By Yinka kolawole Nigeria’s manufacturing sector may struggle to sustain a recovery unless persistent cost pressures are addressed, analysts have warned, despite tentative signs that business activity is beginning to stabilise. Although the Purchasing Managers’ Index (PMI) for manufacturing edged up to 50.10 in June from 49.6 in May, experts say the marginal improvement masks deeper […]

By Dele Sobowale FG budgets N1tn for empowerment, SUVs amid rising borrowing pressure – Report, July 27, 2026 Veterans monitoring the formulation and execution of annual budgets can honestly admit one truth. Military regimes were more disciplined. Every annual budget ended on midnight December 31 of the year. Funds not spent by that time were returned to […]

By Efe Onodjae The Nigerian Ports Authority (NPA) has dismissed claims that the Eastern Ports have been neglected, saying the Federal Government (FG) is investing in infrastructure upgrades to restore their competitiveness and attract more cargo traffic. Manager of the Rivers Port Complex, Kenechi Okaeze, gave the assurance during an interactive session with members of the […]

…Balance sheet nears N5 trillion By Babajide Komolafe Sterling Financial Holding Company Limited has recorded a 31.5 per cent growth in gross earnings to N279. 6 billion in the half-year ended 30 June 2026 over the corresponding period in 2025. The parent company of Sterling Bank disclosed this in its unaudited results for the half-year ended […]

By Gift ChapiOdekina, Abuja A civil society organisation, Nigeria Citizens’ Watch for Good Governance (NCWGG), has rejected calls for the resignation of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bashir Bayo Ojulari, describing the demand as unfounded. The group said allegations over the company’s expenditure on energy security […]