…As services sector takes driving seat ··Manufacturing loses N1.2trn in 5 years —Report •FDI plummets amid waning investors’ confidence  •Rebasing exposes sector’s structural weakness —MAN  •Nigeria struggling with de-industrialisation, says NESG  •Manufacturing should contribute 40% to GDP —Ekpo  By Yinka Kolawole THERE is a growing concern among industry stakeholders as the gap between real and services […]

By Peter Egwuatu  THE Nigerian stock market deepened its bearish run last week, driven by sell pressures  among the blue chip companies in almost all the sectors of the market. As a result, the major performance indicator of the market,  Nigerian Exchange Limited, NGX, All Share Index (ASI) fell by 2.51% to close at 141,004.14 points. […]

Chams Holding Company Plc, has hosted a highly engaging investor roadshow in connection with its ongoing Rights Issue, drawing key stakeholders and investors to discuss the company’s strategic direction and growth outlook.

WealthBridge Asset Management Limited, a subsidiary of WealthBridge Financial Services (Holdings) Limited, has received an upgraded investment ratings from Nigeria’s leading credit agencies, Agusto & Co., and DataProLimited affirming its growing market leadership, operational strength, and investor confidence.

Keystone Bank Limited, on Tuesday, officially handed over a fully renovated and equipped block of classrooms to Community Comprehensive Secondary School, Four Towns, Uyo, Akwa Ibom State.

In a sector defined by complexity and high operating costs, Dr. Hope Okwa is charting a new course for Nigeria’s oil and gas industry—driven by innovation, efficiency, and a clear vision for sustainable growth.

Insurance sector closed the week on a high note, with investors trading 2.1 billion shares valued at N6.2 billion on the Nigerian Exchange Ltd. (NGX).This positive performance was driven by 17 insurance companies.

By Godwin Oritse Vecturis, a Belgian rail operations and management company, has signed a Technical Support and Investment Agreement (TSIA) with Nigeria’s Traxport Rail Services Ltd. The agreement marks a key step in Vecturis’ commitment to supporting modern, efficient, and sustainable rail freight operations in West Africa. Through the partnership, Vecturis will provide technical expertise and […]

By Providence Ayanfeoluwa The Customs Area Controller of Apapa Port Command, Comptroller Babatunde Olomu, has said the Command was committed to staying ahead of smugglers by leveraging intelligence and ensuring strict enforcement of regulations to prevent the importation of prohibited items. Speaking at a meeting with the Director, Inspection and Enforcement Directorate of the National Agency […]

By Obas Esiedesa and Ediri Ejoh Monthly revenue collected by electricity distribution companies (DisCos) dropped in June to N182.11 billion, 4.93 percent below N191.57 billion recorded in May, latest data from the Nigerian Electricity Regulatory Commission (NERC) has indicated. The figures contained in the ‘Commercial Performance of Distribution Companies Factsheet for June 2025’ released by the […]

The Foreign Portfolio inflow on the Nigerian stock market has dropped by 30.7% to N50.48 billion in July 2025 against N72.82 billion in June 2025.

The project will be rolled out in a strategic first phase covering 10 hectares of prime industrial land.

By Godwin Oritse MARITIME operators within Nigerian territorial waters are under increasing pressure to comply with international environmental standards, as the Nigerian Maritime Administration and Safety Agency (NIMASA) intensifies enforcement of the International Convention for the Prevention of Pollution from Ships (MARPOL), particularly Annex VI, a section of the convention initiated by International Maritime Association, IMO. […]

…as Osifo calls for workers’ safety By Johnbosco Agbakwuru ABUJA — THE Group Chief Executive Officer, GCEO, of the Nigeria National Petroleum Company Limited, NNPCL, Engr. Bayo Ojulari, on Wednesday said despite abundant reserves, Nigeria’s oil production has not matched her potential and called for a change of that narrative. This is as the President of […]

By Udema Akpan The 2025 edition of the Gas Investment Forum (GIF), will serve as a central platform for strategic dialogue around Nigeria’s gas monetization agenda and energy-driven industrialisation efforts. Accordingly, experts such as Ms. Olubukola Arowolo Verheijen, Special Adviser to President Bola Ahmed Tinubu on Energy; Ed Ubong, Coordinating Director of the Decade of Gas […]