Latest News
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71Money MarketSEC Adopts Faster Settlement Cycle for Market Efficiency
The Securities and Exchange Commission has announced plans to transition Nigeria’s capital market from a T+3 to a T+2 settlement cycle to...
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93Business NewsNigeria, Brazil to Strengthen Bilateral Ties
Minister of Environment, Balarabe Lawal, has stated that the Conference of the Parties on Climate Change, COP 30, organised by the United...
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316The EntrepreneurDespite Reforms, Manufacturers Lament High Energy Costs, Credit Squeeze
Manufacturers across Nigeria have expressed frustration that despite ongoing economic reforms, the industrial sector continues to grapple with crippling energy costs, limited...
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290Leadership & ManagementHouse Probes $35m Modular Refinery Project
The House of Representatives on Wednesday resolved to investigate the state of the $35m modular petroleum refinery in Brass, Bayelsa State. The...
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164Stock MarketMild Positive Outing at the Exchange as ASI Up 0.02%
EQUITIES The local bourse increased marginally by 2bps to 147,741.77 points driven by gains in TRANSCORP (+4.2%) and STANBIC (+1.6%). Accordingly, the...
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113Economy & MarketHeadline Inflation Slips to 18.02% Y/Y in September
Based on the CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation fell sharply by 210bps to 18.02% y/y...
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120Banking & FinanceNaira Gaining Traction, eNaira to be Revamped –Cardoso
Cardoso represented Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy as G-24 Vice Chair. He said: “We’re part...
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205Industry & MoneyMAN, UNIDO Lament Low Manufacturing Contribution to GDP
The Manufacturers Association of Nigeria (MAN) and the United Nations Industrial Development Organisation (UNIDO) have bemoaned the declining contribution of the manufacturing...
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108Economy & MarketIMF Revises Nigeria’s Growth Upward on Oil Gains, Trade Resilience
The International Monetary Fund has revised Nigeria’s economic growth outlook upward, projecting a 3.9 per cent GDP expansion in 2025, a growth...
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172Industry & MoneyEgbin, Kainji, Zungeru Sustain Grid as Other Plants Falter
Nigeria’s national electricity grid continues to depend heavily on a few high-performing power plants, even as most others remain largely idle or...
