•As August turns out 0.3% gain By Peter Egwuatu   Profit taking has continued to trail the stock market but the investors gained Month-on-Month, MoM, in August 2025 by 0.3% following the positive sentiments that sustained the market for most part of the month. Financial Vanguard MoM analysis shows that the Nigerian Exchange Limited, All Share Index, […]

* Tasks manufacturers on forex diversification *Economic reforms shouldn’t destroy businesses — MAN By Yinka Kolawole Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that incentives should be targeted at manufacturers that are producing for exports. He stated this at the 54th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria […]

By Emma Ujah, Abuja Bureau Chief   The Nigeria Central Bank (CBN) and its Brazilian counterpart, Banco Central do Brasil, have agreed to deepen their economic and financial cooperation. CBN Governor, Mr. Olayemi Cardoso,   has held talks with his Brazilian counterpart, Gabriel Muricca Galípolo, to that effect, the apex bank indicated in a statement in Abuja, over […]

Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria (CBN).

Keystone Bank Limited has signed a landmark Memorandum of Understanding (MoU) with the Lagos Chamber of Commerce and Industry (LCCI) to further support Micro, Small, and Medium Enterprises (MSMEs) in Nigeria.

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Temi Popoola, has emphasized the critical role of capital markets in strengthening Nigeria, Brazil trade and investment ties, particularly by creating growth opportunities for small and medium-sized enterprises (SMEs).

By Babajide Komolafe The Nigeria Economic Summit Group, NESG, has called on the Federal Government to anchor its economic growth objectives on productivity and not inflation.   Making this call in a report on the outcome of the  Gross Domestic Product, GDP, rebasing exercise recently concluded by the National Bureau of Statistics, NBS,  NESG said: “The rebasing […]

He emphasised that the strengthening of the exchange rate and improved remittance channels mean Nigerians abroad no longer need alternative routes to send money home.

This agenda is part of the Group’s over six-decade strategy of building local content and reducing dependency on imported raw materials.

AI powerhouse Nvidia reported quarterly earnings Wednesday that beat expectations, but shares slipped amid concerns about an AI chip spending bubble and the company’s stalled business in China.