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."
The rebound snaps a losing streak that had quietly erased nearly $1.65 billion from Nigeria's external buffer since March
As Nigerian airlines prepare to spend over $2bn sending aircraft abroad for maintenance in 2026, President Tinubu's meeting with Airbus in Kigali signals a decisive push...
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)...
Equities market extends gains on bargain buying even as the OTC market and foreign exchange come under pressure
Ten leading stockbroking firms drove transactions worth N949.899 billion on the Nigerian Exchange (NGX) in April 2026, underscoring their central role in a record-breaking month for...
The Nigerian Exchange recorded a historic gain of N26.784 trillion in market capitalisation in April 2026, lifted by signs of returning foreign portfolio inflows and strong...
Veritas Kapital Assurance Plc has reported a strong revenue performance for the first quarter ended March 31, 2026, even as rising costs and tax obligations weighed...
Nigeria’s equities market continued its strong upward momentum for a fourth straight week, supported by broad gains across major sectors that amounted to N5.51 trillion weekly...
By Blaise Udunze For months, Nigerians have argued in circles. Aliko Dangote has been blamed by default. They have accused his refinery of monopoly power, of...
President Bola Ahmed Tinubu has approved a set of fiscal incentives aimed at unlocking the long-delayed Bonga Southwest Aparo (BSWA) deepwater oil project, a development expected...
By QUEST MB The Debt Management Office’s (DMO) most recent data on public debt shows that Nigeria’s total external debt stock increased by 3% QoQ to...
