Dangote to launch own shipping fleet to boost maritime operation
Diaspora inflows hit $600m monthly — Cardoso
AI giant Nvidia beats earnings expectations but shares fall
FG, Nestle tackle N455bn annual loss from unsafe water, others
DDmfb reiterates commitment to empowering MSMEs
PenCom recoveries from defaulting employers rise 503.7% in Q1’25
NESG recommends economic stabilization, growth priorities for FG
Access Bank CEO Roosevelt Ogbonna resigns from holdings’ board
2025 Budget: FG records 18.9% shortfall in crude oil output
NBCC, Moniepoint commit to unlocking access to finance for MSMEs
Stock market sustains bullish trend, records N203bn gain
Fuel price increased by 33% in July – NBS
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SubscribeStockbrokers advocate urgent reforms to grow Nigeria’s $1trn economy
Stockbrokers, under the banner of the Chartered Institute of Stockbrokers (CIS), have called on the Federal Government to initiate urgent economic reforms aimed at repositioning the Nigerian capital market as a key driver in achieving the country’s $1 trillion economy target.
Manufacturing’s VAT contribution up 39% to N803.5bn
•Remains top contributor in 4yrs By Yinka Kolawole The contribution of Nigeria’s manufacturing sector to Value-added Tax (VAT) increased by 38.93 percent to N803.5 3 billion in 2024 compared compared to the N578.39 billion recorded in 2023. Data obtained from the National Bureau of Statistics (NBS) also shows that despite its declining output, the nation’s manufacturing sector […]
SEC warns against investing with GVEST Global
The Securities and Exchange Commission (SEC) has cautioned Nigerians against doing business with GVEST Global, saying the company is an unregistered investment adviser and fund manager promoting illegal schemes. In a statement yesterday, the regulator said GVEST Global also operates under different names, including GVEST (Alausa) Cooperative Multipurpose Limited, GVEST Investment Limited, and GTEXT Holdings. “The […]
ECONOMY: Declining manufacturing, agric sectors threaten Nigeria’s industrialisation
…As services sector takes driving seat ··Manufacturing loses N1.2trn in 5 years —Report •FDI plummets amid waning investors’ confidence •Rebasing exposes sector’s structural weakness —MAN •Nigeria struggling with de-industrialisation, says NESG •Manufacturing should contribute 40% to GDP —Ekpo By Yinka Kolawole THERE is a growing concern among industry stakeholders as the gap between real and services […]
Sell pressures deflate stock market as investors lose N2.3trn in 5 days
By Peter Egwuatu THE Nigerian stock market deepened its bearish run last week, driven by sell pressures among the blue chip companies in almost all the sectors of the market. As a result, the major performance indicator of the market, Nigerian Exchange Limited, NGX, All Share Index (ASI) fell by 2.51% to close at 141,004.14 points. […]
Chams showcases growth, future prospects at investor roadshow
Chams Holding Company Plc, has hosted a highly engaging investor roadshow in connection with its ongoing Rights Issue, drawing key stakeholders and investors to discuss the company’s strategic direction and growth outlook.
Investor confidence soars as WealthBridge secures double rating boost
WealthBridge Asset Management Limited, a subsidiary of WealthBridge Financial Services (Holdings) Limited, has received an upgraded investment ratings from Nigeria’s leading credit agencies, Agusto & Co., and DataProLimited affirming its growing market leadership, operational strength, and investor confidence.
Keystone Bank hands over renovated school block to Akwa Ibom Government
Keystone Bank Limited, on Tuesday, officially handed over a fully renovated and equipped block of classrooms to Community Comprehensive Secondary School, Four Towns, Uyo, Akwa Ibom State.
Nigerian Engineer champions 60% cost cuts in Nigeria’s oilfield operations
In a sector defined by complexity and high operating costs, Dr. Hope Okwa is charting a new course for Nigeria’s oil and gas industry—driven by innovation, efficiency, and a clear vision for sustainable growth.
Insurance stocks lead NGX rally with N6.2bn in weekly trade
Insurance sector closed the week on a high note, with investors trading 2.1 billion shares valued at N6.2 billion on the Nigerian Exchange Ltd. (NGX).This positive performance was driven by 17 insurance companies.
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