Pension Fund Administrator Leadway Pensure has announced a strong financial performance for the first half of 2025, with its Assets Under Management (AUM) rising to N1.35 trillion as of the …
Nigerian economy
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BusinessEconomyFinanceINVESTMENTPensionTechnology
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BusinessCapital MarketEconomyForex TradingINVESTMENTMonetary Policy
Naira hits 2025 peak at N1,421/$ as forex supply rises
The naira recorded its highest appreciation this year at the close of October, strengthening to ₦1,421.73 per dollar at the Nigerian Foreign Exchange Market, according to data released by the …
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BusinessEconomyEnergyGovernment PolicyOil & Gas
Experts Fault FG’s Proposed 15% Tariff on Fuel Imports, Warn of Rising Hardship and Monopoly in Petroleum Market
A public policy analyst, Rotimi Matthew, and several operators in Nigeria’s oil and gas sector have criticised the Federal Government’s proposed 15 per cent tariff on fuel imports, describing it …
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BusinessEconomyFinanceGOVERNMENTINVESTMENTManufacturing
MAN Applauds Nigeria’s Removal from FATF Grey List, Says Move to Boost Manufacturing Sector
The Manufacturers Association of Nigeria (MAN) has commended the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major boost for the country’s …
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BusinessEconomyGOVERNMENTIndustrial DevelopmentInfrastructureManufacturing
Nigeria, Stellar Steel Sign $400 Million Deal
The Federal Government has signed a landmark $400 million joint strategic cooperation agreement with Stellar Steel Company Limited to establish a state-of-the-art steel plant in Ewekoro, Ogun State, in a …
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BusinessCapital MarketEconomyFinanceGOVERNMENTSecurity
FG Lists N260bn Bonds for Subscription in October Auction
The Federal Government, through the Debt Management Office (DMO), has announced the listing of N260 billion worth of Federal Government bonds for subscription in its October 2025 auction. The offer, …
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BusinessEconomyEnergyFinanceHospitalityINVESTMENT
Transcorp Records 39% Revenue Growth, Posts N413.4bn in Q3 2025
Indigenous conglomerate Transnational Corporation Plc (Transcorp) has reported a strong performance for the third quarter of 2025, recording a 39 per cent increase in revenue to N413.4 billion, up from …
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BusinessEconomyEnergyGovernanceNigeriaOil & Gas
Marketers Accuse Dangote Refinery of Withholding Fuel Despite Advance Payments
Petroleum marketers have accused the Dangote Petroleum Refinery of failing to load their petrol trucks weeks after they made full payments for supplies, raising fresh controversy over the refinery’s operations …
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Central BankingEconomyGlobal MarketsGovernanceMonetary PolicyNigeria
IMF Commends Nigeria’s Economic Reforms, Projects 3.9% Growth in 2025
The International Monetary Fund (IMF) has praised Nigeria’s ongoing economic reforms led by the Central Bank of Nigeria (CBN) under the leadership of its Governor, Mr. Olayemi Cardoso. The global …
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BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Dangote Refinery Challenges Marketers to Bring Trucks as Petrol Prices Hit N1,000/Litre
As petrol prices continued to rise across Nigeria over the weekend, the Dangote Petroleum Refinery has challenged marketers to bring their trucks for loading, insisting that it has more than …