Eterna Plc, one of Nigeria’s leading integrated energy companies, has taken a major step to strengthen its financial position with the launch of a rights issue valued at about N21.52 …
Economy
-
BusinessCorporate AffairsEconomyEnergyFinanceINVESTMENTNigeria
-
BankingBusinessEconomyFinanceInflationMonetary Policy
CBN Keeps Interest Rate at 27% as Inflation Slows and Exchange Rate Stabilises
The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, marking the fourth time this year that the rate has remained unchanged. The …
-
EconomyFinanceGOVERNMENTNational AssemblyNational BudgetNigeriaOil & GasPublic Policy
FG Projects N50.74tn Revenue for 2026 as Rising Deficit Sparks Fresh Economic Warnings
The Federal Government has projected a total revenue of N50.74 trillion for 2026 and an economic growth rate of 4.68 per cent, even as the proposed deficit for the year …
-
AgribusinessAgricultureEconomyFood ProductionHealth
Cost of a Healthy Diet Rises Sharply to N1,611 Per Adult Daily in July 2025
The cost of maintaining a healthy diet in Nigeria continues to rise, as the National Bureau of Statistics (NBS) has reported a 27.3 percent year-on-year increase in the Cost of …
-
BusinessDevelopmentEconomyEnergyGOVERNMENTOil & Gas
FG Warns Oil Companies to Show Real Commitment or Lose Space in Nigeria’s Energy Sector
The Federal Government has issued a clear warning to international oil companies and other operators in the petroleum sector, saying only those ready to speed up field development and deliver …
-
BankingBusinessEconomyFinanceMarketsPolicies
Former CIBN President Ken Opara Calls for Special Court to Handle Credit Cases
The immediate past President of the Chartered Institute of Bankers of Nigeria, Dr Ken Opara, has called for the creation of a specialised court that will handle disputes related to …
-
BusinessEconomyFinanceInflationMarketsPrivate Sector
Nigerian Private Sector Expands as Inflation Slows, New Orders Hit Three-Month High
Nigeria’s private sector recorded a rise in new orders in November, reaching the highest level in three months as inflationary pressures continued to ease. This is according to the latest …
-
BusinessCrimeEconomyFinanceGovernanceRegulation
SEC Moves to Strengthen Fight Against Ponzi Schemes, Targets Promoters Under New Investment Law
The Securities and Exchange Commission has restated its commitment to intensifying the fight against Ponzi schemes in Nigeria, saying it will deepen inter-agency cooperation to identify and prosecute individuals and …
-
BusinessDevelopmentEconomyFinanceOil & Gas
Nigeria Records 3.98% GDP Growth in Q3 2025 as OPS Warns Gains Not Yet Felt by Businesses
Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, showing a slight improvement from the 3.86 per cent recorded in the same period of 2024, according …
-
BusinessEconomyEnergyGOVERNMENTNigeriaOil & Gas
FG Targets $10bn Investment as NUPRC Launches 2025 Licensing
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has launched the Nigeria 2025 Petroleum Licensing Round, an ambitious national plan expected to attract $10bn in new investments and …