Nigeria, others face $8.9tn debt burden – W’Bank
Developing economies, including Nigeria, are grappling with an unprecedented debt crunch, as total external debt climbed to $8.9tn in 2024, according to…
Business
NEMA engages CCECC to demolish fire-ravaged Lagos GNI building
The National Emergency Management Agency has engaged the China Civil Engineering Construction Corporation to demolish the 22-storey Great Nigeria Insurance building on…
N590bn power bond raises gas suppliers payment hopes
Savannah Energy says the Federal Government’s recent N590bn bond issuance to clear part of Nigeria’s electricity market debts has raised hopes of…
US court dismisses copyright claim against Top Gun: Maverick
A United States federal appeals court ruled on Friday that Top Gun: Maverick, the 2022 blockbuster starring Tom Cruise, did not violate…
Private sector growth hit 13-month high in December 2025
Nigeria’s private sector closed 2025 solidly in expansion territory as increased festive season demand pushed business activity to a 13-month high, according…
MultiChoice to continue offering 12 WBD channels across Africa
MultiChoice, a CANAL+ subsidiary, has secured continued rights to distribute 12 Warner Bros. Discovery thematic channels under a new multi-year, multi-territory deal…
FG reaffirms commitment to reviving Nigeria’s steel industry
The Federal Government has reaffirmed its determination to unlock the enormous potential of Nigeria’s steel resources as a catalyst for inclusive and…
MAN seeks refinancing facility to revive manufacturing sector
The Manufacturers Association of Nigeria, in an effort to revitalise Nigeria’s manufacturing sector in 2026, has called for the introduction of a…
FG plans state-level export drive to deepen AfCFTA participation
The Federal Government has announced plans to strengthen its engagement in the African Continental Free Trade Area in 2026 by collaborating with…
SEC targets long-term capital to fix infrastructure gaps
The Securities and Exchange Commission has unveiled an ambitious agenda for 2026 focused on mobilising long-term capital to address Nigeria’s persistent infrastructure…
Nigeria’s money supply grows despite CBN’s tight monetary policy
Nigeria’s broad money supply (M3) rose to N122.95 trillion in November 2025, up from N119.04 trillion in October, indicating a continued expansion…
Transparent tax system crucial to grow businesses – LCCI
The Lagos Chamber of Commerce and Industry has emphasised that the effective and transparent implementation of the Tax Reform Act is crucial…