By Yinka Kolawole Industry stakeholders have expressed divergent views on the Central Bank of Nigeria’s (CBN) withdrawal from direct intervention financing of the manufacturing sector. Director General of Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona, said CBN’s exit has left manufacturers heavily dependent on commercial banks that are not structured to provide long-term industrial […]

By Dele Sobowale Most Nigerians are being fooled right now, as they often are, by the Federal Government; with regard to the monthly allocations to states. Unfortunately, because the hands of many of the State Governors are not clean, they are allowing the FG to blame them unjustly for overall poor performance. Granted, there are a […]

The Peoples Democratic Party (PDP) candidate in the June 20, 2026 Ekiti State governorship election, Dr. Oluwole Oluyede, has submitted a memorandum to President Bola Tinubu, urging reforms to strengthen Nigeria’s electoral system ahead of the 2027 general elections.

By Babajide Komolafe Alert Microfinance Bank has recorded a 20-fold increase in total assets to N50 billion in three years, as rising inflation, naira depreciation and stronger demand for credit reshape Nigeria’s banking landscape. Speaking in a media interview, Group Chief Executive Officer of Alert Group, Mr. Olanrewaju Kazeem, said the bank’s growth was driven by […]

By Sebastine Obasi JMG, an integrated electro-mechanical solutions company, has called for stronger collaboration between government, industries, and educational institutions to equip young Nigerians with future-ready skills that will drive innovation, enhance employability, and accelerate sustainable economic growth. The call comes in commemoration of World Youth Skills Day 2026, celebrated annually, which highlights the importance of […]

Panelists at the just concluded UBA Business Series have indicated that financial inclusion, the creative economy, sports, and small and medium enterprises (SMEs) are the sectors most likely to produce Africa’s next billion-dollar companies. The United Bank for Africa (UBA) Plc, hosted its quarterly business series, bringing together entrepreneurs, investors, innovators and business leaders to explore […]

By Peter Egwuatu Analysts have warned that the rise in inflation, policy inconsistency, and volatile exchange rate, among other factors, can destabilise the ongoing economic reforms, which have started yielding fruits. However, the analysts stated that the Nigeria’s capital market is expected to maintain its positive momentum in the second half of 2026, supported by stronger […]

By Peter Egwuatu The stock market closed higher Week on Week, WoW, with the banking and consumer goods stocks being the toast of investors last week. The Financial services industry (measured by volume) led the activity chart with 2.006 billion  shares valued at N99.697 billion traded in 96,171 deals, thus contributing 71.17% and  54.63% to the […]

The naira traded relatively stable against the United States dollar at the official Nigerian Foreign Exchange Market (NFEM) on Monday, July 20, 2026, while the parallel market continued to quote the greenback at a premium.

Faye emerged as the new leader of the regional bloc during the 69th Ordinary Session of the ECOWAS Authority held in Sierra Leone.

Nigerian Maritime Administration and Safety Agency, NIMASA, and the University of Lagos Business School have commenced discussions on collaboration to strengthen research

Coach Luis de la Fuente’s team conceded just one goal in their eight games at the 2026 tournament — the fewest by any side in a World Cup-winning campaign.

Trump threatened Canada with tariffs before Sunday’s match, which the smoke had threatened to disrupt.

THE National Agricultural Development Fund, NADF, on Monday began a four-day training programme for agricultural extension personnel from the North Central states and the Federal Capital Territory, FCT, as the Fund rolls out its Grassroots Digital Extension Corps, GDEC, initiative across the country.

Trump briefly lingered on stage as Infantino tried to lead him away while the Spanish team held the trophy aloft in celebration.