Nigeria’s trade surplus rises 91% to N7.55trn in Q1’26
By Progress Godfrey Nigeria recorded a 91 per cent, year-on-year, YoY increase in trade surplus to N7.55 trillion in the first quarter of 2026, Q1’26 from N3.95 trillion in the same period of 2025, Q1’25, driven by a sharp decline in imports and a modest rise in exports. The National Bureau of Statistics (NBS) disclosed this yesterday in […]
Dangote now 68th most powerful person— Forbes
President/Chief Executive, Dangote Industries Ltd, Aliko Dangote has been ranked among the World’s most powerful 72 people by Forbes Magazine.
My Staff Motivate Me — Flora
Flora Takim Ndifon, MD/CEO Flan Bedding, is a proactive person who runs an NGO for adult literacy together with most catholic parishes.
Shareholders okay Sterling Bank’s N20bn fund raising
Shareholders of Sterling Bank Plc have unanimously endorsed proposal by the Board of Directors of the bank to raise N20 billion by way of private placement in order to boost the company’s capital base.
Transport operations on LAMATA’s projects
The Lagos Metropolitan Area Transport Authority, LAMATA has three major projects with significant public transport components. The first is the Bus Rapid Transit, BRT, service between Mile 12 Ikorodu Road and Tafawa Balewa Square, Lagos Island. Dedicated bus lanes were created on Ikorodu Road, Western Avenue, Eko Bridge and the Outer Marina in Lagos at the inception of this service.
FG loses N1.7trn yearly to fraudulent practices, contract awards
The Federal Government says it loses $10billion (N1.7trillion) annually to fraudulent practices in the award of contracts and project reviews. The Director-General Bureau of Public Procurement, BPP, Mr. Emeka Muoma Ezeh, made the disclosure during the opening ceremony of the First National Conference on Public Procurement in Abuja .
