Expansion in economic activities persists as PMI index hits 56.4pts – CBN

By Babajide Komolafe The Central Bank of Nigeria, CBN, yesterday, said that the Composite Purchasing Managers’ Index, PMI, rose  to 56.4 points in November, marking the twelfth consecutive month of expansion in economic activity. According to the PMI report for November released by the apex bank on Monday 29 out of 36 subsectors surveyed expanded during […]
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Eterna targets N21.52bn through rights issue to fund expansion, strengthen balance sheet

Eterna Plc, one of Nigeria’s leading integrated energy companies, has finalized arrangements for a rights issue of 978,108,485 ordinary shares at ₦22.00 per share, expected to raise approximately ₦21.52 billion. The capital raise is designed to strengthen the company’s balance sheet and support strategic expansion across its business segments. The formal signing ceremony for the […]

Media experts warn of mounting threats to journalism, demand legal protection for reporters

By Gift Chapi Odekina Media professionals have raised fresh concerns over the escalating threats confronting journalism in Nigeria, warning that unchecked misinformation, unregulated online content, and the absence of legal protection for journalists pose growing risks to the nation’s democracy. Speaking at the 2025 Capacity Building Programme for Information Officers in Keffi, former President of […]

Riverine farmers, fishermen give SEEPCO 14-day ultimatum over alleged environmental damage

The Delta/Bayelsa Riverine Farmers and Fishermen Association (DEBARIFFA) has issued a 14-day ultimatum to Sterling Exploration and Energy Production Company Limited (SEEPCO), demanding compensation for alleged destruction of fishing nets, canoes, farmlands, and the riverine ecosystem. The group warned that failure to comply would trigger a massive protest across the waterways.

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