CBN unveils new FX guidelines, approves cash movement of $50,000
Nigeria’s money supply drops slightly to N123trn
BDAN appoints Olorunshola Chairman Board of Directors
Total pension funds assets rise by 1.9%
Middle East crisis: Cooking gas surges 40% to N1400 per kg
VAT revenue rises 34% to N6.4trn in 9 months
VAT revenue rises 34% to N6.4 trn in 9 months
China’s trade bureau set to partner West Africa IMT summit
Manufacturing’s share of capital inflows shrinks to 2.76%
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SubscribeNOG Energy week gears up for epic participation
The event, on its 25th edition is also hoping to pull together about 2000 delegates with 150 speakers in a 50 conference sessions.
Why Africa’s energy transition must start with infrastructure
By Ifeanyi Ajuluchukwu, Chief Executive Officer, Montserrado When the world looks at Africa, it often sees extremes. Some see a continent powered by youth, creativity, and vast natural resources, while others see fragility, power shortages, poverty, and climate vulnerability. Yet beneath every narrative lies a deeper truth – Africa has everything it needs to claim […]
NIMASA rallies stakeholders on IMO GreenVoyage2050 plan
By Godwin Oritse The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to providing regulatory leadership, technical coordination, and strong stakeholder engagement to drive the development and effective implementation of a robust National Action Plan on maritime decarbonisation in Nigeria. Speaking at a stakeholders’ workshop on development of a National Maritime Decarbonization Action […]
NGX Group records N15.6bn profit, declares N3.00 dividend
…Issues 1 for 3 bonus By Peter Egwuatu The Nigerian Exchange Group, NGX Group has the recorded N15.6 billion Profit Before Tax, PBT, in its audited results for the year ended 31 December 2025, up from N13.6 billion in the corresponding period 2024. The Exchange also declared N3.00 per share dividend and a bonus of one […]
Lafarge Africa revenue surges 53% to N1.1trn
By Peter Egwuatu Lafarge Africa Plc has announced a revenue milestone of N1.1 trillion in 2025, representing a 53% surge from N696.8 billion recorded in the corresponding period of 2024. Profit After Tax (PAT) rose from N100.1 billion in 2024 to N273 billion representing a 173% increase. The company said this performance is underpinned by volume-led […]
Decline in import bills triggers $1.28bn trade surplus
…As low domestic demand reduces oil import By Elizabeth Adegbesan Nigeria recorded a $1.28 billion trade surplus in November 2025, representing a 4.1 percent month-on-month increase compared to a N1.23 billion surplus recorded in the previous month, October. This development was triggered by an 8.07 percent decline in import bill during the review period. Breakdown […]
STOCKS: Investors gain N17.6trn in February
…Incur N1.4trn loss last week By Peter Egwuatu The stock market has recorded significant milestones, with investors gaining N17.6 trillion in February 2026, the highest monthly gain ever in the history of the Nigerian capital market. However, the investors lost over N1.4 trillion Week-on-Week, WoW, following sustained profit-taking as cautious sentiment persists. A review of the […]
Dangote Cement revenue hits N4.31trn as profit tops N1trn
Dangote Cement Plc has reported a 20.3 per cent revenue growth to N4.31 trillion for the year ended Dec. 31, 2025.
FG extends ban on Shea nut export to boost domestic processing
By Peter Egwuatu, with agency report The Federal Government has extended its ban on Shea nut exports by a year, reinforcing a drive to curb raw commodity shipments and boost local value addition. The extension takes effect from February 26, 2026, to February 25, 2027. Approving the ban, President Bola Tinubu said that Nigeria is trying to […]
CAC business registration: Ambassador demands stronger crypto regulation
By Olasunkanmi Akoni An Ambassador to the Corporate Affairs Commission, CAC, Mr Micheal Nwabufo, said Nigeria has moved beyond catching up with global standards and is now competing in instant business registration, stressing the need for stronger crypto regulation. Nwabufo, also known as Mike Premium, who made the call at a media briefing in Lagos, described […]
Weak gender law enforcement limits Nigeria’s economic growth — World Bank
By Yinka Kolawole, with agency report The World Bank has said that weak enforcement of gender equality laws and lack of parenthood support policies in Nigeria are constraining women’s participation in the workforce and also limits the country’s economic growth. In its Women, Business and the Law 2026 report, the bank said Nigeria scores 50 out of […]
Automaker Stellantis posts massive loss, pivots from EV
Troubled automaker Stellantis, behind brands like Jeep and Fiat, announced Thursday a net loss of 22.3 billion euros ($26.3 billion) for last year, blaming a lack of demand for electric vehicles.
Dangote Refinery charts industrial future with surfactant plant
By Providence Ayanfeoluwa Dangote Petroleum Refinery has announced plans to expand beyond crude processing into a fully integrated industrial hub, unveiling five major projects that aim to transform Africa’s manufacturing landscape. The project encompasses the ambitious expansion plan of a 400,000-tonne Linear Alkaline Benzene (LAB) plant to support detergent manufacturing across the continent. Addressing journalists during […]
Open budgeting, robust climate finance reporting key to effective action — BudgIT
By Progress Godfrey As Nigeria struggles with growing impact of climate change and weak public finance systems, BudgIT Foundation, a civic and fiscal policy advocacy organisation, has stated that open budgeting and robust climate finance reporting are crucial to the country’s ability to respond effectively. The organisation made this known during a stakeholder workshop held in Abuja […]
Payment security remains biggest barrier to bankable gas, Power projects — FirstCap MD
By Babajide Komolafe Managing Director/CEO of FirstCap Limited, Mr. Ukandu E. Ukandu, an investment banking firm and subsidiary of First HoldCo Plc., has reaffirmed that payment security remains the most decisive factor in determining whether gas and power projects in Nigeria secure financing. He shared this perspective during a panel discussion on project bankability at the […]
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