·Other lendings rise, lenders report low default rates By Elizabeth Adegbesan Credit for house purchase by households increased to 9.6 index points in the second quarter of 2026 (Q2’26),  indicating that Nigerians are intensively borrowing to purchase personal houses. The Central Bank of Nigeria, CBN, disclosed this yesterday in its Credit Condition Survey Report for Q2’26 […]

By Obas Esiedesa The Securities and Exchange Commission (SEC) has launched a nationwide campaign to help investors and beneficiaries recover unclaimed dividends and inherited investments, as part of efforts to strengthen investor protection and reduce dormant assets in Nigeria’s capital market. The initiative which was unveiled in Abuja through the Probate/Unclaimed Monies Awareness and Investor Clinic, […]

… restores retained earnings to positive   By Peter Egwuatu  Nigerian Breweries Plc, Nigeria’s foremost brewing company, has announced a strong performance for the first half of the 2026, recording a group revenue of N804 billion, representing a 9% increase over the N738 billion reported in the corresponding period of 2025. The company has also restored its […]

By Godwin Oritse The Association of Maritime Truck Owners (AMATO) has demanded an urgent review of the Electronic Call-Up (ETO) system following recurring cancellations of paid truck bookings, describing the practice as unfair and contrary to consumer protection laws. AMATO said truckers incur avoidable losses whenever bookings expire due to operational delays beyond their control, forcing […]

By Elizabeth Adegbesan Economic activity in Nigeria expanded for the second consecutive month in July 2026 as the Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI) rose to 51.1 points, although the industrial sector remained in contraction. The CBN disclosed this in its latest PMI report, stating that the composite PMI edged up from the […]

By Peter Egwuatu The Nigerian stock market has sustained its positive momentum on Week-on-Week, WoW, as renewed buying interest in blue-chip stocks outweighed widespread profit-taking across the broader market. The benchmark, Nigerian Exchange (NGX) All-Share Index, ASI, closed marginally higher by 0.1%    at 245,573.60 points from 245,283.68 the previous week, arising from sustained institutional demand […]

By Theodore Opara Nigeria must move beyond policy announcements and urgently implement a coordinated six-point roadmap to turn growing interest in electric vehicles (EVs) into mass adoption, Metropolitan Electric Limited has said. The company’s Chief Executive Officer, Olugbenga Obadina, made the call during his presentation at the 3rd Nigeria Auto Industry Summit, organised by the […]

The Executive Director of CEPRSD, Dr Cletus Okpe, gave the commendation in a statement on Sunday, saying the emergence of 31 successful companies for 37 oil and gas blocks demonstrated the credibility of the bidding process and growing investor interest in Nigeria’s upstream sector.

“The reforms are yielding many positive signals, which many international organisations have acknowledged”

ABUJA — Nigerian human rights lawyer and activist,  Deji Adeyanju has strongly condemned recent statements credited to controversial Islamic cleric Sheikh Yahya Jingir, describing his rhetoric as divisive and a direct threat to Nigeria’s corporate existence. In a statement released to the press, Adeyanju warned that the cleric’s utterances against Christians are capable of fueling […]