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 …
Nigerian economy
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BusinessEconomyFinanceGOVERNMENTINVESTMENTManufacturing
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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 …
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Central BankingEconomyFinanceGOVERNMENTInternationalMonetary Policy
CBN Governor Olayemi Cardoso Says Nigeria Has Built Strong Economic Buffers Against Global Shocks
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that Nigeria has built strong economic buffers and resilience to withstand global and domestic financial shocks through …
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BusinessEconomyFinanceMergers & AcquisitionsNews
Stanbic IBTC Leads Financial Arrangement for UAC’s Acquisition of CHI Limited
Stanbic IBTC Holdings Plc has played a major role in the acquisition of CHI Limited by UAC of Nigeria Plc, acting as the mandated lead arranger and delivering a full …
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BusinessEconomyFinancial InclusionInnovationRural Development
Jumia Expands Rural E-Commerce Reach with New Report Highlighting Digital Inclusion
Jumia, one of Africa’s leading e-commerce platforms, has launched the second edition of its flagship report titled “E-Commerce in Rural Areas,” highlighting how digital retail is transforming underserved communities across …