Strengthening Nigerian Banks: A Vital Step for Economic Growth
Nigeria's bank recapitalisation programme, led by the CBN, has raised ₦4.65 trillion, boosting financial resilience and supporting long-term economic growth.
Category : Business
UBA Assets Hit N33.2 Trillion, Up 9.4%
UBA reports 9.4% asset growth to N33.2 trillion in 2025, with customer deposits rising to N27.2 trillion and strong gross earnings of N3.09 trillion.
Cardoso: Single-Digit Inflation Target Remains Achievable
CBN Governor Olayemi Cardoso says Nigeria will achieve single-digit inflation despite a marginal rise to 15.38% in March, citing reform resilience and investor confidence.
NAFPA, AHCN Task Darma on Sustainable Housing Delivery
Following the removal of the housing minister, NAFPA and AHCN urge incoming minister Muttaqha Darma to focus on affordable housing, infrastructure, and sustainable urban development.
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Revenue Anchor, Digitisation, End of Rentier State
Nigeria's Tinubunomics shifts to revenue digitisation and tax harmonisation, aiming to end the rentier state model and boost fiscal sustainability.
BoI, FCMB back WHO-standard pharma plant in Ogun
Bank of Industry and FCMB finance Sam Pharmaceutical's WHO-GMP certified factory in Ota, Ogun State, boosting local drug production and reducing import reliance.
Naira Depreciates 1.09% as Reserves Drop to $48.48B
The naira fell 1.09% to N1,358.44 per dollar as Nigeria's external reserves declined to $48.48 billion, raising currency stability concerns.
Boost Housing Budget, Urban Devt Advocate Urges Govt
CPDI Africa's Nmadili Okwumabua calls for increased budget allocation to housing and urban development, land reforms, and public-private partnerships to address Nigeria's affordable housing deficit.
NAEE Confab to Tackle Africa's Energy Mix Evolution
The Nigerian Association for Energy Economics announces its 19th International Conference to discuss Africa's energy mix, transition challenges, and the role of technology, economics, and policy.
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Infrastructure, Urban Renewal Reshape Nigeria Housing
A new report reveals that infrastructure projects and urban renewal are transforming Nigeria's real estate market, with rental prices rising and regional demand shifting across the country.
Lagos Signs Power Purchase Agreements with Three IPPs
Lagos State signs PPAs with three IPPs to boost electricity generation, aiming for 200-400MW capacity within three years.
Africa Energy Transition: Experts Demand Policy, Financing Reforms
Experts at the launch of Dr. Cheryl Ikejiaku's book on financing Africa's energy transition call for policy reforms and innovative financing models to achieve SDG 7.
KWACCIMA Wants Mining Removed from Exclusive List
KWACCIMA advocates removing mining from Nigeria's Exclusive Legislative List, arguing it will curb insecurity and boost states' internally generated revenue.
Nigerian Man Shares Advice on Escaping Poverty Forever
A Nigerian man on X advises that investing in people is the key to escaping poverty, sparking diverse reactions and discussions online.
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NGX All-Share Index Rises 3.94% as 46 Stocks Post Gains
The NGX All-Share Index rose 3.94% as 46 equities gained, with UACN leading gainers. Financial Services dominated trading activity.
NNPC Boosts Output, Expands Gas Infrastructure
NNPC Limited increased crude oil output to 1.71 million bpd and expanded gas infrastructure, including the AKK pipeline and Assa North gas plant, boosting domestic supply.
CPPE Welcomes FG's Airline Debt Relief, Urges Reforms
CPPE praises FG's 30% debt relief for airlines but warns of structural issues. Calls for reduced taxes and fees to ensure sector sustainability.
AUATON rejects MOU, prioritises member welfare
AUATON sets aside its MOU with Labour Ministry and NLC, citing constitutional issues, and moves to address declining earnings and safety concerns in the ride-hailing sector.
Sule Urges Dangote to Boost Investments in Nasarawa
Governor Abdullahi Sule calls on Dangote Group to increase investments in Nasarawa, citing abundant mineral resources and existing collaboration.
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Fuel Prices Drop at Depots and Filling Stations Across Nigeria
Oil marketers reduce petrol prices at depots and filling stations amid rising crude oil costs. Abuja sees N35 per litre drop.
Policy Alignment Key to Unlocking Nigeria Housing Potential
Ezekiel Ryan of Zeeks Homes highlights policy alignment as crucial for Nigeria's housing sector, emphasizing mid-income housing, incremental building, and technology adoption.
Emzor Advocates Local Drug Production for Malaria Elimination
Emzor Pharmaceutical urges scaled local manufacturing and API investment to accelerate malaria elimination in Nigeria, stressing the need for resilient health systems and domestic production.
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Niger vs Nigeria: 5 Key Differences You Need to Know
Discover the major differences between Niger and Nigeria, including colonial history, language, culture, population, and economy. Learn why they are often confused.
FG Proposes Deep Blue Project Expansion for Gulf of Guinea Security
The Federal Ministry of Marine and Blue Economy proposes expanding the Deep Blue Project to enhance maritime security in the Gulf of Guinea and revive fishing terminals to reduce imports and boost exports.
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FCCPC Data Shows Top 10 Loan Apps in Nigeria and Rates
FCCPC releases data on top loan apps in Nigeria, including FairMoney and Palmcredit, with interest rates ranging from 1.5% to 30% monthly amid regulatory reforms.
Naira Hits 3-Week Low Against Dollar Amid FX Shortage
The Nigerian naira fell to its weakest level in three weeks against the US dollar, driven by strong demand and limited forex supply across official and parallel markets.
FG Unveils Battery Waste Management Programme
Nigeria launches environmentally sound management for small-sized waste batteries to collect hazardous batteries safely, prevent pollution, and create economic value.
Abia Issues Interim Power Licences to Three Firms
Abia State grants interim electricity generation and distribution licences to three firms, transitioning to a regulated intra-state electricity market under ASERA.
Jamil Abubakar Leads Dangote Group's Ports and Logistics
Jamil Mohammed Abubakar, Dangote's son-in-law, has been appointed Managing Director of Infrastructure & Logistics, overseeing ports and trade infrastructure as part of the group's Vision 2030.
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Stakeholders Call for Balanced Mambilla Project Debate
Concerned Taraba stakeholders call for historical context in the Mambilla Hydroelectric Project debate, cautioning against blaming former Minister Sale Mamman alone.
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