Business

Stanbic IBTC, Abia State partner to deepen MSME growth

Stanbic IBTC, Abia State partner to deepen MSME growth

By Peter Egwuatu Stanbic IBTC Bank has affirmed its commitment to accelerating the growth of Micro, Small and Medium Enterprises (MSMEs) across Nigeria through strategic partnerships with state governments and institutions committed to creating enabling environments for businesses to thrive. The bank made this commitment during its Nigeria Business Summit Regional Tour held in Aba, in […]
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Kale warns: Discipline key to sustaining Nigeria’s economic stability

Kale warns: Discipline key to sustaining Nigeria’s economic stability

By Babajide Komolafe Group Chief Economist at Afreximbank, Dr Yemi Kale, has warned that Nigeria’s emerging macroeconomic stability could be short-lived without sustained policy discipline, stressing that credibility remains critical to attracting long-term capital and shielding the economy from external shocks. Speaking at the FirstBank 2026 Nigerian Economic Outlook session, Kale said recent improvements in inflation […]

Nigeria’s average oil output rises 7% to 1.652m bpd in 11 months

Nigeria’s average oil output rises 7% to 1.652m bpd in 11 months

By Udeme Akpan, Energy Editor Nigeria’s average oil output, including condensate, increased year-on-year to 1.652 million barrels per day in the first 11 months of 2025, from 1.544 million bpd in the corresponding period of 2024, indicating a 7 percent increase. Despite this, Nigeria did not meet its 2025 budget target of 2.06 million bpd during […]

5.36m electricity customers remain without meters — NERC

5.36m electricity customers remain without meters — NERC

By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, leaving them exposed to the unpredictable estimated billing methods by distribution companies (DisCos). According to the Commission’s third-quarter 2025 industry report published on its website, as of 30 September 2025, only 6.662 million   of the 12.030 […]

SEC to intensify market enforcement in 2026 under ISA — DG

SEC to intensify market enforcement in 2026 under ISA — DG

By Peter Egwuatu  The Securities and Exchange Commission (SEC) has announced plans to significantly step up enforcement of market rules in 2026, following the enactment of the Investments and Securities Act (ISA) 2025, as part of efforts to strengthen investor confidence and market integrity. The Director-General of the SEC, Dr. Emomotimi Agama, disclosed this while outlining […]