Business

FinTribe brings women, financial experts together to promote wealth creation

By Esther Onyegbula Women, financial experts, investment professionals and industry stakeholders converged at the 2026 FinTribe Finance Fair to explore investment opportunities, promote financial literacy and advance women’s participation in wealth creation. The event, organised by FinTribe, brought together representatives of financial institutions, the Nigerian Exchange Group, entrepreneurs and professionals to discuss strategies for building […]
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Corporate treasurers appeal to CBN on invalidated $2.2bn forward contracts

Set to host 2025 Treasury360 conference  The Association of Corporate Treasurers of Nigeria (ACTN) has appealed to the Central Bank of Nigeria (CBN) to settle the outstanding portion of the invalidated $2.2 billion forward contracts. President of ACTN, Yinka Ogunnubi, made the plea at a media briefing to announce the forthcoming 2025 Treasury360 Conference and Exhibition […]

Manufacturing demand dips as consumers spend 70% income on transport, energy — MAN

By Yinka Kolawole    The Manufacturers Association of Nigeria (MAN) has declared that decreasing demand for manufactured products occasioned by a sharp drop in the purchasing power of consumers due to inflationary pressures led to 87.72 percent surge in unsold inventory to N2.14 trillion in 2024 from N1.14 trillion in 2023. Director General of MAN, Segun Ajayi-Kadir, […]

NECA, MAN, NACCIMA reject Senate’s NSITF takeover

“These amendments threaten to fundamentally weaken the NSITF governance structure, erode accountability and transparency, and expose the Fund to undue political interference,” the OPSN declared.”

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  […]

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