Business

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Non-oil exports: Local investors lose out of N4.8trn boom 

Non-oil exports: Local investors lose out of N4.8trn boom 

By John Alechenu, ABUJA Amid rapid expansion in Nigeria’s non-oil exports, there are indications that local operators in the sector are losing out to their foreign counterparts, especially those from Asian countries, notably, Indians, Chinese, Lebanese and Vietnamese. Also industry operators have indicated that the expected economic benefits of a diversification from oil-dependent to non-oil export are […]

PMI surges to 54.0 in September — CBN

PMI surges to 54.0 in September — CBN

By Yinka Kolawole Nigeria’s economy maintained upward momentum in September 2025, as the Purchasing Managers’ Index (PMI) rose to 54.0 points from 51.7 points in August, marking the tenth consecutive month of expansion. According to the latest PMI report released by the Central Bank of Nigeria (CBN), the index indicated stronger expansion in business activity across key […]

EQUITIES: Investors’ gains skyrocket ahead of Q3 earnings, Sept inflation data

EQUITIES: Investors’ gains skyrocket ahead of Q3 earnings, Sept inflation data

By Peter Egwuatu   Investors raked N2.16 trillion profit, highest week-on-week so far and the fifth consecutive week upswing, coming ahead of the third quarter 2025, Q3’25, earnings report and inflation data for September. Specifically, the Nigerian Exchange Limited, NGX, market capitalisation, which shows the total value of equities on the Exchange, closed on Friday at N93.296 trillion […]