Business
FG Inaugurates 14-man C’ttee on Housing Sector Reforms
Emmanuel Addeh in Abuja The federal government has inaugurated a ministerial committee to drive the implementation of reforms aimed at transforming Nigeria’s housing and built environment sector. The 14-member body
Oriental Energy Empowers 692 Host Community Members
Peter Uzoho Oriental Energy Resources Limited, Settlor of the Effiat and Mbo Host Communities’ Development Trust, has empowered 692 beneficiaries in Akwa Ibom State through education, vocational skills and enterprise
Dangote Refinery: Principal Actors and Factors Behind Success
Hafiz Bakare Dangote Refinery’s landmark Initial Public Offering (IPO) is the largest public offering in Africa’s history with a target of N2.15 trillion (approximately $1.63 billion). Dubbed “the people’s IPO”,
FG Banks on Long-term Credit to Achieve Manufacturing Target
Omolabake Fasogbon The federal government has set a 20 per cent manufacturing growth target by 2030-2031 under the Nigerian Industrial Policy (NIP), banking on long-term financing to drive the expansion.
4.8m Electricity Customers Remain Unmetered as Penetration Climbs to 61.5%
Emmanuel Addeh in Abuja Over 4.8 million active electricity customers in Nigeria remained without meters at the end of June 2026, although the country’s metering drive recorded a sharp increase
Survey: Taxpayers Support Reform Objectives, Cautious About Challenges, Economic Pressures
Dike Onwuamaeze A joint survey by PwC Nigeria and the Lagos Chamber of Commerce and Industry (LCCI), on the business impacts of Nigeria’s current tax reform has revealed that taxpayers
Kwara Customs: Illegal Influx Of Foreign Food Products Undermines Local Agricultural Production
The Controller, Kwara State Command of the Nigerian Customs Service(NCS) Mr. Najeem Akanmu Ogundeji at the weekend said that, the illegal influx of foreign food products through porous borders into
Stock market losses N1.9trn to profit-taking
•Analysts finger Dangote Refinery IPO By Peter Egwuatu The Nigerian equities market reversed bullish trend last week, as N1.9 trillion was lost to widespread profit-taking across major stocks. The market
Manufacturers’ unsold goods rise to N1.7trn
***As cost of operations rises ***Dangote Cement, UACN lead inventory build-up ***Financial experts give more insight, proffer way out By Peter Egwuatu Manufacturing companies across sectors listed on the Nigerian
Banks, Insurers, Others List N2.7tn Shares on NGX Amid Recapitalisation
Kayode Tokede Following the conclusion of the banking/insurance sectors recapitalisation exercise, among other sectors raising fresh capital, the overall corporate listings on the Nigerian Exchange Limited (NGX) so far in 2026 stood
