Industry & Money
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355World Bank: $12.4b Unrepatriated Oil Funds Eroded Nigeria’s External Surplus in H1
Nigeria’s external accounts lost the benefit of a substantial inflow of foreign exchange in the first half of 2026, as unexplained transactions...
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399FG to Overhaul Wheat Industry’s Value Chain for Lower Costs, Imports
Plans are underway by the Federal Government to launch a new programme aimed at strengthening Nigeria’s wheat-based consumer foods industry. The new...
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395NNPC Grows Profit By 54.5% to ₦431b in August
The Nigerian National Petroleum Company (NNPC) Limited recorded a 54.5 per cent rise in Profit After Tax (PAT) in August 2026, up...
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337Nigeria Targets $7.1b Sugar Investment to Curb Import
Nigeria is currently targeting sugar self-sufficiency through a $7.1 billion investment programme over the next 10 years, with projected annual foreign exchange...
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803Data, Billing, Network Failures Fuel 413,587 Telecom Complaints in H1 –NCC
The growing cost of staying connected in Nigeria is coming under fresh scrutiny as mobile network operators recorded 413,587 consumer complaints in...
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1.1KFG Replaces Planned Cashew Export Ban with Road Map as Growers Eye ₦635b Market
Nigeria’s cashew industry is entering a new phase of policy and investment opportunities after the federal government opted for an industry roadmap...
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1.0KFG Targets 200 New Telecom Sites Before December
The Federal Government has said at least 200 new telecommunications sites will become operational before December as part of a nationwide infrastructure...
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1.1KStocks Drop on AI Slowdown Concerns, Oil Advances
Stocks and futures retreated after major artificial intelligence companies called for a slowdown in the technology’s development, raising concerns about a sector...
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606Finance Minister Seeks New Framework to Lower Manufacturers’ Borrowing Costs
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called for a coordinated financing framework that would enable manufacturers...
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639Manufacturers Seeks Shift on Policy to Boost Industrial Energy Security, Grid Optimisation
The Manufacturers Association of Nigeria (MAN) has proposed adoption of a stronger approach that will facilitate Industrial Energy Security and Grid Optimisation...
