By Victor Ahiuma-Young The Shipping Branch of the Maritime Workers’ Union of Nigeria, MWUN, has decried the growing upsurge in the casualisation of workers by shipping companies and terminal operators in Nigeria. The President of the branch, Olufemi Abass, in a statement issued through MWUN’s Head of Media, John Ikemefuna, lamented that such unfair labour employers […]

By Elizabeth Adegbesan  The value of transactions  through Automated Teller Machines rose by 197.86 percent year-on-year (YoY)  to N36.34 trillion in the first half of 2025 (H1’25) from N12.2 trillion in the corresponding period of 2024 (H1’24). Vanguard analysis of data from the Central Bank of Nigeria,  CBN, Quarterly Statistical Bulletin for H1’25 showed that the […]

•Reverses $0.27bn deficit in Q2’25 •Financial account turns positive at $0.32bn •Goods trade supports economy with $4.94bn surplus By Babajide Komolafe Nigeria’s financial transactions with the rest of the world improved markedly in the third quarter of 2025 (Q3’25), as the country recorded a Balance of Payments (BOP) surplus of $4.60 billion, reversing the deficit of $0.27 […]

By Adeola Badru An Ibadan-based industrialist and First Deputy President of the Ibadan Chamber of Commerce, Industry, Mines and Agriculture (IBCCIMA), Chief Emmanuel Folorunso Ogunnaike, MFR, has commended the President of Dangote Group, Alhaji Aliko Dangote, for his intervention in Nigeria’s petroleum sector, which has led to reduced petrol pump prices and improved fuel availability nationwide. […]

Trading activities reflected cautious optimism as investors continued to realign portfolios ahead of the year-end, while selectively accumulating stocks with solid fundamentals and improving price momentum.

Nigeria’s banking system remains fundamentally stable, sound and resilient, a cornerstone of financial stability.

As MRS begins N739/litre sales By Obas Esiedesa, Abuja Following the reduction in the pump price of petrol by the Dangote Refinery, motorists in the Federal Capital Territory (FCT) have urged the company to increase the number of its partner retail outlets to make the product more readily available in the nation’s capital. Dangote Refinery last […]

By Juliet Umeh Nigeria has emerged as a continental leader in Africa’s fast-growing digital payments ecosystem, as instant payment systems across the continent processed transactions worth nearly $2 trillion in 2024, according to a new report.   The State of Inclusive Instant Payment Systems, SIIPS, 2025 Report, released by the AfricaNenda Foundation in partnership with the World […]

By Emma Ujah, Abuja Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Shehu, has said the implementation of new tax laws, starting January 1, 2026, will reduce the burden of compliance and create a more predictable fiscal environment. Shehu made this remark at the National Stakeholders’ Discourse themed “Enhancing Fiscal Efficiency and […]

•As consumption hits 52.1m litres By Ediri Ejoh 7 The supply of Premium Motor Spirit (PMS), also known as petrol, increased to 71.5 million litres per day in November 2025 from 46million litres per day in October, indicating an increase of 55 per cent. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said the volume […]