…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Nigerian National Petroleum Company (NNPC) Limited has released new pump prices for Premium Motor Spirit (PMS), popularly known as petrol, across its retail outlets nationwide,…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Nigeria's three largest listed cement manufacturers—Dangote Cement, BUA Cement, and HBM Nigeria—reported robust first-half 2026 earnings, driven by higher sales volumes, improved op…
…the engine room of President Bola Ahmed Tinubu’s ambitious plan to build a $1 trillion Nigerian economy, unveiling far-reaching reforms aimed at producing a globally competitive workforce, expanding admissions into health institutions, and sustaining industrial peace across the nation’s universities. Minister of Educat…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Tunde Onakoya, founder of Chess in Slums Africa, has partnered with Jobs59 and AltSchool Africa to introduce a N250 million scholarship programme aimed at helping corps members and…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Special Adviser to the Lagos State Governor on Tourism, Idris Aregbe, has unveiled the Renewed Hope Creative and Innovative Hub, describing it as a strategic platform to empower…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Federal Government has opened applications for its Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices (C.L.I.C.K.D.) Programme, allowing Nigerians to acqui…
…rising to $51.92 billion as of July 16, 2026. Monday’s exchange rate comes as the Nigerian economy braces for the outcome of the apex bank’s 306th MPC meeting on Tuesday. Currently, Nigeria’s benchmark interest rate stands at 26.50 percent, while the inflation rate was 15.91 percent in June, according to the National B…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Filling stations across Nigeria have increased the pump price of Premium Motor Spirit (PMS), popularly known as petrol, following a rise in depot loading prices to around N1,200 per…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Retail prices of cooking gas, also known as Liquefied Petroleum Gas (LPG), have fallen across Nigeria as improved domestic supply and lower depot prices continue to ease pressure on…
…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.The Central Bank of Nigeria (CBN) has ordered Bureau De Change (BDC) operators to return any foreign exchange purchased through the Nigerian Foreign Exchange Market (NFEM) that rema…
…with commercially viable and impact-oriented opportunities across sectors of the Nigerian economy aligned with the United Nations Sustainable Development Goals (UN SDGs). Through the deployment of funds so far, nine portfolio companies have been able to digitise the distribution of essential goods, manufacture local me…
…reform programme and outlined the impact of its monetary policy initiatives on the Nigerian economy. Cardoso stated that the apex bank had “fundamentally transformed Nigeria’s foreign exchange market by eliminating multiple exchange rate windows, restoring transparency, and rebuilding confidence in monetary policy.” “T…
…highlighting that the Bank had invested between 15 and 20 billion dollars in the Nigerian economy over the last five years. He invited the President to visit the African Medical Centre of Excellence (AMCE) located in Abuja. Elombi also told the President that Afreximbank has committed US$2 billion to support Nigeria’s…
He praised President Bola Ahmed Tinubu for his efforts at expanding the Nigerian economy, which he believes is performing well at the macroeconomic level. "Things might look difficult today. Yes, as you can see, I am an industrialist. The macroeconomy is doing well, but the microeconomy is not doing well. I told the Pr…
…UAE could provide SAHCO with access to larger aviation markets, reduce dependence on the Nigerian economy, and create additional earnings streams over the long term. Market observers believe SAHCO's planned expansion into Africa and the UAE could mark a significant milestone in the company's evolution from a local grou…
…the return of civilian rule in 1999 has articulated a commitment to diversifying the Nigerian economy away from oil dependence, with agriculture consistently cited as the primary vehicle for that transition. Buhari's Anchor Borrowers Programme (ABP) was the signature agricultural initiative of his administration. It re…
…had, in May, said: "This strong buffer continues to reinforce investor confidence in the Nigerian economy and support exchange rate stability." Expert's view Analysts believe the higher reserve level could enhance the CBN's capacity to support exchange rate stability and meet external obligations. The Centre for the Pr…