By Udeme Akpan & Marther Godwin The President of the All-Farmers Association of Nigeria (AFAN),  Mohammed Magaji, has called on the Federal Government (FG) to establish a national committee to prevent conflicts affecting farmers, as insecurity continues to undermine agricultural productivity across the country. Magaji identified insecurity—particularly in the North-West and North-East—as a major factor […]

By Peter Egwuatu Shareholders of Nigerian Exchange Group, yesterday, unanimously endorsed its Board of Directors proposed bonus shares, dividend payout and other resolutions at the 65th Annual General Meeting, AGM, held in Lagos. The shareholders expressed satisfaction with the company’s performance, urging continued focus on growth and long-term value creation, as they approved the final dividend […]

By Mariam Eko Waltersmith Petroman Oil Limited has announced the successful expansion of its refinery capacity to 10,000 barrels per day (bpd). This was disclosed during an official inspection visit by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Content Development and Monitoring Board (NCDMB) to the company’s Phase 2 facility at […]

By Peter Egwuatu Nigeria’s infrastructure spending is projected to rise by 77 per cent to $40 billion by 2050, maintaining its position as Africa’s largest market and ranking 23rd globally, according to a new report by PwC. Speaking on Nigeria’s outlook, Chioma Obaro, Partner and Capital Projects and Infrastructure Leader, PwC Nigeria, said: “Nigeria already leads […]

French oil and gas giant TotalEnergies said Wednesday net profit rose 51 percent in the first quarter to $5.8 billion, boosted by higher oil prices linked to the war in the Middle East, drawing criticism from climate groups.

•As industry think-tank proposes airlines stabilisation plan to FG By Udeme Akpan, Energy Editor & Dickson Omobola Despite a pricing advisory by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, oil marketers have continued to sell aviation fuel, also known as Jet A1, to airlines at N2,230 per litre and above, deepening concerns across Nigeria’s […]

By Peter Egwuatu Shareholders of Guaranty Trust Holding Company Plc (GTCO) have commended the management for declaring a record dividend of N12.76 per share for the 2025 financial year, the highest in Nigeria’s banking sector. At the company’s 5th Annual General Meeting (AGM), investors praised the Group’s strong performance and compliance with the Central Bank of […]

By Cynthia Alo   Director-General of Lthe Raw Materials Research and Development Council (RMRDC), Prof. Nnanyelugo Ike-Muonso, has said Nigeria’s industrial transformation depends on a decisive shift from raw material exports to value addition, innovation and stronger domestic processing capacity. Speaking at the 10th Bullion Lecture organised by the Centre for Financial Journalism in Lagos, themed: “From […]

•Union Bank, Polaris, Keystone Banks on course President Bola Ahmed Tinubu has praised Olayemi Cardoso for leading reforms at the Central Bank of Nigeria (CBN), saying his policies are helping to rebuild Nigeria’s economy for long-term growth. Speaking after the March 31, 2026 deadline for bank recapitalisation, Tinubu described Cardoso as committed and focused. Specifically, he […]

•Bets on women-led SMEs for inclusive growth By Progress Godfrey Nigeria’s non-oil  export sector recorded a historic milestone in 2025, with export value hitting $6.1 billion and market reach expanding to 210 countries, the Nigerian Export Promotion Council, NEPC, has disclosed. Executive Director of NEPC, Nonye Ayeni, who made this known in Abuja at a conference […]