Improvement in economic indicators points to Nigeria’s stabilisation — UBA boss
Group Managing Director of United Bank for Africa (UBA) and Chairman of the Body of Bank CEOs in Nigeria, Oliver Alawuba, has outlined a blueprint for building a resilient Nigerian economy, calling for deliberate policies and stronger collaboration across the public and private sectors to transform economic stability into inclusive prosperity. Alawuba made the call […]
Equity investors position for further windfall
…As they pocket N1.2trn last week By Peter Egwuatu The Nigerian stock market has recorded a massive bull’s run in the first three trading days of the last quarter 2025. Combined with bullish trading in the last day of the third quarter, the investors raked in about N1.17 trillion in four trading days last week on […]
High interest rates put Nigerian manufacturers at competitive disadvantage — MAN
…Seeks further MPR cut, special financing window The Manufacturers Association of Nigeria (MAN) have continued to bemoan the high interest rates in the country, noting that the situation has place the nation’s manufacturing sector at a competitive disadvantage against other countries of the world. Director General of MAN, Segun Ajayi-Kadir, noted this while expressing optimism […]
Binding constraints slowdown manufacturing activities in September — REPORT
By Yinka Kolawole There was a marginal decline in expansion of the manufacturing sector in September driven largely by weakness in key sub-sectors of the ecosystem occasioned by binding constraints. This was revealed in the NESG-Stanbic IBTC Business Confidence Monitor (BCM) Index for the Manufacturing sector in September 2025, which signaled that the sector recorded a slowdown […]
NDIC covers 99 % commercial banks’ deposits — MD
…Warns against Ponzi schemes By Emma Ujah & Favour Isaac The Nigeria Deposit Insurance Corporation (NDIC) currently provides full insurance cover for 98.98 percent of total customer deposits in Deposit Money Banks. The Managing Director of the Corporation, Mr. Thompson Sunday, revealed this at the NDIC Special Day at the ongoing 20th Abuja International Trade Fair, […]
NGX Review: Investors gain N1.175trn in 4-day trading week
The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.02 per cent and 1.31 per cent to close the week at 143,584.04 and N91.135 trillion respectively.
