Coastal Highway: We have moved beyond Epe, Umahi replies Duke

By John Alechenu ABUJA – Minister of Works, Engr. Dave Umahi, has said the Lagos-Calabar Coastal Highway project has moved beyond Epe in Lagos State and is currently ongoing across five states. Umahi stated this in response to concerns raised by former Cross River State Governor, Donald Duke, that the project might not progress beyond […]
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Firms expect borrowing cost to decline in 3 months

By Elizabeth Adegbesan Firms are expecting borrowing cost for banks’ loans to decline in the next three months deapite seeing rates elevated in July. This was contained in the Central Bank of Nigeria’s, CBN, latest Business Expectation Survey Report. CBN said: “Respondents expect borrowing rates to remain elevated across the same periods, as indicated by the […]

Manufacturers’ confidence rebounds despite high borrowing costs, power woes

By Yinka Kolawole Manufacturers’ confidence in Nigeria’s business environment rebounded in the second quarter of 2026 (Q2’26) buoyed by expectations of improved government policies and a more favourable operating climate. But the sector operators have continued to grapple with high borrowing costs, inadequate power supply, foreign exchange constraints and multiple taxation. The latest Manufacturers CEO Confidence […]

Dollar to Naira exchange rate today, August 7, 2026

The naira remained relatively stable against the United States dollar across both the official and parallel foreign exchange markets as traders monitored liquidity conditions and demand pressures.

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