Wednesday, June 17, 2026
NIMASA insists $360m sabotage cash intact amid misappropriation concerns
Onome Amuge The Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria's apex maritime regulatory agency, has dismissed any concerns surrounding...
Read moreDetailsInflation storm rages on in Nigeria as October rate hits 33.88%
Manufacturing sector suffers as inflation mows down profits Nigerian households lament Onome Amuge The Nigerian economy has been in a...
Read moreDetailsUBA to raise N239.4bn through Rights Issue
Shareholders to receive one new share for five existing shares Rights Issue to strengthen regulatory capital, positions Group for growth...
Read moreDetailsNigeria, India reinforce strategic partnership on economic development, defence, healthcare, food security
Business a.m. Nigeria and India have reaffirmed their commitment to a robust strategic partnership, pledging to strengthen ties in key...
Read moreDetailsFG approves N47.9tn budget for 2025 fiscal year
Onome Amuge The federal government has approved the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The...
Read moreDetailsFG mulls private sector investment to bridge $10bn power sector funding gap
Onome Amuge The federal government has announced its intention to work with the private sector to raise part of the...
Read moreDetailsOil slips to 2-week low as OPEC reports weak demand prospects
Onome Amuge Oil prices fell to their lowest in two weeks on Wednesday, a day after the Organization of the...
Read moreDetailsFG’s $3.5bn foreign debt servicing exposes rising vulnerability to external debt
A new data released by the Central Bank of Nigeria (CBN) shows that the federal government has spent $3.58 billion...
Read moreDetails16 Nigerian firms lose N792bn amidst manufacturing sector crisis, reveals MAN
Onome Amuge The Manufacturers Association of Nigeria (MAN) recently disclosed that 16 major manufacturing firms suffered losses amounting to N792...
Read moreDetailsManufacturers stuck with N1.24tn in unsold goods as consumers’ buying power weaken
Onome Amuge The Manufacturers Association of Nigeria (MAN) has disclosed that its unsold inventory has increased 357.57 percent in the...
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