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Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

NMDPRA proposes ban on fuel price fixing

  • 6th August 2026

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Manufacturers’ confidence rebounded in Q2 despite operating challenges —

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Naira holds steady at ₦1,368/$ in official FX market

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Firms expect borrowing costs to ease in coming months

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Freight agents, Customs clash over Single Window rollout

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Shareholders to get N1.5bn dividend - NGX Group
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NGX Group’s DG Mohammed Garuba acquires N225m worth of shares

A Non-Executive Director of Nigerian Exchange Group Plc, Mohammed Garuba, has purchased 10,000,000 units of the company’s shares for N225 million. The Times was made aware of this information through a notice of directors’ dealings signed by group company secretary Obehi Ikhaghe. The company revealed that the deal was completed on September 12, 2023. The average price […]

TCN restores power to Sokoto – Official
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TCN restores power to Sokoto – Official

    The restoration of bulk power supply to Sokoto State was successfully carried out by the Transmission Company of Nigeria at 6 p.m. on Saturday. This was disclosed through a statement provided to the press in Birnin Kebbi on Sunday by the General Manager of Public Affairs, Mr. Ndidi Mbah, on Sunday. He promised […]

Microsoft announced Monday that it will eliminate developer onboarding fees for the Microsoft Store on Windows
News Tech

Microsoft updates Edge on Windows 7, 8

Microsoft has released updates for Windows 7,8 and 8.1 despite the fact it stopped supporting Edge on those platforms in January 2023. Edge 109 was the last version of the browser that was compatible with Windows 7, 8, and 8.1. Even so, Microsoft is willing to issue crucial patches and infrequent security updates, as the […]

Sale of China iPhone plunge as Huawei's popularity rises
News Tech

Russia targeting journalists devices with spyware – Apple

Electronics giant, Apple has disclosed that Russia is targeting journalists who use Apple product with a spyware Pegasus. In recent years, the spyware has targeted scores of journalists, activists, and politicians. Timchenko, the founder of the independent media outlet Meduza, was later identified as a target of the “zero-click” spyware Pegasus, according to tech and […]

NNPCL, Indorama partner on gas supply
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NNPCL, Indorama partner on gas supply

In an effort to encourage the use of natural gas by large-scale gas utilization companies, the Nigerian National Petroleum Company Limited has signed a historic Memorandum of Understanding with Indorama Eleme Petrochemicals Limited on gas delivery. According to Nairametrics, the business made the announcement on Saturday, September 16 via its Twitter account. The action will […]

Bitcoin holder Micro Strategy loses $440K to hackers
Business

Bitcoin records first weekly gain since August

Bitcoin’s four-week price fall has come to a stop, with the cryptocurrency posting its first weekly rise since August. The greatest cryptocurrency asset by market value has grown by around 2.5% to about $26,458 since last Saturday. According to The Times, the digital asset was trading at $26,468 while market bulls had their sights set on […]

FG summons cement manufacturers over price hike
Business

BUA to sell cement price at N3500 per bag – Report

BUA Cement Plc has announced plans to lower cement prices in Nigeria from N5,500 to between N3,000 and N3,500. The Punch reported that the company’s chairman, Abdul Samad Rabiu, announced this following a meeting with President Bola Tinubu on Friday, September 15, 2023, at the State House in Abuja. The capacity of BUA Cement will increase […]

Food drives August's inflation rate to 25.80% - NBS
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Food drives August’s inflation rate to 25.80% – NBS

Inflation increased to 25.8 percent in August from 24.08 percent in July, according to numbers released by the National Bureau of Statistics on Friday. According to the Punch, NBS’s Consumer Price Index for August 2023 revealed that the headline inflation rate jumped to 25.80% in August 2023 compared to the headline inflation rate in July 2023, […]

Farmers, locals will benefit from Bayelsa-Rivers link road - NDDC
Business

NDDC, OGFTZA partner to build industrial parks

The Niger Delta Development Commission has stated that it will work with the Oil and Gas Free Trade Zone Authority to create industrial parks in the Niger Delta region. The Punch reported that the NDDC’s managing director, Samuel Ogbuku, reportedly made this statement while speaking to a team from OGFTZA, led by Senator Tijani Kaura, on […]

Four consortia to repair deteriorated pipelines - NNPCL
Oil and Gas

NNPCL earns N18.4bn in Q1 after OVH acquisition – Kyari

In the first quarter of 2023, less than a year after acquiring OVH Energy, the Nigerian National Petroleum Company Limited has achieved a profit of N18.4 billion. The Punch reported that this was disclosed by the Group Managing Director of the NNPCL, Mele Kyari, on Friday in Abuja at the reopened investigation hearing of the House of Representatives […]

10 facts about CBN governor-nominee Cardoso The President, Bola Tinubu, on Friday named Olayemi Michael Cardoso as the substantive Governor of the Central Bank of Nigeria. He is expected to replace the Acting Governor of the CBN Folashodun Shonubu if confirmed by the Senate. Below are 10 facts about him. i. Dr. Olayemi Cardoso hails from Lagos State, a city renowned for its vibrant economic and cultural diversity. ii.His parents were descendants of Brazilian returnees who belonged to prominent families in Popo Aguda, adding a rich cultural heritage to his background. iii. Dr. Cardoso's father, Felix Bankole Cardoso, made history as Nigeria's first indigenous Accountant-General of the Federation in 1963, setting a high bar for public service. iv. His academic journey began at Corona School Ikoyi, where he received his primary education, followed by St. Gregory's College in Lagos for his secondary education. v. Dr. Cardoso's pursuit of knowledge took him to Aston University, where he earned a Bachelor's degree (B.Sc.) in Managerial and Administrative Studies in 1980. vi. He continued his academic journey, earning a Master's degree in Public Administration in 2005 as a Mason Fellow, showcasing his commitment to continuous learning and growth. vii. Dr. Cardoso's career in finance included serving as the former chairman of Citibank Nigeria, where he undoubtedly honed his financial acumen. viii. His commitment to public service led him to serve as the Commissioner for Economic Planning and Budget in Lagos State during President Tinubu's tenure as the governor. ix. Dr. Cardoso is not just a participant in Lagos's economic development but also an architect. He is the founding chairman and co-chair of the Ehingbeti Summit, the Lagos State economic summit. x. Behind the impressive resume, Dr. Cardoso is a family man. He is married with five children and three grandchildren, embodying the values of responsibility and dedication.
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10 facts about CBN governor-nominee Cardoso

  The President, Bola Tinubu, on Friday named Olayemi Michael Cardoso as the substantive Governor of the Central Bank of Nigeria. He is expected to replace the Acting Governor of the CBN Folashodun Shonubu if confirmed by the Senate. Below are 10 facts about him. i. Dr. Olayemi Cardoso hails from Lagos State, a city […]

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