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Nigeria’s Capital Market: A Catalyst for $1 Trillion Economy — Edun

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emphasised the crucial role of the Nigeria’s capital market in achieving the nation’s ambitious goal of attaining a $1 trillion... Read more »
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Gov Eno’s Blue Economy Drive Garners Praise from Experts

Experts and other stakeholders in the maritime sector have reasoned that the passion with which the Akwa Ibom State Governor, Pastor Umo Eno, has brought to bear on Ibom Deep Seaport project... Read more »
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SON Promotes Quality Standards in Adamawa through Stakeholder Sensitisation

Some participants at a one-day sensitization workshop on the need to maintain standards, organized by the Standards Organization of Nigeria (SON) in Yola today, have described it as very rewarding. Chief Samuel... Read more »
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Lagos Govt to Revamp Apapa: Sanwo-Olu Approves New Agency

Lagos State Governor, Babajide Sanwo-Olu, has approved the establishment of the Apapa Central Business District Agency which aims to tackle infrastructure maintenance challenges and foster a conducive business environment in the state.... Read more »
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Nigeria’s Rate Drops to 23.71% in April 2025

Nigeria’s headline inflation rate dropped to 23.71 percent in April 2025, relative to 24.23 percent recorded in March 2025, representing a decrease of 0.52 percent from March 2025 figure. This is contained... Read more »
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Bank of Agriculture Intensifies Efforts to Recover N20 Billion in Loans

The Bank of Agriculture (BOA) has announced plans to launch a nationwide loan recovery campaign aimed at reclaiming over N20 billion in non-performing loans, as it seeks to recapitalise and reposition itself... Read more »
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BREAKING: NNPC, Dangote Reduce Petrol Rates Again

The Nigerian National Petroleum Company (NNPC) Limited has reduced the price of Premium Motor Spirit (PMS), also known as petrol, to N910 per litre from N935 per litre in Abuja. However, the... Read more »
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From N0.66 to N1600: The Naira’s Tumultuous Journey Against the Dollar

The Nigerian Naira has seen dramatic fluctuations in its exchange rate against the U.S. Dollar over the past few decades, with several significant spikes in value devaluation that have had far-reaching impacts... Read more »
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Sterling Bank, BOI, LASG Partner to Fuel SME Growth with N10bn Loan Facility

Thousands of small businesses across Lagos are set to gain access to affordable financing, as Sterling Bank throws its weight behind a new credit scheme that removes the usual roadblocks to growth.... Read more »
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Single-Digit Interest Rate for $700m Cabotage Fund: NIMASA Empowers Shipowners

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Monday, said that the Cabotage Vessels Financing Fund (CVFF), would be disbursed to indigenous Shipowners at single-digit interest rate. This was disclosed by... Read more »
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Trade Uncertainty Clouds Global Business Outlook

Global business optimism declined slightly in Q2 2025, according to Dun & Bradstreet (D&B’s) latest Global Business Optimism Insights (GBOI) report. The quarterly sentiment tracker from the global business information provider recorded... Read more »
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LG Takes the Lead in Sustainable Community Development with Solar Water Borehole Projects

In a commendable effort that demonstrates corporate responsibility and community engagement, LG Electronics Nigeria has inaugurated a solar-powered borehole in the Illah community of Oshimili North Local Government Area, Delta State. This... Read more »
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Power Sector Employers Warned Over Staff Transfers by NUEE

The organised labour in Power sector, the National Union of Electricity Employees (NUEE) has raised concerns over the unbundling of the Transmission Company of Nigeria (TCN), even as it warned against alleged... Read more »
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Tariff Hike Takes Toll: Nigeria’s Internet User Base Shrinks – NCC

Nigeria’s telecommunications sector witnessed a notable decline in internet users following a 50 per cent tariff hike on voice, data, and SMS services implemented in January 2025. According to the News Agency... Read more »
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Indomie Gives Back: N9m Prize Money for Winning Families

Indomie, in partnership with Multichoice, has awarded N9 million prizes to the winners of Indomie Love Bowl Season 2. Created to celebrate the powerful bonds between mothers and children, Indomie Love Bowl... Read more »
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Jamara Home Stays Committed to Exceptional Shopping Experiences

Nigeria’s fastest-growing retail and e-commerce brands for electronics and home appliances, Jamara Home, had reaffirmed its commitment to great shopping experiences for its customers as it joined the rest of the world... Read more »
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Capital Boost: Insurers Set N10bn, N15bn Bases for Life, Non-Life Business

Insurance companies under the auspices of the Nigerian Insurers Association (NIA) have agreed to the N10 billion capital base for life insurance, N15 billion for non-life and N35 billion for Reinsurance businesses... Read more »
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Direct Flights on the Horizon: Nigeria, Brazil Reach Aviation Agreement

The federal government has signed a bilateral air agreement for a direct air link with Brazil. The minister of Aviation and Aerospace Development, Festus Keyamo, who signed for Nigeria, met with his... Read more »
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Taraba’s Future in Focus: May 21 Investment Summit to Drive Growth

The Taraba State Commissioner for Information and Reorientation, Barr Zainab Usman Jalingo, has disclosed that the State would host its investment summit on May 21st, 2025. Jalingo, who made this known on... Read more »
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Partnership to Improve Informal Trade Data Collection

The Nigerian Export Promotion Council (NEPC) and Nigerian Bureau of Statistics (NBS) have entered into partnership that would enable and facilitate data collection from Informal Cross Border Trade. Speaking while signing a... Read more »