By Providence Ayanfeoluwa Nigeria manufacturing sector has been described as a crucial industry, as recent data has shown the nation’s packaging market stood at N2.5billion George Pearson, Regional Director, Montgomery Group, who stated this at the ongoing 12th edition of Propak West Africa (the premier trade event for packaging, plastics, printing, and processing in the region) […]

Sterling Financial Holdings Company Plc (Sterling HoldCo) says it is on track to sustain its growth momentum into the final quarter of 2025, projecting gross earnings of ₦149.27 billion for the period ending December 31.

•Oyedele defends 5% fuel surcharge, says not to burden Nigerians •FG gazettes tax reform laws, implementation to begin January 2026 By Emma Ujah, Abuja Bureau Chief The Federal Government has no immediate plan to implement the 5 percent Petroleum Products Tax as contained in the Tax Administration Act, 2025.   The Minister of Finance and Coordinating Minister […]

By Peter Egwuatu The Central Securities Clearing System (CSCS) Plc, Nigeria’s premier clearing and settlement house, has received strong backing from capital market regulators and operators for its transition to a T+2 settlement cycle, scheduled to commence on 28th November 2025. This move marks a significant milestone in advancing efficiency, risk mitigation, and global competitiveness […]

By Obas Esiedesa, Abuja The Nigeria Extractive industries Transparency Initiative (NEITI) has urged civil society organisations (CSOs) to take a leading role in holding governments and companies accountable for their energy transition commitments. Executive Secretary of NEITI, Dr. Orji Ogbonnaya Orji, made the call in Abuja during a courtesy visit to the Executive Director of the […]

By Providence Ayanfeoluwa To strengthen maritime security and enhance anti-smuggling operations, the Nigeria Customs Service, NCS and Defence Research and Development Bureau, DRDB  have jointly tested a homebuilt airboat at Jabi Lake, Abuja. The locally developed vessel, designed to maneuver in shallow and hard-to-reach waterways, was inspected and taken on a test run by officers […]

… As outflow increases by 382.2% By Peter Egwuatu The Foreign Portfolio inflow on the Nigerian stock market has increased by 354.4 % to N609.73 billion in seven months of 2025 (7M’25) against N134.19 billion in seven months of 2022(7M’22). The domestic and foreign transactions report released by the Nigerian Exchange Limited, NGX showed that foreign […]

OPEC+ has decided to ramp up oil output by 137,000 barrels per day (bpd) in October.

With the resurgence of merchant banking in Nigeria’s financial landscape in recent years, the sector operators are beginning to indicate that it actually plays crucial role in the country’s economy especially in funding businesses.

By Mariam Eko CreditPRO Finance Company Limited has officially joined the league of Central Bank of Nigeria (CBN)-licensed financial institutions, following its official launch in Lagos last weekend.  The firm, which began operations in 2019 under a Lagos State lending licence, said the new milestone would scale its operations nationwide and deepen its role in supporting […]