Business
FG to unveil power sector scorecards, may sanction underperforming DisCos, GenCos
The Federal Government (FG) is set to introduce performance scorecards for operators across Nigeria’s electricity value chain, with underperforming distribution and generation companies (DisCos and GenCos) to face sanctions while
Naira down to N1,405/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday depreciated to N1,405 per dollar in the parallel market from N1,400 per dollar on Wednesday. But the naira appreciated to N1,347.5 per dollar in
Report: Manufacturing Remains Largest Contributor to Nigeria’s Industrial Output, Employment
Dike Onwuamaeze A report released by the Nigerian Economic Summit Group (NESG) has stated that the manufacturing sector has grown to become the largest contributor to industrial output, with its
Despite FX Stability, Jet Fuel Supply, Domestic Airlines Face Shrinking Market
Chinedu Eze In spite of the relative stability in foreign exchange and reliable supply of aviation fuel, Nigerian airlines still face shrinking market with progressive reduction of people who travel
Sell-offs Persist as Stock Market Sheds N440bn
Kayode Tokede The Nigerian stock market extended its downward momentum for the eighth consecutive session, its longest losing run so far in 2026, as the market capitalisation, yesterday dropped by
Why FAAN Banned Uber, Bolt at Lagos, Abuja Airports
Chinedu Eze In an effort to streamline the operations of taxis at the Abuja, Lagos and other airports under its management, the Federal Airports Authority of Nigeria (FAAN) has temporarily
AFRACA-NIRSAL Masterclass Opens in Lagos, Builds Financial Institutions’ Capacity
The African Rural and Agricultural Credit Association (AFRACA), in collaboration with NIRSAL Plc and other partners, has convened finance-sector professionals from across Africa in Lagos for the AFRACA Masterclass on
‘Nigeria’s Oil, Gas Growth Depends on Turning Reforms into Bankable Projects’
The Country Chair and Managing Director, TotalEnergies EP Nigeria Limited, Matthieu Bouyer has said Nigeria’s oil and gas industry must move beyond potential and convert ongoing reforms into concrete projects,
Flipside of Airport Disruption by Labour Unions
Chinedu Eze Last week’s picketing of airlines at the Murtala Muhammed International Airport (MMIA), Lagos, and the Nnamdi Azikiwe International Airport, Abuja, by aviation unions, has continued to generate reactions
Revisiting Anohu’s Financial Pathways for Decarbonisation in Global Growth Markets, Frontier Economies
Financing fossil fuel transition requires thinking out of the box as charted by Chinelo Anohu, writes Oluchi Chibuzor The London Climate Action Week 2026 had since come and gone several
