FG tasked on accelerated power sector reforms for Nigeria’s recovery
The Federal Government has been urged to accelerate the power sector reforms to arrest electricity crisis derailing Nigeria’s recovery.
NGX market cap hits N158.96trn as ASI gains 0.77%
The positive performance was also reflected across the major sectoral indices, with Oil & Gas emerging as the best-performing sector,…
We’re not regulating to strangulate, ARCON assures businesses
The Advertising Regulatory Council of Nigeria (ARCON) has explained that its role as a regulatory body in the nation’s integrated
Nigeria’s economic growth on course towards $1 trillion GDP target — Finance Ministry
The Federal Ministry of Finance has disclosed that Nigeria's Gross Domestic Product (GDP) growth of 4.43 percent in the second…
NASENI launches xceler8 accelerator, offers $25,000 support to Nigerian innovators
The National Agency for Science and Engineering Infrastructure (NASENI) has launched the NASENI Xceler8 Accelerator, a three-month virtual programme designed…
Naira opens week’s trading with gains against dollar at official FX market
The Nigerian naira gained against the United States (US) dollar, trading at N1,332.9396 at the Central Bank of Nigeria (CBN)…
Political advertisement: ARCON to pull down unapproved billboards, prosecute owners
AS campaigns towards the 2027 general elections gather momentum, the Advertising Regulatory Council of Nigeria (ARCON) has said it would…
Tunji-Ojo empowers 200 Ondo students with business tools
As part of efforts to promote entrepreneurship and unlock the economic potential of young people in Ondo State, the Minister…
PZ Cussons Nigeria PAT soars 349% to N45.2bn
PZ Cussons Nigeria Plc has reported a 349 percent surge in profit after tax (PAT) to N45.2 billion for the…
NGX loses 0.44% in August despite N1.91trn month-end rally
The Nigerian equities market staged a dramatic end-of-month recovery on Monday, adding N1.91 trillion to its market capitalisation in
Disregard fake statement on September shutdown, OPay urges customers
OPay has dismissed rumours circulating on social media that the fintech company plans to shut down its operations, describing the…
Domestic refining should be the foundation of Nigeria’s fuel supply —Prof Iledare
Renowned Professor of Petroleum Economics, Wumi Iledare, has said domestic refining should serve as the foundation of Nigeria’s fuel supply.…
Sachet alcohol business continues, despite NAFDAC’s ban —Investigation
Despite the directives given by the National Agency for Food and Drug Administration and Control (NAFDAC) to manufacturers of sachet…
Nigeria’s growth dilemma: Why productivity must catch up with output
Nigeria’s economy faces a critical challenge: output is growing, but productivity has failed to keep pace, limiting the extent to…
Transmission network has 54,995MW capacity, 333 lines nationwide —TCN
The Transmission Company of Nigeria (TCN) has announced that its transmission infrastructure has a total capacity of 54,995 megawatts (MW)…
Nigeria incurring N300m losses, others over rail track vandalisation —NRC
Managing Director/CEO of the Nigerian Railway Corporation (NRC), Dr Kayode Opeifa, has revealed that anytime a rail track vandalisation leads…
FG’s $1bn social protection programme commendable, but cash transfers cannot create income — Expert
•Calls for greater clarity on the financing The Federal Government’s $1 billion social protection programme has been described as a…
Despite fuel subsidy removal, FG struggles to implement budgets, experts lament
•Say capital projects development under threat Economic experts have lamented that despite fuel subsidy removal in 2023, the Federal government…
Experts warn FG against rebound in petrol imports
Nigeria’s sudden rebound in imported petroleum products, especially Premium Motor Spirit (PMS), commonly known as petrol, is generating shockwaves in…
Stanbic IBTC walks for 250 children as Together4ALimb marks 12 years of restoring mobility
Stanbic IBTC Holdings, a member of Standard Bank Group, successfully hosted the 2026 edition of its Together4ALimb Walk recently. This…
