By Udeme Akpan, Energy Editor Nigeria is accelerating efforts to localise renewable energy manufacturing, increasing installed solar panel production capacity from 120 megawatts (MW) two years ago to about 300MW, with an additional 3.7 gigawatts (GW) in the pipeline as it positions itself as a West African hub. Managing Director of the Rural Electrification Agency (REA), […]

•Records $48.2m daily stablecoin volume   •Developers account for 4% of global talent •Finance sector dominates with 89% of investments By Juliet Umeh Nigeria’s Web3 ecosystem recorded strong growth in 2025, attracting $43 million in funding, more than double the $20 million raised in 2024. This is according to the latest industry report from a venture capital […]

By Babajide Komolafe & Udeme Akpan  There are indications that Nigeria and oil firms have earned about    $4 billion from the rise in price of crude oil triggered by the US/Israel-Iran war now in its seventh week.   The war that started on February 28th has so far lasted for 52 days as of yesterday.   Vanguard […]

By Nkiruka Nnorom The UK has completed its first trade and investment mission to Nigeria since the recent state visit by President Bola Tinubu. It is focused on turning high level agreements into practical commercial opportunities for businesses in both countries. Supported by the UK Department for Business and Trade and delivered by DMA Invest in […]

By Rosemary Iwunze Lasaco Assurance Plc wishes to inform shareholders and the investing public that its ongoing Rights Issue, duly approved by the Securities and Exchange Commission (SEC), is scheduled to close on May 13, 2026. This timeline provides eligible shareholders with sufficient opportunity to participate in the capital raising exercise. The offer comprises 9,236,321,546 […]

By Godwin Oritse Nigeria Maritime risks losing cargo to ports in neighbouring countries due to persistent inefficiencies, the Sea Empowerment & Research Center (SEREC) has warned in a new policy advisory, highlighting mounting structural pressure in the maritime sector. Titled “Maritime Reform at a Crossroads: Data Signals, Export Concerns, and the Urgent Need for Execution Discipline,” […]

By Peter Egwuatu The Bank of Industry (BOI) and the Raw Materials Research and Development Council (RMRDC) have sealed a strategic partnership agreement to strengthen Nigeria’s agricultural value-chain and boost the country’s Gross Domestic Product (GDP).   The agreement was formalised with the signing of a Memorandum of Understanding (MoU) between both organisations. The agreement was the […]

Sign MoU   on consumer protection, fraud control     By Juliet Umeh In a decisive move to curb rising electronic fraud and strengthen consumer protection, the Nigerian Communications Commission, NCC, and the Central Bank of Nigeria, CBN, have launched a portal that enables financial institutions to track fraudulent and suspicious phone lines across the country. The initiative, […]

President Bola Tinubu has approved a $75 million investment into Flutterwave as plans are nearing completion for the company’s initial public offering (IPO).

By Yinka Kolawole Nigerian Breweries (NB) Plc has highlighted strategies aimed at sustaining the company’s growth and protecting customers from pricing shocks occasioned by rising inflation. Finance Director, NB Plc, Maria Karaseva, outlined the strategies at the company’s 80th pre-annual general meeting media briefing held in Lagos. According to her, three major external risks have been […]

By Yinka Kolawole Manufacturers under the aegis of the Manufacturers Association of Nigeria have faulted the call by the World Bank for Nigeria to reinstate petrol import licences in order to stabilise fuel supply in the wake of the Middle East crisis. Reacting to the World Bank’s advice which it later clarified urging a reassessment in […]

By Emeka Anaeto, Business Editor Nigeria’s agriculture and food sector is set for a major insight sharing on the performance of the sector and way forward at the upcoming Vanguard Economic Discourse.  The 2026 edition of the Vanguard Economic Discourse is scheduled to hold this week, Wednesday, April 22, 2026 at the Civic Centre, Victoria Island, Lagos […]

The Federal Competition and Consumer Protection Commission (FCCPC) says it has not banned airtime borrowing or data advance services in Nigeria. The statement comes few days after MTN Nigeria said it was suspending its airtime and data credit advance service, popularly known as “Xtratime” in compliance with the Digital, Electronic, Online or Non-Traditional (DEON) consumer […]

…Rebounds to profitability   By Peter Egwuatu Nigerian Breweries, NB Plc, has warned that the continued global instability could lead to Foreign Exchange, FX, risks, supply issues and higher inflation in Nigeria. Speaking to newsmen on the performance of the company for the financial year 2025, at its pre-Annual General Meeting, AGM, in Lagos, Managing Director/Chief […]

The Nigerian Exchange Limited (NGX) has expanded its trading window to seven hours (9:00am to 4:00pm) WAT, effective from Monday, 27 April 2026, in a move designed to deepen market liquidity, enhance price discovery, and broaden investor access. Previously, the market opens for four hours and thirty minutes, opening by 9:30am and closing 2:00pm. Approved by […]