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UNIEC warns Igbo silence on Nnamdi Kanu case

UNIEC Director-General Justice Alpha Ikpeama says silence from Igbo leaders on the Nnamdi Kanu case is eroding moral authority and regional credibility.

Nigeria food market set for $233bn growth surge

Messe managing director Paul Marz projected Nigeria's food market at $233.53 billion in 2025, with 10.76 percent annual growth through 2030 at record agrofood expo.

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Nigeria Approves $1 Billion to Modernize Lagos Seaports

Nigeria has approved $1 billion to modernize the Apapa and Tin Can Island ports, a major step in its maritime reform plan led by the Chagoury Group’s ITB Nigeria.

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.

Best Forex Brokers in Nigeria

KEY POINTS When choosing a forex broker in Nigeria, look for regulation by a...

Femi Otedola Sells ₦9.3 Billion Worth of Geregu Power Shares

Femi Otedola sells part of his Geregu Power stake worth ₦9.3 billion but maintains control as the company remains a key power market player.

Dangote Plans to List Up to 10 Percent of Refinery Shares

Aliko Dangote plans to list refinery shares and expand output to 1.4 million barrels per day through global partnerships and investment.

Moniepoint Raises $90 Million to Boost Global Expansion

Moniepoint raises $90 million to expand across Africa and Europe, strengthening its position as a leading force in African fintech innovation.

Johnvents Launches ₦100 Billion Paper for Cocoa Expansion

Johnvents launches ₦100 billion commercial paper to expand cocoa processing, deepen exports, and strengthen Nigeria’s agribusiness capacity.

Adebayo Ogunlesi Charts Africa’s AI Course From Roots

Adebayo Ogunlesi joins OpenAI and backs its African AI academy, channeling his infrastructure acumen into capacity building in Lagos and continental AI ambition.

Nigeria’s Crude Output Reaches 454 Million Barrels in Nine Months

Nigeria’s crude oil production reached 454.28 million barrels in nine months, driven by condensate output despite periodic disruptions and maintenance delays

Foreign Investors Back Nigeria’s Reform-Driven Economic Outlook

Investors at a Washington forum back Nigeria’s economic reforms, citing stronger FX markets, record reserves, and sustainable growth targets.

Stanbic IBTC Backs UAC’s Full Takeover of CHI Limited

Stanbic IBTC backs UAC’s CHI Limited acquisition in a landmark deal set to reshape Nigeria’s fast-moving consumer goods market.

Transcorp Power Reports 38 Percent Revenue Jump

Transcorp Power posts 38 percent revenue growth and 17 percent profit rise, reflecting higher power generation, cost efficiency, and expanding asset base.

Latest articles

UNIEC warns Igbo silence on Nnamdi Kanu case

UNIEC Director-General Justice Alpha Ikpeama says silence from Igbo leaders on the Nnamdi Kanu case is eroding moral authority and regional credibility.

Nigeria food market set for $233bn growth surge

Messe managing director Paul Marz projected Nigeria's food market at $233.53 billion in 2025, with 10.76 percent annual growth through 2030 at record agrofood expo.

Manufacturers fault CBN over non-oil exporter exclusion

MANEG executive secretary Benedict Obhiosa says CBN's new forex policy for oil companies creates an unfair gap, leaving non-oil exporters without comparable incentives.

Manufacturing foreign investment in Nigeria plunges 51 percent

Nigeria's manufacturing sector absorbed just $772.45 million in foreign investment in 2025, a 51 percent drop from 2023, even as total capital inflows surged.