Manufacturing recovery lifts Business Confidence Index to 104.6pts — NESG
By Babajide Komolafe The Nigerian Economic Summit Group, NESG, has reported an improvement in business confidence in May 2026, driven largely by a strong recovery in the manufacturing sector and robust consumer demand despite persistent cost pressures. According to the latest NESG Business Confidence Monitor, BCM, the Current Business Performance Index rose to 104.6 points in […]
Capital inflow rises to $10.37b, portfolio investors account for 95%
By Progress Godfrey Capital importation into Nigeria rose sharply to $10.37 billion in the first quarter of 2026, Q1’26, reflecting an 83.83 per cent Year-on-Year, YoY, increase from $5.64 billion recorded in the corresponding period of 2025. According to the Nigeria Capital Importation data released by the National Bureau of Statistics (NBS) yesterday, the $10.37 […]
From Naira Redesign to DEON: The Cost of Regulating Without Assessing
Nigerians do not need to look far for precedent. The Naira redesign policy of late 2022 and early 2023 followed the same trajectory, but with far greater severity.
Voter Data Leak: Police arrest INEC officer, interrogate Wike’s aide, Lere Olayinka
The Nigeria Police Force has commenced an investigation into the alleged unauthorised access and leakage of classified voter information from the database of the Independent National Electoral Commission (INEC), leading to the arrest of an INEC official and the interrogation of a media aide to the Minister of the Federal Capital Territory (FCT), Nyesom Wike.
Process import documents before cargo arrival to avoid Port delays — NSW
By Efe Onodjae The Nigeria Single Window (NSW) has advised importers and their clearing agents to process all regulatory documents before their cargo arrives at Nigerian ports, stressing that pre-arrival processing remains one of the most effective ways to achieve faster cargo clearance and reduce congestion. Speaking on behalf of the NSW technical team, the […]
Owo church attack: Court sentences 4 terrorists to death by hanging
THE Federal High Court in Abuja, yesterday, convicted and sentenced four members of the Al-Shabaab terrorist group to death by hanging for their roles in the June 5, 2022, attack on St. Francis Catholic Church in Owo, Ondo State.
