Business

Stock market experts optimistic on H2’26 but warn investors

…Strong performance does not eliminate investment risk – CIS boss …Strong market performance should not lead to policy complacency – Uwaleke …Investors have made more money from the market than any other – Kurfi …Market will continue to rally upwards but… – Amolegbe …Uncertainties over 2027 election remain a possible headwind – Adonri By Peter […]
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How to invest your money wisely (1)

 A huge number of people lose money to bad investments because they do not know what to consider before putting their money in any investment offer.

NEM Insurance Revenue for Q2 2025 soars to ₦75.41bn as sector grosses ₦1.2tn

Insurance companies in Nigeria have continued to demonstrate resilience in premium generation, as the industry’s gross written premium (GWP) surged to ₦1.21 trillion in the second quarter of 2025 — representing a 49.3% year-on-year growth compared to the same period in 2024, and a 57.8% quarter-on-quarter increase.

Customs launches digital vehicle verification system to tackle smuggling

By Godwin Oritse  The Nigeria Customs Service (NCS) has launched a new digital verification platform designed to curb vehicle smuggling, enhance transparency, and strengthen accountability in the automobile importation process. The initiative, known as the Customs Verification Management System (CVMS), was officially unveiled at the Customs Headquarters in Abuja by the Comptroller-General of Customs, Adewale Adeniyi. […]

REFORMS: LCCI projects positive year-end economic outcome

By Yinka Kolawole At the backdrop of the economic reforms of the federal government (FG), the Lagos Chamber of Commerce and Industry (LCCI) has projected the Nigerian economy to end this year on a positive note if the current reform efforts are sustained. LCCI President, Gabriel Idahosa, expressed this optimism yesterday, in Lagos, at a media […]

UBA, Renewvia commission solar systems across 25 branches

…Strengthens Nigeria-Norway clean energy collaboration In a significant stride toward deepening economic ties between Nigeria and Norway, United Bank for Africa (UBA) has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states. The initiative was formalised at the official Ribbon Cutting ceremony held at the UBA Oba […]

FG’s revenue up 68% to N20.9trn in 2024 — Budget Office

  By Yinka Kolawole, with agency report The federal government’s  (FG) total revenue inflow increased by 68.11 percent to  N20.98 trillion  in 2024 compared to  N12.48 trillion recorded in 2023, the  budget office of the federation has disclosed in  its fourth quarter (Q4) 2024 budget implementation report. The report, however, noted that the figure was N4.89 […]

LG, Ecobank partner to drive smart living with flexible financing solutions

By Cynthia Alo   LG Electronics Nigeria has announced a partnership with Ecobank Nigeria to offer flexible financing options that allow consumers to own LG’s latest range of AI-powered Smart TVs, washing machines, refrigerators, and air conditioners without the burden of full upfront payment. The partnership, unveiled at Ecobank headquarters in Lagos with the theme , ‘From […]

Stock market capitalisation inches towards N100trn

By Peter Egwuatu  Nigeria’s equity market climbed to a new high, yesterday, extending its rally on the back of broad economic reforms and improving investor sentiment.   The NGX market capitalisation chasing a N100 trillion mark closed on Thursday at N98.059 trillion, while All-Share Index (ASI) advanced 0.49 per cent   to close at 154,489.90 basis points from […]

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