Manufacturing growth doubles as GDP contribution slips in Q1’26
*Weak manufacturing base threatens economic gains – CPPE By Yinka Kolawole Nigeria’s manufacturing sector recorded a significant improvement in output in the first quarter of 2026 (Q1’26), with growth more than doubling year-on-year. However, concerns persist over the sector’s declining contribution to the nation’s Gross Domestic Product, GDP, amid warnings that a weak industrial base could […]
CBN extends PoS geo-fencing deadline to July 31
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has extended the deadline for enforcement of its Point of Sale (PoS) terminal geo-fencing framework to July 31, giving more room for compliance. This was disclosed in a circular issued by the CBN Director of the Payments System Supervision Department, Rakiya Yusur. The CBN […]
Stock market sustains bullish run, recovers from previous week’s losses
By Peter Egwuatu The Nigerian stock market sustained its bullish momentum in May 2026 as investors gained over N4.514 trillion during the month. Meanwhile, Week-on-Week, WoW, the market, last week, also recovered from the losses it recorded previous week to post a N431 billion gain at close of trading last Friday. In the month of May, […]
Federal workers reject N100,000 minimum wage proposal
According to the communiqué, the implementation of the N70,000 national minimum wage has fallen short of workers’ expectations and has failed to improve their purchasing power.
‘No one is better off under Tinubu’s govt’ — SDP’s Adebayo
According to him, the benefits of government policies have not translated into improved living conditions for ordinary Nigerians.
Jonathan being asked to carry “PDP’s coffin”, not rescue it — Shehu Sani
Former Kaduna Central senator, Shehu Sani, has criticised moves by a faction of the Peoples Democratic Party, PDP, to draft former President Goodluck Jonathan into the 2027 presidential race, describing the effort as belated and politically motivated. Sani made the remark in a post on his X platform on Monday while reacting to the adoption […]
