By Udeme Akpan, Energy Editor Dangote Petroleum Refinery has resumed loading of the Premium Motor Spirit, PMS, also known as petrol on trucks for oil marketers. With the suspension of Naira for crude programme, rising price of crude oil and foreign exchange issues, the 650,000 barrels per day, bpd refinery stopped loading of trucks, based on Naira. […]

By Godwin Oritse The Nigerian Content Development and Monitoring Board, NCDMB, has given ten local shipping firms access to its $360 million intervention fund domiciled at the Bank of Industry, BoI. Speaking  at Maritime Roundtable Breakfast Meeting in Lagos, General Manager, Research, Statistics and Development, NCDMB, Mr. Silas Ajimijaye said that about 10 local shipping firms […]

The Chairman of the Ethical and Attitudinal Reorientation Commission (EARCOM) of Akwa Ibom State, Dr. Dorothy Thompson, has expressed deep concern over the rising cases of jungle justice in Nigeria, where individuals accused of crimes such as theft, kidnapping, and human trafficking are summarily executed by mobs.

By Peter Egwuatu     Foreign investment outflow from the stock market exceeded inflow by 26.6 % in February 2025 indicating declining participation by foreign investors. There are indications that foreign investors’ participation in the Nigerian stock market has declined as foreign outflow surpassed the inflow Vanguard’s analysis from the latest data released by the Vanguard analysis of […]

By Jimoh Babatunde Despite agriculture being Nigeria’s economic backbone, 63% of the country’s population is said to live in multidimensional poverty, with most in rural areas relying on low-productivity, subsistence farming. Available statistics show that only 16 percent of smallholder farmers have access to mechanized equipment because of high costs, limited financing, and weak supply […]

By Adeola Badru In line with Governor Seyi Makinde’s move to expand the economic fortunes of Oyo State, a real estate firm, Fendini Group has unveiled a new collection of luxurious 4 and 5-bedroom penthouses and duplexes at Rayfield Gardens City Estate. While briefing newsmen in Ibadan about the launch which was aimed to cater […]

Communities around Old Ilushi Road, Opere, and Good Will Junction in Uromi, Edo State, have been deserted by residents for fear of reprisals and arrests by security agents, following the lynching of 16 travellers by a mob in the area last Thursday.

•As outflow surpasses inflow By Peter Egwuatu Foreign investors’ participation in the Nigerian stock market has declined as outflow of investments surpassed the inflow by 26.6 % in February 2025. Details of the latest data released by the Nigerian Exchange Limited, NGX, yesterday showed that foreign investment outflow in February 2025 stood at N24.6 billion, […]

By Peter Egwuatu President Ahmed Bola  Tinubu has approved the amended Investment and Securities Act, ISA, 2024. The Securities and Exchange Commission, SEC, which disclosed this said: “This landmark legislation strengthens the legal framework of the Nigerian capital market, enhances investor protection, and introduces critical reforms to promote market integrity, transparency, and sustainable growth. “The […]

By Emeka Anaeto, Business Editor As the 9th edition of Vanguard Economic Discourse gathers steam, key facilitators are already feeding the audience with expectations of business and economy information that would dominate the discussions. The event is scheduled to hold on Wednesday 9th of April at Civic Center, Victoria Island, Lagos starting by 9am. Speaking […]