BUSINESS
FG Begins Payment To Contractors After Year-Long Delay
The Federal Government has commenced payment to contractors handling projects across its ministries, departments, and agencies (MDAs) after over a year of suspended disbursements. Spokesperson...
MD Nwakanma Set To Establish Solar Energy Factory In Abia, Targets 2,000 Jobs
A new wave of industrialization and job creation is set to hit Abia State, as Mr. Madu Dennis Nwakanma, Chief Executive Officer of MD...
Tinubu, Soludo Meet To Discuss Democracy, Security, And Economic Reforms
President Bola Ahmed Tinubu says his meeting with Anambra State Governor, Prof. Charles Chukwuma Soludo, at the Presidential Villa, Abuja, centered on deepening democracy,...
CBN Retains Interest Rate At 27.5%
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has voted to retain the Monetary Policy Rate (MPR) at 27.50 percent. The decision was...
Nigeria’s Economy Expands By 3.13% In First Quarter Of 2025
The National Bureau of Statistics (NBS) yesterday announced that Nigeria’s economy grew by 3.13 percent in the first quarter of 2025, following the rebasing...
MAN, RMRDC Call For Tech-Driven Solutions To Strengthen Local Manufacturing
The upcoming 2025 Nigeria Manufacturing and Equipment (NME) Expo, held alongside the Nigerian Raw Materials (NIRAM) Expo, will spotlight the adoption of indigenous technology...
Nigeria’s Textile Imports Rise By 298% To N726bn Over Five Years
The importation of textile products into Nigeria has soared by an astonishing 297.8% over the past five years, rising from ₦182.53 billion in 2020...
Marketers Protest As Dangote Set To Reduce Gas Price
President of the Dangote Group, Alhaji Aliko Dangote, has announced plans to reduce the price of Liquefied Petroleum Gas (cooking gas). He also promised...
Foreign Transactions Increases To N118.9bn On NGX
Foreign portfolio transactions on the Nigerian Exchange Limited surged to N118.9bn in May 2025, representing an increase of 88.54 per cent compared to N63.07bn...
Nigeria’s Liquidity Surges As Money Supply Hits ₦118.99 trn
Nigeria’s money supply (M2) fell slightly to ₦118.99 trillion in May 2025, representing a 0.23% month-on-month (MoM) decline from ₦119.27 trillion recorded in April....
