Agric sector records 3.15% growth in GDP to 11.87trn
•Crop productions dominates with N8.9trn By Cynthia Alo The agricultural sector comprising crop production, livestock, forestry, and fishing recorded a 3.15 per cent, year-on-year growth in real Gross Domestic Product (GDP) to N11.87 trillion in the first quarter of 2026 (Q1’26) from N11.51 trillion in Q1’25. The National Bureau of Statistics (NBS) disclosed this in its […]
Nigeria risks losing cargo to port of neighbouring countries — SEREC warns
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,” […]
BOI, RMRDC sign MoU to foster agric value-chain growth
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 […]
NCC, CBN launch portal to track fraudulent phone lines
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, […]
Tinubu approves $75m investment in Flutterwave ahead of IPO
President Bola Tinubu has approved a $75 million investment into Flutterwave as plans are nearing completion for the company’s initial public offering (IPO).
NB outlines strategies for sustained growth, pricing shocks protection
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 […]
