‘Tokunbo’ vehicles dominate Nigerian market by 90% — NADDC
National Automotive Design and Development Council (NADDC) has disclosed that the Nigerian vehicle market is dominated by
Economic growth to rise to 4.5%, external reserves to hit $53bn by year-end — NESG
Nigeria’s economy is projected to gather stronger momentum in the second half of 2026, with growth expected to rise to…
Dangote Refinery increases petrol price as crude tops $93
The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) price from N1,165 to
Subsidy savings: NECA wants states, LGs to account for N10.4trn received
THE Nigeria Employers’ Consultative Association (NECA) has urged state and local governments to account for the N10.4 trillion distributed to…
Fuel subsidy removal did not create cash windfall, only reduced borrowing pressure — FG
THE Federal Government has clarified that the removal of petrol subsidy did not create a large pool of cash at…
Group honours expatriates for driving youth enterprise, investment in Nigeria
A Group, The Expatriate Business Awards (TEBA), has recognised foreign nationals who have invested in Nigerian youth, created jobs, and…
Nigeria’s forex reserves surge to $52.5bn, highest in 17 years – CBN
Nigeria’s foreign exchange reserves have climbed above $52.5 billion, reaching their highest level in 17 years, the Central Bank of
NAICOM licenses more insurers compliant with NIIRA 2025 capital requirements
National Insurance Commission (NAICOM) has issued new licences to additional insurance companies confirmed to have met the
Nigeria’s $10.37bn capital inflows mask weak FDI — PwC
Nigeria’s economic reforms have delivered stronger macroeconomic indicators, but the gains are yet to translate into broad-based prosperity...
NGX extends losing streak as market cap sheds N440bn
The bearish sentiment on the Nigerian Exchange Limited (NGX) persisted on Thursday as sustained profit-taking pressure pushed the equities..
Naira sheds N7.09/$ at official FX market
…Black market (Buying and selling rates): N1,404— N1,410 The Nigerian naira depreciated against the United States (US) dollar, trading at…
Marketers blames multiple operational costs for high cooking gas’ retail prices
MARKETERS under the auspices of the Nigeria Association of Liquified Petroleum Gas Marketers (NALPGAM) have blamed multiple operational costs/levies for…
600TCF gas: NLNG MD seeks faster conversion to power, jobs, industrial growth
NIGERIA must accelerate the conversion of its estimated 600 trillion cubic feet (TCF) gas potential into electricity, industrial growth, jobs,…
NGX bears extend losing streak to 7 sessions, lose N556bn
The Nigerian equities market extended its bearish run on Wednesday, with the NGX All-Share Index (ASI)...
FG saved N15.8trn from fuel subsidy removal — Oyedele
Minister of Finance, Taiwo Oyedele, has said the Federal Government saved N15.8 trillion from the removal of fuel subsidy and
Naira records N6.2/$ gain at official FX market
…Black market (Buying and selling rates): N1,407— N1,415 The Nigerian naira strengthened against the United States (US) dollar, trading at…
Formidable is not about size: Why structure is the secret to scaling Nigerian businesses
If you were to step away from your business for 30 days, what would happen? Would it continue to grow,…
Residents allege rip-off as cooking gas sells for N1,500 per kg in Lagos, Ogun
Residents in Lagos and some parts of Ogun State are calling on the government and its regulatory bodies to save…
Access Bank seeks court order to freeze accounts over alleged N1.34bn fraud
Access Bank Plc has approached the Federal High Court in Lagos seeking an order to freeze accounts linked to beneficiaries…
How I chose entrepreneurship with zero capital over waiting for a job —Procare Multimedia CEO, Kolade Olawoyin
Since founding Procare Multimedia in 2014 with no starting capital, its founder, Kolade Olawoyin, has built a business known for…
