Sunday, June 21, 2026
PMI index sinks to record-low 49.2 as inflationary pressures hammer business optimism
Business a.m. Nigeria's private sector saw a decline in business confidence during July, with the Stanbic IBTC Bank Purchasing Managers...
Read moreDetailsNigeria’s corporate bond market draws N729bn from pension funds seeking higher returns
Cynthia Ezekwe The Nigerian corporate bond market has seen a significant influx of funds from pension funds, amounting to N729.51...
Read moreDetailsNigeria’s $1trn economy ambition requires expansion beyond banking sector- Report
Business a.m. The Nigerian government has been charged to broaden its economic growth strategy beyond relying solely on the banking...
Read moreDetailsNetwork failure, customers’ frustration puts 9mobile’s new leadership to test
Joy Agwunobi 9mobile's leadership overhaul after LH Telecom’s acquisition, initially hailed as a promising milestone in the telco's transformation roadmap,...
Read moreDetailsArik Air cries foul over Minister Keyamo’s airline fleet grounding order
Insists decision hurts Nigerian passengers, economy Business a.m. The management of Arik Air (In Receivership) have expressed their dismay over...
Read moreDetailsTinubu approves local currency crude oil sales to Dangote Refinery, local counterparts
Business a.m. President Bola Tinubu has approved the sale of crude oil to indigenous refineries including Dangote Refinery in the...
Read moreDetailsAnalysts worry over outcomes of #EndBadGovernance protests
Economy put on edge ₦trillion losses if protests become violent ONOME AMUGE IN LAGOS The rumblings of protest have...
Read moreDetailsAir travel to become more expensive hint BA owner IAG chief, NAMA policy
PHILLIP ISAKPA IN LONDON & SADE WILLIAMS IN LAGOS Airline passengers have been given the strongest hints yet to brace...
Read moreDetailsNERC strips NBET of middleman role in DisCo-GenCo transactions
Onome Amuge In a recent move to shake up Nigeria's electricity market, the Nigerian Electricity Regulatory Commission (NERC) said it...
Read moreDetailsCBN reports 83% decline in FX allocation for foreign education in Q1 2024
Business a.m. The Nigerian diaspora's expenditure on education overseas plunged between January and March 2024, with $38.17 million spent, representing...
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