Business News
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281Manufacturers Seek Better Policies, Infrastructure, Financing to Boost Competitiveness
Manufacturing competitiveness across Africa will increasingly depend on effective industrial policies, reliable infrastructure, affordable financing and efficient logistics, rather than production costs...
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284Oil Producers Supplied 53.7m Barrels of Crude to Local Refineries in Q2 –NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said oil producers supplied 53.7 million barrels of crude oil and condensate to local...
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172Nigeria Spent ₦3.1tr on Domestic Debt Servicing in Q1 –DMO
The Debt Management Office, DMO, has said the federal government spent N3.14 trillion on servicing its domestic debt in the first quarter...
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282Refined Fuels Account for 47.5% of UK Imports from Nigeria amid Overall Trade Decline
The United Kingdom imported more refined petroleum products than crude oil from Nigeria in the year to March 2026, according to a...
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273Nigeria’s FX Inflows Rise 59% to $4.4b in July
Nigeria’s foreign exchange market recorded a sharp improvement in liquidity in July as total inflows climbed 59 per cent month-on-month to $4.4bn,...
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244Nigeria Eyes $50b from 22 Offshore Oil, Gas Projects
Nigeria is positioning itself for a fresh wave of upstream investment, with 22 major offshore oil and gas projects expected to attract...
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154Nigeria’s Real Sector Faces ₦50tr Funding Shortfall –CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over what it described as Nigeria’s widening real sector financing...
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380
Private Sector FX Outflows Jump 165% to $16.3b
Foreign exchange outflows through autonomous channels rose by more than 160 per cent in 2025, reflecting increased private-sector demand for foreign exchange...
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637Stock Slide Extends on AI Jitters, Oil Above $100
A global selloff in technology stocks gained momentum as doubts over returns from billions of dollars spent on artificial intelligence were compounded...
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174Private Sector Credit Hits ₦83tr, as Money Supply Surges
The Central Bank of Nigeria (CBN) has revealed a significant expansion in the country’s financial system, with credit to the private sector...
