Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
Nigeria loses $6.8bn to oil production shortfalls in 8 months
•Records 93.74m barrels shortfall •2.06m bpd target no longer realistic this year — experts By Obas Esiedesa Nigeria has recorded crude oil production shortfall of about 93.74 million barrels in the first eight months of 2025, raising concerns over adequate funding of the 2025 national budget. The shortfall indicates about $6.848 shortfall in oil revenue, the key […]
NB grows revenue by 48% to N1.04trn in 9 months
By Peter Egwuatu Nigerian Breweries Plc, the foremost brewing company in Nigeria, has posted a group revenue of N1.04 trillion for the nine-month period ended September 30, 2025, representing a 48% growth over the N703 billion recorded in the corresponding period in 2024. According to the unaudited results released on to the Nigerian Exchange Limited, NGX […]
Positive sentiment trails stock market as investors gain N4.6trn
By Peter Egwuatu The Nigerian Exchange (NGX) sustained its bullish momentum last week, marking its 7th consecutive week of gains as investors deepened buy positions in blue-chip stocks across key sectors. Last week performance reflected renewed investor confidence, driven by expectations of stronger corporate earnings, improved macroeconomic sentiment, and renewed portfolio rebalancing toward fundamentally strong companies. […]
Less than 4% of Nigerians Invest in Capital Market — SEC DG
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed concern over the alarmingly low level of participation by Nigerians in the capital market, revealing that fewer than four percent of the country’s adult population are active investors.
Lafarge Africa records 63% revenue growth to N780.48bn in Q3’25
By Peter Egwuatu Lafarge Africa Plc, has announced revenue of N780.48 billion for the first nine months of 2025, Q3’25, representing a 63% increase from N479.49 billion recorded in the corresponding period of 2024, Q3’24. A detailed review of the results sent to the Nigerian Exchange Limited, NGX shows a 246% surge in Profit After Tax […]
