Business
Eastern Ports Rehabilitation: FG awards Escravos Channel dredging, breakwater reconstruction
As part of efforts to revitalize the Eastern ports, the Federal Government, through the Nigerian Ports Authority (NPA), has awarded the contract for the reconstruction of the dilapidated Escravos Channel
Chinese imports from Nigeria jump 81% to $2.25bn after zero-tariff policy
By Efe Onodjae Chinese imports from Nigeria surged by 81 per cent year-on-year, YoY to $2.25 billion in the first half of 2026, following China’s implementation of a zero-tariff policy
E-payment transaction volume falls 9.2%, value rises to N1,053trn
•POS transactions fall 20%, value drops to N59.3trn •ATM transaction value jumps 64.6% to N26.3trn By Babajide Komolafe Electronic payment transactions, via six channels, recorded a 2.85 per cent, year-on-year,
Exclusive, Urban Shelters Ignite Abuja’s Next Commercial Investment Boom
In a strategic move to expand commercial real estate opportunities and accelerate wealth creation in Nigeria’s Federal Capital Territory (FCT), Exclusive Shelters has partnered with Urban Shelters Infrastructure Limited to
UBA, Fidelity Bank Secure NGX Approval to Declay H1 2026 Result
Kayode Tokede United Bank for Africa Plc (UBA) and Fidelity Bank Plc, yesterday notified market stakeholders of obtaining approval from the Nigerian Exchange Limited (NGX) to extend the deadline for
Rite Foods Named Among Nigeria’s Top 50 Companies of Impact 2026
Rite Foods Limited, a beverage company, has been recognised among the Top 50 Nigerian Companies of Impact for 2026 at this year’s Industry Newspaper Awards. The recognition celebrates organisations making significant contributions to
AFC Launches Infrastructure Climate-resilient Fund Nigeria to Mobilise Domestic Institutional Capital
AFC Capital Partners (ACP), the asset management subsidiary of Africa Finance Corporation (AFC), has launched the Infrastructure Climate-Resilient Fund Nigeria (ICRF Nigeria) as a dedicated platform to mobilise domestic institutional
NESG: Industrial Policy Alone Not Enough to Achieve Industrialisation
Dike Onwuamaeze The Nigerian Economic Summit Group (NESG), has stated that industrial policy alone cannot achieve industrialisation of the Nigerian economy without a coordinated policy architecture that simultaneously addresses the foundational
Stock Market Commences New Week on Negative Note, Drops by N137.12bn
Kayode Tokede The stock market section of the Nigerian Exchange Limited (NGX), opened the week on a negative note, dropping by N137.12 billion over investors profit taking in First Holdco
Tinubu Directs EFCC to Transfer Recovered Funds to Student Loan Scheme
President Bola Tinubu, GCFR, has directed that all liquid funds recovered by the Economic and Financial Crimes Commission (EFCC), be channelled directly into the Nigerian Education Loan Fund (NELFund) to
