By Peter Egwuatu   The Nigerian stock market ended last week on a positive note, following the Central Bank of Nigeria, CBN’s Monetary Policy Committee, MPC’s   cut in the Monetary Policy Rate, MPR by 50 basis points, bps. Consequently, the late-session gains on the final two trading days more than offset the weak outturns in the earlier […]

The volume of trade between Nigeria and China increased by 34.7% to $15.48 billion between January and July 2025 (H1’25) compared to the same period in 2024 (H1’24).  China’s Consul General in Lagos, Yan Yuqing, disclosed this during a reception to mark China’s 76th founding anniversary, Nigeria’s 64th independence anniversary, and the Mid-Autumn Festival. Yuqing revealed […]

The Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi,  said that the Nigeria Customs Service (NCS) has developed a new one-stop trade platform aimed at fast-tracking clearance of goods. Adeniyi said the “One-Stop-Shop” trade platform is aimed at simplifying manufacturers’ interactions with customs and other regulatory agencies. According to him, the platform will drastically reduce bureaucracy, […]

…Surges 159% to N1.87trn in H1’25  By Yinka Kolawole In spite of moves by the federal government mandating value addition before export, the value of raw materials exported from Nigeria rose drastically, year-on-year (y/y), by 159 percent to about N1.87 trillion in the first half of 2025 (H1’25) from N719.66 billion recorded in the corresponding period […]

Nigeria Governors Forum (NGF) Corporate Council on Nigeria (CCA) and Cavista Holdings have announced partnership during a Gala Night in New York, United States of America on the sidelines of the 80th Session of the United Nations General Assembly (UNGA), to drive foreign direct investment and end food insecurity in Nigeria.

Some depots had increased prices to N870 per litre from N835 per litre following the suspension of sales in Naira

By Godwin Oritse   THE Nigerian Exchange Limited, NGX, has commenced moves to attract the Nigeria Blue Economy sector to the capital market through the issuance of Blue Bond. Speaking to Vanguard on the sidelines of the quarterly citizens and stakeholders’ engagement organized by the Ministry of Marine and Blue Economy in Lagos, the Chief Executive Officer […]

By Godwin Oritse Truck Transit Parks  (TTP), promoters of the Electronic Call-up System (ETO), have revealed that Nigeria has lost over N2.5 trillion to inefficiencies in maritime transport logistics. The firm stated that investment in transport infrastructure and technology remains critical to unlocking the full trade potential of Nigeria’s ports, highways, and the wider regional […]

By Peter Egwuatu Femi Otedola, a significant shareholder and chairman of First HoldCo Plc, has increased his stake in the company with the acquisition of additional 64,878,668 million shares valued at N2,011,238,708. FBN Holdings disclosed the acquisition in two separate documents as required by the post listing requirement of the Nigerian Exchange Limited (NGX). According to […]

By Yinka Kolawole, with agency report The National Pension Commission (PenCom) has introduced a framework to guide pension fund administrators (PFAs) on engagement in securities lending and repurchase transactions (repos). Securities lending is a  transaction where securities are temporarily transferred from a lender to a borrower, typically in exchange for a fee or collateral, while Repos are the […]