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MAN laments sharp decline of bank credit to

  • 23rd June 2026

SEC warns against unapproved Dangote refinery IPO promotions

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Allen Onyema urges boycott of S’Africa over xenophobic

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Lagos rejects claims of handing environmental enforcement to

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MAN laments sharp decline of bank credit to manufacturing

Business

SEC warns against unapproved Dangote refinery IPO promotions

Business

Iran, Oman to agree on Strait of Hormuz service

Transportation

Nigeria, UK renew security pact against cyber terrorism

News

Tag: Economy

Premium smartphone market to expand by 6% - Report
Business

Premium smartphone market to expand by 6% – Report

Sales of premium smartphones (with a wholesale price of at least $600) are expected to reach a record high of 6% in 2023, according to Counterpoint Research’s Market Pulse Service. According to The PUNCH, the company, this would be in contrast to the fall predicted for the global smartphone industry last year. The report stated […]

FG targets 6500 megawatts power generation in six months
Electricity

NERC threatens Discos with fines for refusing to accept power

Despite the widespread blackout in Nigeria, the Nigerian Electricity Regulatory Commission has expressed worry over electricity load rejection by power distribution companies. According to The Punch, it vowed to take appropriate regulatory action against Discos that failed to reach the major performance criteria for energy offtake, emphasizing the growing gap between available power capacity and […]

Dry season farming to create 10m jobs - FG
Agribusiness

FG to combat growing food prices with rice production

The Minister of Agriculture and Food Security, Abubakar Kyari, announced on Friday that the Federal Government had begun mass production of food crops in order to reduce food prices across the country. According to The PUNCH, he stated that the government’s goal was to lower food inflation, citing it as the primary cause of Nigeria’s […]

Business opportunities in Nigerian waste collection industry
Business

Business opportunities in Nigerian waste collection industry

In Nigeria, the waste collection industry is critical to addressing growing environmental concerns and supporting sustainable waste management methods. Waste, sometimes known as “garbage” is the term used to describe abandoned materials, substances, or by-products that are no longer valuable or intended for further use. With increased urbanization and industrialization, the volume of trash generated has increased dramatically, […]

Only 29% of Nigerians have access to mobile internet - Report
News Tech

How to stop your iPhone from listening to you

Amid controversies surrounding the iPhone’s ability to eavesdrop on conversations of its owners, a report has revealed how users can prevent the Apple-owned smartphone from listening to them. According to a recent 404 Media report, marketing firms can truly listen to phones in order to show you advertisements. According to 404 Media, the companies “has […]

10 profitable business ideas for introverts
Business

10 profitable business ideas for introverts

There has been a considerable global change in recent years towards encouraging varied work patterns and entrepreneurial pursuits. This trend is not just pertinent in Nigeria but Africa as a whole. Contrary to popular belief, introverts do not all have reserved or quiet personalities. Many have unique abilities, skills, and a strong entrepreneurial spirit. The increased predominance […]

featured Opinion

Nigeria’s budgeting process lacks clarity, discipline – Expert

The founder of Budget, a fiscal transparency platform, Seun Onigbinde, has criticized the Nigerian government’s budgeting process, saying it lacks clarity, discipline, and performance-driven planning.   In an interview with Arise News on Saturday, Onigbinde said that the 2023 budget, which was passed into law under the previous administration, had no clear information on how […]

Kaduna customs hits N16.3bn revenue in 2023
News

Kaduna customs hits N16.3bn revenue in 2023

The Nigeria Customs Service, Kaduna Command, increased revenue generation by 21.93% in 2023, earning a whopping N16.3 billion. This was revealed in a statement issued on Saturday by the command’s Public Relations Officer, Muhammad Aminu. He noted that the service generated N16.3 billion in revenue, a significant rise from the N13.4 billion recorded in 2022, […]

NGX to draw in more investors - CEO
Business

Nigerian stocks rise 6.54% in first week of 2024

The Nigerian Exchange Limited ended the first week of 2024 on a high note, backed by continued investor faith in listed companies. The Times reported that this momentum has implanted hope for a possibly positive market in 2024, propelling the All-Share index to a 6.54% gain to close at 79,664.66 points. Similarly, all other indexes […]

Dangote Refinery's polypropylene to enter market
Oil and Gas

Dangote Refinery receives fifth crude oil shipment 

The Nigerian National Petroleum Corporation Limited delivered the fifth crude oil shipment of one million barrels of Bonny Light to Dangote Petroleum Refinery on Thursday. The firm is currently planning to welcome the sixth million barrels of crude oil to the refinery by next week. This recent discovery is an important step forward for the […]

Google releases AI multisearch feature
News Tech

Google shares hack to prevent breach

In response to news of a password change-resistant attack being used by information-stealing hackers, Google has advised users of Gmail to switch the app off and on again. CloudSEK researcher Pavan Karthick M described how Google accounts may be compromised by taking advantage of an undocumented authentication endpoint that is used for cross-services synchronization in […]

Business

Nigeria needs to balance foreign investment with local growth – KPMG

A professional services firm, KPMG, has stated that Nigeria must strike a balance between attracting foreign capital and supporting domestic growth through policies that favour foreign investment while also building a conducive climate for indigenous enterprises to prosper. According to the firm’s flashnotes published on January 4, 2024, capital importation numbers show a consistent quarterly fall, indicating continued issues […]

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