The Nigerian Naira maintained a stable trajectory against the United States Dollar during the mid-week trading session, reflecting the positive sentiment surrounding the Central Bank of Nigeria’s (CBN) 2026 macroeconomic outlook.

The federal government has unveiled the Nigerian Industrial Policy (NIP) aimed at driving value addition, industrial growth, employment creation across the country, and ensuring that the manufacturing sector contributes up to 25 percent to the nation’s Gross Domestic Product (GDP). Minister of State for Industry, Senator John Enoh, stated this at the soft launch of the […]

By Yinka Kolawole The federal government, through the Presidential Committee on Fiscal Policy and Tax Reforms, has highlighted some of the incentives in the new tax laws aimed at boosting the manufacturing sector in Nigeria. Speaking at a stakeholders engagement with the Manufacturers Association of Nigeria (MAN) themed, “From Legislative Assembly to Factory Floor: What the […]

Entire households were abducted. Families such as the Jonathan household had 12 members kidnapped; the Amos family 13; Markus/Makudi 10; Ishaya and Danisa seven each

By Babajide Komolafe Businesses across key sectors of the   economy are grappling with prohibitive borrowing costs as maximum lending rates charged by banks rose   to as high as 46 per cent. Vanguard analysis of banks’   deposit and lending rates published by the Central Bank of Nigeria (CBN)   show that while prime lending rates largely hovered between […]