By Yinka Kolawole Manufacturers in Nigeria are increasingly selling products below production cost in a desperate bid to clear nearly N2 trillion worth of unsold inventory, underscoring the severe cost pressures and weak consumer demand confronting the country’s industrial sector. Findings by the Manufacturers Association of Nigeria (MAN) show that while manufacturers have recorded modest improvements […]

IN a bid to galvanize the Nigerian economy, the Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, Tuesday, signed a strategic tripartite Memorandum of Understanding, MoU, with China’s Linyi Wholesalers Federation and TTC Hydra Limited at the ongoing NACCIMA Infrastructure Conference, INFRACON 2026, in Abuja.

The naira traded relatively stable against the United States dollar in the official Nigerian Foreign Exchange Market (NFEM) on Thursday, July 16, 2026, while the parallel market continued to quote the greenback at a premium over the official rate.

The National Bureau of Statistics, NBS, yesterday said headline inflation rate slowed Month-on-Month (MoM) by 0.02 percentage point to 15.91 percent in June 2026 from 15.93 percent in May.

The Founder and General Overseer of All Christians Fellowship Mission (ACFM), Rev. Dr. William Okoye, is dead.

Africa is set to play a critical role in the global economy over the next 50 years as its population expands, particularly with the extension of the African Growth and Opportunity Act (AGOA), according to James Mbugua, Editor of The Nairobi Law Monthly. Mbugua said the AGOA extension would further bolster businesses across the continent, […]

How one World Cup semifinal became a masterclass in leadership, belief, championship mentality By Paul Lucky Okoku When an entire city dared to dream There are football matches. Then there are football moments that quietly become history. They begin like every other game—with a whistle, a ball, and twenty-two players. Yet somewhere between hope and […]

By Onyeka Ezike King Dr. Izonebi Alfred, fondly called Jking, the indescribably talented Nigerian highlife musician, is poised to shake the music world with six new songs. These six songs — ‘Biri Bein Ghan’, ‘Chief Adowei Binaebi’, ‘Chief Boro Opudu’, ‘Hon. Seles Saboh’, ‘Traditional Series (Bini Ebi)’ and ‘Izon Fiye’ — are thematically and instrumentally […]

Twice in recent presidential election cycles, Goodluck Jonathan, Nigeria’s former one-term president, allowed speculations to spread like wildfire that he would seek the presidency again. But twice, without as much as a whimper, the speculations fizzled out into thin air like a puff of wind. Recently, Jonathan issued an angry rebuttal to an allegation that he […]

South Sudan is stepping up efforts to attract fresh investment into its energy industry as the government seeks to rebuild oil production, strengthen domestic fuel security and position the country as one of Africa’s leading frontier markets.