By Àkànní Olúwaségún Michael The naira appreciated by 13.5 per cent against the United States dollar over the past year, closing May 2026 at N1,372/$ in...
By Àkànní Olúwaségún Michael More than 70 per cent of Nigerian businesses own or share generators as companies increasingly rely on self-generated electricity to cope with...
Nigerian equities closed the shortened Eid-el-Kabir trading week on a positive note, with investors gaining N432 billion as renewed buying interest in blue-chip and mid-cap stocks...
The Centre for the Promotion of Private Enterprise (CPPE) has credited President Bola Tinubu’s administration with pulling Nigeria’s economy back from the brink of crisis over...
By Àkànní Olúwaségún Michael President Bola Tinubu on Friday commissioned four Compressed Natural Gas facilities across Lagos, Abuja and Owerri, in a move aimed at strengthening...
By Àkànní Olúwaségún Michael The Nigerian Airspace Management Agency (NAMA) has attributed delays in the payment of retirees’ benefits to what it described as longstanding institutional...
By Àkànní Olúwaségún Michael Nigeria’s economic growth is projected to moderate to 3.7 percent in 2027 as weaker global oil prices reduce external earnings and fiscal...
By Àkànní Olúwaségún Michael President Bola Tinubu on Friday said Nigeria’s stock market capitalisation had risen from N30tn in 2023 to N160tn in 2026 following the...
Nigeria has formally cancelled $717.7 million in undisbursed World Bank funding tied to its power sector reform programme. This officially ended an arrangement that was meant...
By Malik Usama A wind turbine blade that is longer than a football field is not just a manufacturing milestone. It is a logistics stress test....
By Àkànní Olúwaségún Michael Nigeria’s economy recorded a real Gross Domestic Product (GDP) growth of 3.89% year-on-year in the first quarter of 2026, marking an improvement...
By Àkànní Olúwaségún Michael The Centre for the Promotion of Private Enterprise (CPPE) has warned against growing calls for the liberalisation of petroleum product imports, describing...
By Àkànní Olúwaségún Michael Across five continents, a new industrial order is being built, one turbine, one battery pack, one hydrogen electrolyser at a time. Governments...
By Àkànní Oluwáṣégun Michael Buried in the latest trading data from Nigeria’s Debt Management Office (DMO) is a number worth paying attention to: the country’s short-term...
By Àkànní Olúwaségún Michael The Lagos State Government has disclosed that its ongoing public asset valuation programme generated a fair value of N3.43 trillion in 2025,...
By Àkànní Oluwáṣégun Michael The Central Bank of Nigeria on Wednesday retained its benchmark interest rate at 26.5 per cent, as the Monetary Policy Committee (MPC)...
“The economy is already under severe strain. Another rate hike could choke investment, weaken manufacturers, hurt SMEs, and worsen job losses."
