The Port Harcourt Refining Company (PHRC), a key facility in Nigeria’s oil sector, is reportedly set to undergo a 30-day maintenance exercise. While the Nigerian National Petroleum Company Limited (NNPCL) …
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- Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeriaTrade and Commerce
Nigerian Stock Market Sheds N274bn Amid Sell-offs in Large, Mid-Cap Equities
The Nigerian Exchange Limited (NGX) closed Thursday’s trading session in the red, as widespread sell-offs in mid- and large-cap stocks led to a loss of N274 billion in market value. …
- DevelopmentEconomyGOVERNMENTInfrastructureManufacturingPoliciesTrade and Commerce
FG to Establish Industrial Hubs in Kano, Abia, Lagos, and Ogun to Boost Nigeria’s Manufacturing Sector
The Federal Government of Nigeria has announced plans to establish industrial hubs in Kano, Abia, Lagos, and Ogun states as part of its strategy to drive economic transformation and industrialisation …
- BusinessDevelopmentEconomyInnovationNigeria
SMEDAN Rallies Stakeholder Support Ahead of MINE FEST 2025 to Boost Nigerian Economy
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has called for deeper collaboration with stakeholders as part of a strategic push to bolster Nigeria’s economy through support for …
- BusinessEconomyEnergyInfrastructureLeadershipNigeriaOil & Gas
Renaissance Africa Energy Clinches Top Honours at 2025 NOGOF Awards
Renaissance Africa Energy Company Limited has emerged as the Nigerian Content International Upstream Operator of the Year at the 2025 Nigeria Oil and Gas Opportunity Fair (NOGOF), held in Yenagoa, …
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Nigeria’s Telecom Sector to Get $1 Billion Boost as Minister Tijani Promises Better Services by Q3 2025
Nigeria’s telecommunications sector is gearing up for a major turnaround as the Minister of Communications and Digital Economy, Dr. Bosun Tijani, has announced a $1 billion investment in network equipment—a …
- DevelopmentEconomyEntrepreneurshipGOVERNMENTInnovationINVESTMENTNigeriaTechnology
Katsina Will Be Nigeria’s Innovation Hub by 2030 — Governor Radda Declares at Arewa Tech Fest 2.0
Katsina State Governor, Dikko Umaru Radda, has boldly projected that Katsina will emerge as Nigeria’s innovation hub by the year 2030, attributing this to several technology-driven policies and initiatives being …
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Azuri Towers Offers Safe Investment as Eko Development Promotes Real Estate Hedge Against Inflation
As Nigeria continues to battle rising inflation and soaring interest rates, Eko Development Company Limited has highlighted real estate as a stable hedge for investors, positioning its flagship luxury project, …
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Nigerian Auto Dealers Cry Out as Car Prices Soar and Sales Crash
The Nigerian automotive industry is in crisis, with dealers lamenting the near-collapse of car sales due to soaring vehicle prices and lack of supportive government policies. Automobile dealers say prices …
- BusinessEconomyFinance & ServicesGOVERNMENTInfrastructureINVESTMENTMarketsNigeria
FG Offers N300bn Bonds in May Auction to Raise Funds for 2025 Budget
The Debt Management Office (DMO) has announced the public offering of N300 billion worth of Federal Government of Nigeria (FGN) bonds for subscription through auction, as part of the government’s …