BUSINESS
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...
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...
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 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...
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...
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...
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...
Foreign Portfolio Flows Surge on Nigerian Stock Market
Foreign portfolio inflows into the Nigerian stock market rose sharply by 354.4% to N609.73 billion in the first seven months of 2025 (7M’25), up...
Dangote Refinery Slashes Petrol Price, Sets September 15 For Direct Distribution Initiative [See Prices]
In a move aimed at reducing the cost of fuel for Nigerians, Dangote Refinery has announced a nationwide reduction in its Premium Motor Spirit...
Nigeria’s Lokpobiri Reaffirms Country’s Leadership In Africa’s Energy Security, Calls for Regional Integration
Nigeria’s Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, Ph.D, has reiterated Nigeria’s leading role in advancing Africa’s energy security, stressing the...
