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Business

FCMB Group Posts Strong Nine-Month Results

FCMB Group reported strong nine-month 2025 results as profit, interest income, and digital revenues grew despite weaker non-interest gains.
Business

Nigeria Offers $50 Million Lithium Plant to Attract Global Miners

Nigeria offers $50 million lithium plant, duty waivers and security upgrades to lure miners, building processing clusters across multiple states.
News

IMF Lifts Nigeria’s 2025 Growth Outlook to 3.9%

IMF raises Nigeria economic growth forecast 2025 to 3.9 percent, driven by stronger fundamentals, investor confidence, and fiscal reforms.
Business

Peter Obi Slams “Inhumane” Demolitions, Urges Government

Peter Obi condemns inhumane demolitions across Nigeria, warning they worsen poverty and threaten the economic stability of millions.
News

Foreign Firms Corner Nigeria’s N4.8trn Non-Oil Export Boom

Local exporters lament losing out in Nigeria’s non-oil export boom as foreign investors dominate the sector amid weak funding and policy hurdles.
News

Oyedele: 98% of Nigerians to Get Tax Cut or Exemption by 2026

About 98 percent of Nigerians will enjoy reduced or no tax under the new fiscal reform expected to take effect in January 2026.
News

Nigeria’s Inflation Crisis Pushes Workers and Employers to the Edge

Nigeria’s inflation crisis is eroding wages and threatening jobs, NECA warns, urging government action to stabilize businesses and protect workers.
News

Tinubu Moves to Borrow $2.3bn, Float $500m Sukuk for 2025

Tinubu seeks NASS approval for $2.3bn external borrowing and $500m Sukuk to fund 2025 budget and refinance Eurobond.
News

Naira Gains to N1,480 per Dollar on Parallel Market

The naira rises to N1,480 per dollar in the parallel market as CBN reforms improve liquidity and restore trader confidence.
News

School Fees Soar, Parents Flock to ₦20,000 Jelesimi Centers

As school fees skyrocket, more Nigerian parents are returning to Jelesimi day care centers, exposing the growing education crisis and economic strain.
News

Lagos Shuts Ojota Chemical Market Over Fire Safety Dispute

Lagos shuts Ojota Chemical Market over fire safety rules, leaving traders counting heavy losses as Nigeria battles fragile economic recovery.
News

Nigeria at 65: How Oil Mismanagement Stalled Industrial Growth

Nigeria’s reliance on crude oil revenue derailed manufacturing growth, leaving the nation dependent on imports and facing deep economic struggles.
News

Cleric Says Nigeria’s Economic Struggles Mirror Global Crisis

Pastor Samuel Oladele says Nigeria’s economic challenges part of global crisis, urging resilience, reforms, and unity to overcome hardship.
News

Muazzam Mairawani Plans $600 Million Cement Plant in Kebbi

Muazzam Mairawani plans $600 million cement plant in Kebbi to rival Dangote and Rabiu while preparing a $225 million U.S. IPO.
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Business

FCMB Group Posts Strong Nine-Month Results

FCMB Group reported strong nine-month 2025 results as profit, interest income, and digital revenues grew despite weaker non-interest gains.
Business

Nigeria Offers $50 Million Lithium Plant to Attract Global Miners

Nigeria offers $50 million lithium plant, duty waivers and security upgrades to lure miners, building processing clusters across multiple states.
Business

Dangote Reclaims $30 Billion Net Worth as Cement Lifts Fortune

Aliko Dangote’s net worth has climbed back to $30 billion as rising cement shares and aggressive refinery expansions recharge his business empire.
News

Defence Minister Praises Troops for Foiling Benin Coup Attempt

Nigeria’s Defence Minister praised troops for their rapid role in stopping Benin’s coup attempt, calling it proof of Nigeria’s regional security role.

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