20 articles found
Abuja, Nigeria’s capital territory, is fast emerging as a reflection of the country’s evolving consumer economy, where rising disposable incomes among high-net-worth individuals and corporate executives are reshaping spending patterns. The post Top 10 most expensive restaurants in Abuja appeared first on Nairametrics.
Nigeria’s insurance industry, despite historically low penetration compared with banking and fintech, has continued to expand in recent years. According to Nairametrics, Nigeria’s insurance companies held total assets of about N4.6 trillion by mid-2025, a sign of rising investments and stronger balance sheets across the industry. At the same time, gross premium generation has continued to climb, with […] The post Meet the women shaping Nigeria’s insurance industry appeared first on Nairametrics.
Nigeria’s import trade in the fourth quarter of 2025 remained heavily concentrated among a small group of countries, demonstrating the nation’s continued reliance on foreign suppliers for a wide range of essential products. The post Top 10 African countries Nigeria imported goods from in Q4 2025 appeared first on Nairametrics.
Nigeria’s import trade in the fourth quarter of 2025 remained heavily concentrated among a small group of countries, reflecting the country’s continued reliance on external suppliers for essential products. Data from the National Bureau of Statistics shows that the total imports reached N17.25 trillion during the period, suggesting the scale of Nigeria’s demand for foreign products ranging […] The post China, US, others dominate Nigeria’s N17.25 trillion import market in Q4 2025 appeared first on Nairametrics.
Billionaire wealth in Africa continues to surge, fueled by rising equity markets, corporate profits, and more stable regional currencies. In 2026, the continent’s 23 richest individuals are worth $126.7 billion, up 21% from 2025, adding $20.3 billion collectively to their fortunes. The post Top 7 African countries with the highest number of billionaires in 2026 appeared first on Nairametrics.
Nigeria’s mutual fund industry keeps expanding as investors look for structured investment vehicles that provide a balance between returns, liquidity, and capital preservation. The post Money market mutual funds with highest YTD yields in February 2026 appeared first on Nairametrics.
A total of five industrial goods companies with assets above N20 billion reported a combined N9.31 trillion for the financial year ended December 2025, highlighting sector growth. The post NGX industrial goods companies with total assets above N20 billion FY2025 appeared first on Nairametrics.
Nigeria’s top trade gateways handled most of the country’s imports and exports in Q4 2025, highlighting the dominance of major seaports and airport cargo terminals. Total trade carried out through the top ten seaports and airports was N35.01 trillion, which is 96.68%, while the rest, mostly land borders and an industrial hub, accounted for goods worth 64.31 […] The post Top 10 ports handling most of Nigeria’s imports and exports in Q4 2025 appeared first on Nairametrics.
The Nigerian consumer goods sector posted impressive sales in 2025, with the top 10 companies generating a combined N7.07 trillion in revenue. The post Top 10 consumer goods companies in Nigeria by sales in FY2025 appeared first on Nairametrics.
This article examines the continent’s leading destinations in terms of quality of life in 2026 and affordability, according to Numbeo Quality of Life Index 2026, which provides insights into what makes a location truly livable and how individuals can navigate the trade-offs between cost, convenience, and wellbeing. The post Top 10 African countries with the best quality of life in 2026 appeared first on Nairametrics.
Africa’s hospitality sector is entering a new growth phase, with hotel construction accelerating across the continent as tourism, business travel, and urban development continue to expand. According to the Hotel Chain Development Pipelines in Africa 2026 report by W Hospitality Group, the continent’s top hotel development markets account for 504 hotel projects with a combined […] The post Top 10 African countries leading new hotel construction projects in 2026 appeared first on Nairametrics.
Below are Nigeria’s top traded agricultural products in 2025, largely driven by exports. The post Cocoa, cashew dominate Nigeria’s agricultural exports in 2025 appeared first on Nairametrics.
Canada ranks among the top education systems in the world, but for many international students, including Nigerians, the appeal now goes far beyond a degree; it is about what happens after the degree. The post Top 10 most affordable universities in Canada under $10,000 appeared first on Nairametrics.
The Lagos shortlet market has grown from a fragmented, informal segment into an integral part of the city’s housing and hospitality landscape. Rising demand from business travelers, tourists, and returning diaspora members has transformed short-term rentals into a structured and competitive market. Seasonal peaks, particularly during the festive “Detty December” period, push occupancy close to 100% in prime […] The post Top 10 most expensive areas for 2-bedroom shortlets in Lagos appeared first on Nairametrics.
The oil and gas sector in Nigeria is characterized by complex operational, regulatory, and market challenges. Managing exploration, production, and distribution in such an environment requires significant technical expertise, strategic oversight, and the ability to navigate both local and international business dynamics. The post See 10 powerful women in Nigeria’s oil and gas sector appeared first on Nairametrics.
Nigeria’s headline inflation rate eased slightly to 15.06% in February 2026, down from 15.10% in January 2026, according to the latest data released by the National Bureau of Statistics (NBS). The post Top 10 most affordable states in Nigeria – February 2026 appeared first on Nairametrics.
Nigeria’s real estate market has rapidly evolved into one of the country’s most consequential economic sectors. Following recent national accounts rebasing, the industry’s valuation climbed to approximately N41.3 trillion in 2024, placing it as the third‑largest contributor to GDP behind trade and crop production and ahead of traditionally dominant sectors such as telecommunications and crude petroleum. This […] The post Meet the women behind Nigeria’s leading real estate companies appeared first on Nairametrics.
Nigeria recorded a trade surplus of N17.78 trillion, as exports worth N85.13 trillion exceeded imports of N67.35 trillion. The post Nigeria recorded N17.78 trillion trade surplus in 2025 but ran its largest deficit with China appeared first on Nairametrics.
