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Nigerian food market hits $233.53bn at 10.76% annual growth rate

•As 2026 agrofood confab attracts 137 exhibitors from 17 countries By Yinka Kolawole The Nigerian food market has been estimated to be around $233.53 billion in 2025, with an expected annual growth rate of 10.76% from 2025 to 2030. Paul Marz, Managing Director of fair-trade Messe, organisers of the annual Nigeria agrofood Exhibition and Conference, […]

Exports proceeds repatriation: Manufacturers fault CBN’s exclusion of non-oil exporters

By Yinka Kolawole Manufacturers under the aegis of the Manufacturers Association of Nigeria Export Group (MANEG) have raised concerns over what they described as a policy imbalance by the Central Bank of Nigeria (CBN), following its recent decision to allow International Oil Companies (IOCs) unfettered access to repatriate 100 per cent of their export proceeds. The […]

Foreign investment in manufacturing plunges 51.44% in two years

…Drops to $772.45m in 2025 •Sector’s investment share falls to 3.33% from 49.73% in 2023 By Yinka Kolawole Foreign investment in flows into Nigeria’s manufacturing sector have suffered a sharp decline over the past two years, underscoring weakening investor confidence in the country’s real sector despite a surge in overall capital importation. Data obtained from the […]

Worst food crisis looms in Nigeria

By Dele Sobowale “First we eat; then we do everything else” This alarm has become necessary because another warning published on this page, in  January 2025, was ignored, at first, by governments. Disastrous consequences followed; resulting in delayed over-reaction by the Federal Government. This, in turn has precipitated a food price cycle – imports crashed […]

Transcorp Power pupil emerges overall winner of Delta maths competition

Transcorp Power Plc, one of the power subsidiaries of Africa’s leading listed conglomerate has announced that Etagbedavwe Amwarha, a pupil of Transcorp Power School, has emerged as the overall winner of the 2025 Delta State Primary School Mathematics Competition. The achievement reflects Transcorp Power’s commitment to educational excellence and community development in its host communities. […]

Sterling Bank charts way forward for Nigeria’s transport, logistics sector

By Peter Egwuatu   Sterling Bank, industry leaders, policymakers, financiers, innovators convened, have charted away forward towards improving Nigeria’s transport and logistics sector. The stakeholder at the inaugural Nigeria Transport & Logistics Summit (NTLS) 2026, hosted by Sterling Bank at Eko Hotel & Suites, proposed actionable strategies for building a faster, more connected Nigeria through transport, mobility, […]

Labour Party will contest, win 2027 polls- Scribe

National Organising Secretary of the Labour Party, Chief Clement Ojukwu has expressed confidence that the party is poised to surpass its outstanding performance in the 2023 general elections in the coming months.

Haruna hails Dattuwa’s return as APC deputy nat’l financial secretary

Gombe business mogul and Chairman/Chief Executive Officer of ACL Interglobal Construction Company Limited, Alhaji Imrana A. Haruna, has congratulated Hon. Dattuwa Ali Kumo on his re-election as Deputy National Financial Secretary of the All Progressives Congress (APC). In a statement, Haruna commended Kumo, who also serves as Chairman of the Board of the Industrial Training […]

FG moves to clean up markets with new anti-counterfeit tracking system

By Progress Godfrey   The Federal Government has formalised a major agreement to deploy the Products Authentication and Tracking System (PATS), in a decisive move to tackle counterfeit and substandard goods and restore confidence in Nigeria’s markets. According to a statement by the ministry on Thursday, the agreement was signed in Abuja under a Public-Private Partnership arrangement, […]

Middle East crisis: Chemical, pharma manufacturers at highest risk — MAN

By Yinka Kolawole THE Manufacturers Association of Nigeria (MAN) has raised alarm over the escalating military confrontation involving the United States, Israel and Iran, warning that Nigeria’s chemical and pharmaceutical manufacturers face the gravest risk as global economic shocks ripple through the industrial sector. In a statement, Director General of MAN, Segun Ajayi-Kadir, said the […]

Nigeria’s reforms driving strong domestic capital mobilisation — NGX Group CEO

By Peter Egwuatu The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX) Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic capital formation and positioning the country for deeper global investment partnerships. Popoola made this known while speaking at the Nigeria–United Kingdom Investment Roundtable organised by the Nigerian Investment Promotion […]

Profit taking halts stock market uptrend as capitalisation, index decline

By Peter Egwuatu   Profit taking by investors characterised the Nigeria stock market last week,  leading to the decline in the major performance indicators. Specifically, the Nigerian Exchange Limited, NGX market capitalisation, which represents the value of equities listed on the Exchange, dropped to N128.969 trillion last week from N129.125 trillion the previous week. Similarly, another […]

2027 must not be another coronation -Adebayo, SDP candidate

•Says no room for sentiments  •Calls for younger contenders  By Dapo Akinrefon P rince Adewole Adebayo, the 2023 presidential candidate of the Social Democratic Party, SDP, in this interview, speaks on Nigeria’s current political landscape while outlining his vision ahead of the 2027 general elections. Rejecting the popular narrative that the opposition space is shrinking, […]

Wike to defectors: We’ve taken back PDP

Minister of the Federal Capital Territory, FCT, Mr Nyesom Wike yesterday, declared that the Peoples Democratic Party, PDP, has been taken back by loyal members, blasting defectors and asserting control of the party.

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