Nigeria’s manufacturing upgrade tops China’s economic pact —Consul General
By Nkiruka Nnorom & Marvellous Chukwunenye The planned upgrade of Nigeria’s manufacturing sector is at the heart of a new economic partnership between Nigeria and China, the outgoing Consul General of China in Lagos, Ms Yan Yuqing, has said. Yuqing disclosed this at a reception marking the 77th anniversary of the founding of the People’s […]
Dangote explores investment opportunities in Burundi, meets with President
By Udeme Akpan Africa’s richest man, Aliko Dangote, paid a brief but strategically significant visit to Burundi, where he explored new investment opportunities and cemented plans to expand the Dangote Group’s presence across the continent. The visit included high-level talks with President Evariste Ndayishimiye at the presidential palace. Accompanied by former Nigerian President Olusegun Obasanjo, Dangote […]
Pension funds in infrastructure grows by 48.1% to N262.6bn
By Peter Egwuatu Nigerian pension funds investments in infrastructure funds grew by 48.1% year-on-year, YoY to N262.567 billion in 10 months ended October 2025, 10M’25, driven by diversification strategy and efforts to bridge the nation’s massive infrastructure gap. Vanguard’s findings from the latest data released by the Pension Commission of Nigeria, PenCom, showed that PFAs committed N262.567 […]
Tax revenue jumps 30% to N28.3trn in 2025
•NRS pushes reform agenda as FG targets N40.7trn Emma Ujah, Abuja Bureau Chief The Nigerian Revenue Service (NRS) generated N28.3 trillion in tax revenue in 2025, representing a 30 per cent increase over the N21.7 trillion recorded in 2024. Executive Director, Government and Large Tax, NRS, Hajiya Amina Kurawa, disclosed this in Abuja while presenting the […]
2027: Resolving Nigeria’s electoral ambiguity
As Nigeria edges towards the 2027 general elections, one institution must answer for the uncertainty hanging over the country’s electoral process: the Senate of the Federal Republic of Nigeria. The confusion surrounding the use of the Bimodal Voter Accreditation System, BVAS, and real-time transmission of election results did not arise by accident. It was legislated […]
Crude oil nears $70 as US-Iran tensions rattle market
By Udeme Akpan Crude oil prices climbed toward $70 per barrel, up from $67 last week, as rising tensions between the United States and Iran heightened fears of supply disruptions. The rally followed the collapse of nuclear talks in Oman, which failed to bridge differences between both countries. Market sentiment was further jolted after the US […]
