By Yinka Kolawole  In order to achieve Nigeria’s aspiration to become a $1 trillion economy by 2030, the Manufacturers Association of Nigeria (MAN) has tasked the federal government to prioritise industrial-led development. Director General of MAN, Segun Ajayi-Kadir, who gave the charge in a chat with Vanguard, said that industrial transformation must be the anchor of Nigeria’s […]

With eight banks already meeting the recapitalisation requirements, and others making progress towards the deadline, the Central Bank of Nigeria (CBN) says it will   sustain its oversight of the banking system. The move is expected to ensure continued resilience, safety and soundness of the financial system. Besides, the Monetary Policy Committee (MPC) members recently acknowledged the continued […]

The Manufacturers Association of Nigeria (MAN) has urged seamless implementation of the Single Inter-State Road Tax Sticker (SIRTS) and Single Haulage Fee (SHF) initiatives to curb illegal road taxes and reduce the overall burden of multiple taxation on businesses across the country. Director-General of MAN , Segun Ajayi-Kadir, made the call at a strategic dialogue workshop […]

Chams Holding Company Plc, has finalised plans to raise N7.65 billion through a combination of a Rights Issue to existing shareholders and a Private Placement Offer to  strengthen the company’s financial position, support long-term growth, and deliver greater value to stakeholders.

Haldane McCall Plc, has disclosed plans to float a N250 billion bond to provide affordable houses for Nigerians, amid a growing housing deficit.

…To pay cash dividend, bonus By Peter Egwuatu The NASD OTC Plc is on the verge of commencing digital securities offering in the third quarter of 2025, Q3’25, as it awaits the approval of the Securities and Exchange Commission, SEC. The NASD, has also concluded plans for the first time to pay cash dividend and […]

Members of the Ekiti State Caucus in the House of Representatives have commended Cavista Holdings for its significant contributions to agriculture and tourism during a recent visit to two of the company’s flagship investments — Agbeyewa Farms and the Ikogosi Warm Springs Resort and Conference Centre.

A data protection compliance organisation (DPCO) in Nigeria, DataPro Limited, has emphasised the importance of conducting a Data Protection Impact Assessment (DPIA) in Nigeria, highlighting the regulatory obligation and the benefits of their service, including customised risk assessment and compliance support.

From the soil of Northern Nigeria, from where grains are sourced, to the bubbling breweries in the South that bottle joy, and finally to your glass, beer is more than just a beverage.

Executives have also confirmed plans to list the refining arm on both the London and Lagos stock exchanges.

By Elizabeth Adegbesan Banks’ deposit with the Central Bank of Nigeria, CBN, rose sharply by 783.7 percent, year-on-year, YoY,  to N79.8 trillion in the first seven months of the year (7m’25) from N9.03 trillion in the corresponding period of 2024 (7m’24), indicating excess liquidity in the banking system. CBN has two short term lending windows for banks, […]

By Yinka Kolawole, with agency report The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has faulted the decision of the Nigerian National Petroleum Company Limited (NNPCL) not to privatise the Port Harcourt Refining Company (PHRC). In a statement, PETROAN’s spokesperson, Joseph Obele, expressed the association’s disappointment with the decision by NNPCL to retain the refinery […]

By Udeme Akpan Spaces for Change (S4C), Nigeria Extractive Industries Transparency Initiative (NEITI), National Oil Spill Detection and Response Agency (NOSDRA), and other stakeholders have called for a sustainable development of Nigeria’s mineral sector with increased participation of host communities. The stakeholders made the call at the ongoing National Extractive Dialogue 2025 (NED) with the theme, […]

By Elizabeth Adegbesan Nigeria spent N146.11 billion on motorcycle importation in the first quarter of this year (Q1″25). According to the National Bureau of Statistics, NBS, Foreign Trade in Goods Statistics for the review period,  the Q1’25 figure represents a  N28 billion or 24.4 percent year-on-year (YoY) increase when compared to N117.4 billion spent in the […]

By Emeka Anaeto, Business Editor Amidst ongoing efforts to increase access to credit for more Nigerian businesses and individuals, the leadership of the National Credit Guarantee Company, NCGC, has said that it is now ready to de-risk lending across Nigeria’s financial markets. Speaking at the inaugural stakeholders’ engagement forum in Lagos, Managing Director of NCGC, Mr. […]