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Otedola’s FirstHoldCo surges 32 percent to lead Nigerian bank stocks

Femi Otedola's FirstHoldCo has surged 32 percent in a month to leave GTCO, Zenith, Access and UBA behind as Nigeria's best-performing tier-one bank stock.
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Tinubu agrees to waive airline debts as Jet A1 fuel prices soar

Aviation Minister Festus Keyamo says President Tinubu has agreed to waive the debts Nigerian airlines owe to aviation agencies as Jet A1 fuel prices soar.
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Manufacturing sector taxes climb to N2.05tn in 2025

Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.
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Edun targets 7 percent annual Nigeria GDP growth

Finance Minister Olawale Edun says Nigeria is targeting 7 percent annual GDP growth and needs $14 billion yearly to bridge its infrastructure gap.
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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.
Business

Nigeria capital importation jumps in 2025

Nigeria capital importation surged in 2025, rising sharply on the back of portfolio investments and increased inflows into the banking sector.
Business

Tinubu Reforms Deepen Stability, Federal Unity, Bagudu Says

Nigeria’s budget minister says Tinubu’s economic reforms are improving political coordination, stabilising markets and guiding development partnerships despite short-term hardships.
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Anambra Shuts Onitsha Main Market Over Sit-At-Home Defiance

Anambra State shut Onitsha Main Market for one week after traders defied the Monday sit-at-home order, escalating efforts to restore normal economic activity.
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Nigeria’s Economy Set To Soar: IMF Predicts 4.4% Growth In 2026

IMF forecasts Nigeria’s economy to grow 4.4% in 2026, highlighting reforms, energy prices, and fiscal stability.
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Nigeria Posts Strongest Economic Expansion at 57.6 Index

Nigeria recorded its strongest economic expansion at 57.6 index points, as activity, demand, and confidence strengthened across the private sector.
Business

Nigeria Assures Investors About Market After US Backed Strike

Nigeria’s finance minister says a joint security operation with the United States will strengthen stability, reassure investors and support continued economic growth.
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Economic Hardship Debate Deepens As Radda Says FG Controls 52% Of Federation Revenue

Governor Dikko Radda says the Federal Government controls most federation revenue and should share responsibility for Nigeria’s economic hardship.
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Peter Obi: 80% Youth Unemployment Shows Leaders Have Failed Nigeria

Key Points Peter Obi links Nigeria’s 80% youth unemployment rate to leadership failure and...
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More Funds, More Pains As Nigeria’s Allocations Double While Poverty Deepens

Nigeria shared record FAAC revenue, yet rising prices, poverty growth, and limited grassroots impact left millions worse off nationwide today.
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Business

Otedola’s FirstHoldCo surges 32 percent to lead Nigerian bank stocks

Femi Otedola's FirstHoldCo has surged 32 percent in a month to leave GTCO, Zenith, Access and UBA behind as Nigeria's best-performing tier-one bank stock.
News

Tinubu agrees to waive airline debts as Jet A1 fuel prices soar

Aviation Minister Festus Keyamo says President Tinubu has agreed to waive the debts Nigerian airlines owe to aviation agencies as Jet A1 fuel prices soar.
News

Cruz accuses Nigerian officials of complicity in killing of Christians

US Senator Ted Cruz says Nigerian officials are complicit in killing Christians, while former minister Lai Mohammed insists Boko Haram has killed more Muslims.
News

Edun and Dangiwa resigned from cabinet, presidency confirms

Wale Edun and Ahmed Musa Dangiwa resigned from Tinubu's cabinet on their own, the presidency says, denying reports that the President sacked the two ministers.