FG’s crude export earnings dip 14% to $31.54bn in 2025 — CBN
By Ediri Ejoh The Federal Government’s (FG) crude oil export earnings fell 14.41 percent to $31.54 billion in 2025 from $36.85 billion recorded in the corresponding period of 2024. The drop was attributed to lower international crude oil prices arising from a global supply glut in the review period. The Central Bank of Nigeria, CBN, made […]
CBN, Bank of Angola sign MoU to boost bilateral technical cooperation
By Emeka Anaeto, Business Editor, Babajide Komolafe, & Emma Ujah, The Central Bank of Nigeria, CBN, and the Bank of Angola, yesterday, signed a Memorandum of Understanding, MoU, aimed at fostering closer bilateral relations and enhancing capacity in central banking operations. The signing ceremony, attended by senior officials and distinguished guests, saw the Governor of the […]
MAN, Dangote seek legislative backing for ‘Nigeria First’ policy
By Yinka Kolawole & Providence Ayanfeoluwa The President of the Manufacturers Association of Nigeria (MAN), Francis Meshioye, and the President of Dangote Group, Aliko Dangote have emphasized the need for the Federal Government to back up the ‘Nigeria First’ policy with enabling legislation that will ensure its enforcement across all ministries, departments and agencies (MDAs). They […]
National grid loses 4,091 MWh/h in September
By Ediri Ejoh Despite huge eesources sucked in the power sector over the years, Nigeria’s national grid recorded a loss of 4,091 MWh/h due to its under- capacity to wheel more from the Generating Companies (GenCos). This was revealed in the September 2025 Operational Performance Factsheet released by the Nigeria Electricity Regulatory Commission, NERC, yesterday. According to […]
Optiva Capital Partners reaffirms leadership in Africa’s investment immigration industry
By Babajide Komolafe Chairman of Optiva Capital Partners, Franklin Nechi, has reaffirmed the company’s unmatched leadership in the fast-growing global migration and investment immigration industry, describing Optiva as “the bridge that connects African potential to global possibilities.” Speaking at an interactive media session with select business editors in Lagos, Nechi noted that the demand for second citizenship […]
Inflation rate slows, first time in 3 yrs, to 18.02%
•Inflation easing should be consolidated through decisive, well-targeted policy action —CPPE •At 18.02%, inflation rate is still far from the CBN long-run target of 9%—Prof. Uwaleke By Peter Egwuatu, Assistant Business Editor & Elizabeth Adegbesan Nigeria’s inflation rate eased by 2.1 percentage point to 18.02 percent in September 2025 from 20.12 percent in August 2025. This is […]
Customers express satisfaction with NEM Insurance Services
By Rosemary Iwunze NEM Insurance Plc, one of the top three insurance companies in Nigeria and currently number one non-life licenced insurance company by insurance revenue in the insurance industry received tremendous accolades from various customers in this year’s Customers Service week. The Customer Service Week provided an avenue for companies to renew their relationships […]
Stock market records N20bn gain
The stock market reversed losses by 0.02 per cent on Wednesday, recording N20 billion gain for investors after a day negative run.
Nigeria’s trade surplus climbed to 6% – Cardoso
He said that there was a link between disciplined fiscal and monetary policies, economic growth, and a gradual reduction in inflationary pressures.
Nigeria’s inflation rate drops to 18.02% in September
The National Bureau of Statistics (NBS) disclosed this today in its Consumer Price Index (CPI) Report for September 2025.
Transcorp wins big at Seven Star Luxury Awards
The highly rated global event saw Transcorp Hotels emerge as a standout winner across three key categories.
