturing Hub in Africa, Reports The African Exponent

Nigeria has been ranked third among Africa’s top ten manufacturing countries, according to a comprehensive analysis by The African Exponent, a respected business information source for entrepreneurs and investors. The report highlights Nigeria’s pivotal role in key sectors and underscores its growing economic influence across the continent. In the latest data reviewed, South Africa maintains

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Business Economy

MTN and Airtel Now Dominate Nigeria’s Internet Market as Glo Loses Millions of Customers

Nigeria’s internet services industry has changed a lot in the past ten years. MTN and Airtel are now the two strongest players in the market, while Globacom (popularly called Glo) is struggling after losing many of its customers. MTN, the biggest telecom company in the country, has grown from 26 million internet users in 2013

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Airport Business Economy

Nigerians Reduce Air Travel By About 30% As Economic Pressure And Visa Hurdles Bite

Nigeria’s aviation sector is experiencing a sharp downturn, with domestic passenger numbers falling by approximately 30% and international travel even more drastically impacted, driven by harsh economic realities and more restrictive visa regimes. According to data from the NCAA and FAAN, domestic air travel dropped from 9.47 million passengers in the first half of 2022

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Business Economy Petrol Refinery

GEIL’s Otakikpo Terminal Makes History with First Crude Oil Export

Green Energy International Limited (GEIL) has achieved a significant milestone in Nigeria’s oil and gas sector with the successful completion of the first crude oil export from its newly constructed Otakikpo onshore terminal. The export took place on Sunday, June 8, at approximately 2:00 PM, when an off-taker vessel chartered by Shell lifted the maiden

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Economy General

Nigeria’s Bold Economic Reforms Draw Global Recognition, Position Country for Long-Term Growth

In a notable endorsement of Nigeria’s recent economic direction, renowned industrialist and Chairman of BUA Group, Abdul Samad Rabiu, has declared that the country’s sweeping reforms are placing it firmly on the global economic map. Writing in the UK’s Daily Telegraph on Saturday, June 7, 2025, Rabiu urged Britain and its Western allies to take

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Economy General

Shettima Flags Off NASENI’s National Asset Restoration Drive in Maiduguri to Strengthen Productivity

In Maiduguri on Sunday, June 8, 2025, Vice President Kashim Shettima officially launched the National Asset Restoration Programme, spearheaded by the National Agency for Science and Engineering Infrastructure (NASENI), at the Borno State Agricultural Mechanisation (BOSAMAN) Farm Centre. The ceremony marks the commencement of the agency’s ambitious initiative to revive tens of thousands of abandoned

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Economy General

Nigeria’s Economy on a Recovery Path, but Many Citizens Yet to See ReliefLBS Mid-Year Report Flags Growth Without Welfare, Rising Investor Confidence

LAGOS, June 8, 2025 — Nigeria’s economy is showing early signs of stabilisation, but millions of Nigerians remain trapped in a cost-of-living squeeze that reforms have yet to ease. That is the verdict from the Lagos Business School’s (LBS) closely-watched June 2025 Mid-Year Economic Review, presented by leading economist Bismarck Rewane. The report paints a

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Economy General

FOU ‘A’ Vows Sustained Clampdown on Economic Saboteurs, Arrests 7 Suspects

The Federal Operations Unit Zone ‘A’ (FOU ‘A’) of the Nigeria Customs Service (NCS) has reaffirmed its commitment to intensifying the clampdown on economic saboteurs following the arrest of seven suspects in connection with various smuggling-related offences. Acting Controller of the Unit, Deputy Comptroller Hussein Ejibunu, disclosed this while addressing journalists at the Command Headquarters

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