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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.
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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.

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ADC: Tinubu’s 2026 Budget Risks Nigeria’s Financial Future

ADC criticizes Tinubu’s 2026 budget, warning that heavy borrowing and optimistic revenue forecasts could deepen Nigeria’s debt crisis.
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BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.
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US Envoy Says Visa Curbs Tied to Security Talks

The US envoy says visa rules reflect security cooperation talks, stressing diplomacy and shared responsibility between Nigeria and the United States.
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Dangote NMDPRA Dispute Sparks Call for Strong Institutions

Nigeria’s oil workers union urges stronger institutions as tensions between Dangote Group and the petroleum regulator raise governance concerns.
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Naira Weakens After Central Bank Sells Dollars

Naira depreciation continued despite central bank dollar sales, highlighting persistent demand pressure and cautious sentiment across Nigeria’s foreign exchange market.
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Nigerian Presidency Quells Uproar Over New Tax Legislation

KEY POINTS The Nigerian presidency has intervened to clarify alleged discrepancies between passed and...
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Dangote Slashes Fuel Price, Demands Nationwide Compliance at MRS Stations

KEY POINTS Dangote Refinery has set a new petrol price of ₦739 per litre...
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Hardship Casts Shadow Over Christmas for Onitsha’s Poor

Christmas brings little relief in Onitsha as economic hardship forces poor residents to depend on charity for food and cash.
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Unprecedented Takeover: Dynamics and Implications of APC’s Dominance of the National Assembly

Defections and court rulings give the APC a two-thirds majority in the National Assembly, reshaping power and oversight in Nigeria.
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Peter Obi: Not Criminalising Vote Buying at Primaries Hurts Democracy

Peter Obi faults lawmakers for failing to criminalise vote buying at party primaries, warning the practice damages Nigeria’s democracy.
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7 Ways to Prepare Adequately for the New Year

Learn how to prepare for the new year with practical tips for goals, finances, routines, and emotional wellbeing.
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37 Worshippers Abducted in Kogi Church Attacks as Bandits Demand N600m

Bandits abducted 37 worshippers from two churches in Kogi, killing a pastor and demanding N600m ransom as residents flee.
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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.
News

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.
Business

Sterling Bank summit targets Nigeria’s transport logistics gap

Sterling Bank CEO Abubakar Suleiman said fixing Nigeria's transport logistics sector requires bold, coordinated execution, not incremental change, at the inaugural NTLS 2026 summit.
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Gunmen Attack Plateau Community, Several Feared Dead as Tension Grips Jos

KEY POINTS Gunmen on a motorcycle opened fire in Anguwan Rukuba, Jos North, leaving...

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