Business
Nigeria spared as seven OPEC+ producers raise output by 188,000 bpd
By Udeme Akpan, Energy Editor Nigeria will maintain its current crude oil production strategy after seven members of the OPEC+ alliance agreed to increase their combined oil output by 188,000
Dele Oye Warns Record $4.4 Billion FX Turnover Masks Naira Vulnerabilities
Chairman, Alliance for Economic Research and Ethics (AERE), Hon. Dele Oye, has warned that the $4.4 billion Foreign Exchange (FX) turnover recorded in a single week, reveals underlying fragility of
Nigeria Overhauls Agricultural Quarantine System To Cut Export Rejections
Minister of Budget and Economic Planning, Senator Abubakar Bagudu has inaugurated an interministerial committee to strengthen the country’s agricultural quarantine system. The renewed drive aimed to curb the rejection of
MAN seeks tax harmonisation, stable policies to boost manufacturing
The Manufacturers Association of Nigeria (MAN) has called for urgent tax harmonisation, improved infrastructure, reliable energy supply and a predictable regulatory environment to strengthen the country’s manufacturing sector. The appeal was
Nigerian manufacturers need more than macro reforms to grow —CFG Advisory
Nigeria needs a coordinated industrial growth strategy, beyond macroeconomic reforms, to unlock investment in the manufacturing sector and accelerate economic expansion. Chief Executive Officer of CFG Advisory, Mr. Tilewa Adebajo, stated
FG rehabilitating Eastern ports, NPA assures stakeholders
By Efe Onodjae The Nigerian Ports Authority (NPA) has dismissed claims that the Eastern Ports have been neglected, saying the Federal Government (FG) is investing in infrastructure upgrades to restore their
Sterling financial records 31% revenue growth in H1’26
…Balance sheet nears N5 trillion By Babajide Komolafe Sterling Financial Holding Company Limited has recorded a 31.5 per cent growth in gross earnings to N279. 6 billion in the half-year ended
Stock market reverses rally as investors lose N1.3trn in one week
… Despite N11.1trn July gain By Peter Egwuatu Nigeria’s stock market reversed course last week as widespread profit-taking erased N1.261 trillion from investors’ portfolios, ending the week in negative territory after
Digital Finance growth outpaces confidence — Bridgforte
*Unveils Trust Lab, governance framework By Babajide Komolafe The rapid growth in digital finance is outpacing public confidence in the financial ecosystem, prompting the Bridgforte Centre for Global Impact to
Enoh hails Dangote as Nigeria’s industrial champion
The Minister of State for Industry, John Enoh, has described Aliko Dangote as Nigeria’s “foremost industrialist” and the driving force behind the successful launch of the Nigeria Industrial Policy (NIP), even
