By Yinka Kolawole Activities in Nigeria’s cotton, textile and garment industry continued to trend downward in 2025, with the industry’s contribution to the nation’s Gross Domestic Product, GDP, declining to N4.384 trillion, reflecting persistent structural challenges confronting the sector. Data from the National Bureau of Statistics (NBS) shows that the sector’s output has recorded a steady […]

•NISO blames poor gas supply By Mariam Eko The crisis in Nigeria’s power sector worsened yesterday with further decline recorded in power generation.   Data obtained from the Nigerian Independent System Operator, NISO, showed that generation stood at 2,898 megawatts, MW, yesterday, a shortfall of 11 percent from 3,222MW recorded on Monday. The sharp drop forced electricity Distribution […]

The British Pound has maintained a steady but slightly elevated position against the Nigerian Naira as the first full trading week of March 2026 comes to a close.

The Nigerian Naira maintained a stable yet slightly softened position against the US Dollar as the first full trading week of March 2026 drew to a close.

Trump also indicated he is keen to see Iran’s leadership structure removed and that “we want to go in and clean out everything” quickly.