The Manufacturers Association of Nigeria (MAN) has commended the United Nations IndustrialDevelopment Organisation (UNIDO) for its efforts aimed at repositioning the manufacturing sector in Nigeria for sustained growth by adopting global best practices and methodologies. Director, Research and Economic Policy Division, MAN, Dr. Oluwasegun Osidipe, gave the commendation at the ‘MAN National Stakeholders Sensitisation Workshop of […]

…Despite 132% surge in total importation By Yinka Kolawole Capital inflows into Nigeria’s manufacturing sector suffered a sharp decline in the first nine months of 2025 (9M’25), even as overall capital importation into the country recorded a huge surge, figures from the National Bureau of Statistics (NBS) have shown. According to the data, capital importation into the […]

By Florencemary Nwabueze Depositors of defunct Heritage Bank whose money were trapped in the bank have appealed to President Bola Tinubu and the Central Bank Governor, Olayemi Cardoso, to ensure a swift and full reimbursement of all depositors affected by the liquidation of the bank. They also called for immediate bailout funds to the Nigeria Deposit […]

By Babajide Komolafe The Governor of  the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has disclosed that the nation’s Net External Reserves rose 50.5 per cent, year-on-year, to $34.8 billion in 2025 from $23.11 billion in 2024.   In a statement from the apex bank, Cardoso said that the growth in external reserves reflects stronger external […]

By Emma Ujah, Abuja Bureau Chief The Federal Government, FG, has commenced implementation of the Oil and Gas Revenues Executive Order 09. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, disclosing this in a statement yesterday said a Technical Committee has been set up to ensure payment of the affected revenues into […]

The event, on its 25th edition is also hoping to pull together about 2000 delegates with 150 speakers in a 50 conference sessions.

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 […]

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 […]

…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 […]

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 […]

…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 […]

…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 Plc has reported a 20.3 per cent revenue growth to N4.31 trillion for the year ended Dec. 31, 2025.

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 […]

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 […]