US Congress to debate Trump’s war powers
The US Congress is scheduled to vote this week on motions seeking to curb President Donald Trump as he wages war against Iran, but the Republican majority will probably shield him.
MAN lauds UNIDO’s move to reposition Nigeria’s manufacturing sector
The Manufacturers Association of Nigeria (MAN) has commended the United Nations IndustrialDevelopment Organisation (UNIDO) for its efforts aimed at repositioning the manufacturing sector in Nigeria for sustained growth by adopting global best practices and methodologies. Director, Research and Economic Policy Division, MAN, Dr. Oluwasegun Osidipe, gave the commendation at the ‘MAN National Stakeholders Sensitisation Workshop of […]
Manufacturing’s share of capital inflows shrinks to 2.76%
…Despite 132% surge in total importation By Yinka Kolawole Capital inflows into Nigeria’s manufacturing sector suffered a sharp decline in the first nine months of 2025 (9M’25), even as overall capital importation into the country recorded a huge surge, figures from the National Bureau of Statistics (NBS) have shown. According to the data, capital importation into the […]
Depositors of defunct Heritage Bank appeal to Tinubu, CBN for bail out
By Florencemary Nwabueze Depositors of defunct Heritage Bank whose money were trapped in the bank have appealed to President Bola Tinubu and the Central Bank Governor, Olayemi Cardoso, to ensure a swift and full reimbursement of all depositors affected by the liquidation of the bank. They also called for immediate bailout funds to the Nigeria Deposit […]
Nigeria’s private sector rebounds as PMI climbs to 53.2 pts in February
By Peter Egwuatu Nigeria’s private sector recorded a strong rebound in February, as renewed growth in customer demand lifted business activity and eased inflationary pressures, the latest Purchasing Managers’ Index (PMI) survey report by Stanbic IBTC Bank has shown. The headline PMI rose to 53.2 in February from 49.7 in January, returning above the 50.0 threshold […]
Kefas, Alia tour Taraba-Benue border communities
The Governors of Taraba and Benue states, Dr. Agbu Kefas and Rev. Fr. Hyacinth Alia, have visited communities along their shared borders, pledging to resettle displaced persons back to their ancestral homes.
Dollar to Naira exchange rate today, March 3, 2026
The Nigerian Naira opened the second trading session of March with a slight cooling against the US Dollar on Tuesday, March 3, 2026.
ERCAAN pledges crackdown on quacks, stronger partnership with LASG
Estate, Rent and Commission Agents Association of Nigeria, ERCAAN, has reaffirmed its commitment to sanitising the real estate sector, strengthening regulatory compliance, and deepening collaboration with the Lagos State Government, following the successful conduct of its Lagos State chapter election.
U.S. citizens urged to leave Middle Eastern countries including Israel
The United States and Israel launched a large-scale offensive against Iran on Saturday, sparking a regional escalation as Tehran fired missiles at U.S. bases in several Gulf states.
Oyo APC stalwart unveils agenda for 2027 Reps bid
A prominent All Progressives Congress (APC) figure in Oyo State, Tobi Ogunbayo, has formally launched his campaign for the Ibadan Southwest/Northwest Federal Constituency seat in the 2027 general election, outlining a welfare-driven agenda focused on healthcare, education, and economic empowerment.
Nigeria’s Net External Reserves rises 50.5% to $34.8bn- Cardoso
By Babajide Komolafe The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has disclosed that the nation’s Net External Reserves rose 50.5 per cent, year-on-year, to $34.8 billion in 2025 from $23.11 billion in 2024. In a statement from the apex bank, Cardoso said that the growth in external reserves reflects stronger external […]
