Manufacturers urge stronger policy support for industry recovery
Manufacturers have called for stronger and more consistent policy support to sustain Nigeria’s fragile industrial recovery, as the Manufacturers’ Confidence Index rose…
Business
Nasarawa shuts down Lafia market over poor sanitation
The Nasarawa State Government has ordered the immediate closure of the Lafia Modern Market due to what it described as “deteriorating sanitary…
Lenders take control of Nestoil amid $1b debt dispute
A group of Nigerian lenders has placed Nestoil Limited, a major oil and gas service company, under receivership due to an outstanding…
Foreign investment hits N1.03tn in Nigerian stock market – NGX
Foreign portfolio investors have invested N1.03 trillion in Nigerian equities during the first nine months of 2025, the Nigerian Exchange reported in…
SEC warns of declining capital market participation amid crypto boom
The Securities and Exchange Commission has expressed concern over Nigerians’ increasing shift from traditional capital market investments to cryptocurrency trading. SEC Director-General…
British Council, SMEDAN partner to boost MSME financing in Nigeria
The British Council, in partnership with the Small and Medium Enterprises Development Agency of Nigeria and with support from the Investment Climate…
ICYMI: Alake woos global investors with mining sector reforms
Minister of Solid Minerals Development, Dele Alake, has urged investors to scale up their investments in Nigeria’s solid minerals sector, citing recent…
Nigerian Breweries revenue jumps 48% to ₦1.04trn in nine months
Nigerian Breweries Plc has posted a group revenue of ₦1.04 trillion for the nine-month period ended September 30, 2025, representing a 48…
FIRS hits record ₦47.39tn tax collection
The Federal Inland Revenue Service has recorded an all-time high tax collection of ₦47.39 trillion between October 2023 and September 2025. The…
Oil marketers get $1.26bn forex allocation from CBN
The Central Bank of Nigeria has disbursed a total of $1.26 billion to operators in the oil sector for the importation of…
Nigeria reports 21% drop in oil revenue for Q4 2024
The Federation’s Budget Office reported that the federal government earned N3.34 billion in net oil revenue in the fourth quarter of 2024.…
Nigeria, S’Africa strengthen economic ties at Lagos ministerial roundtable
Nigeria and South Africa have reaffirmed their commitment to strengthening bilateral economic ties during the Ministerial Business Roundtable in Lagos, where leaders…