Türkiye targets $5bn trade volume with Nigeria as Erdogan, Tinubu talk deals
President Recep Tayyip Erdogan of the Republic of Türkiye, on Tuesday in Ankara, said his country targets a $5 billion trade volume with Nigeria up from the current $2…
Why Nigerian banks return big profits amid standing on shaky ground with weak capital, by Blaise Udunze
Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful and strong amid triumphal headlines. The figures appeared to…
Manufacturers urge FG to restrain NAFDAC over sachet alcohol ban
The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to intervene and restrain the National Agency for Food and Drug Administration and Control (NAFDAC) over its renewed enforcement…
FG’s ₦501bn power sector bond programme records 100% subscription
The Federal Government of Nigeria has successfully issued a ₦501 billion inaugural bond under the Presidential Power Sector Debt Reduction Programme (PPSDRP), recording 100% subscription from pension funds, banks,…
Africa’s economic growth to rise to 4.0% in 2026 – UN report
Africa’s economic growth is projected to rise to 4.0 per cent in 2026 and 4.1 per cent in 2027, according to the United Nations World Economic Situation and Prospects 2026…
LASG, MTN to transform Obalende into modern bus transport hub
The Lagos State Government says it has approved transformation of the Obalende bus stop into a modern bus transport hub, sponsored by MTN as a Corporate Social Responsibility (CSR). This…
8 ships laden with commodities arrive Lagos ports
No fewer than eight ships have arrived at Lekki, Tincan, and Apapa ports in Lagos, waiting to discharge bulk urea, bulk sugar, bulk gypsum, empty containers, and base oil. The…
CBN: Curbing bank frauds, by Arize Nwobu
The Central Bank of Nigeria ( CBN) is in the forefront and in collaboration with other regulatory institutions to curb bank frauds and the results are manifest. Fraud losses fell…
Emirates, Air Peace activate bilateral agreement to boost global connectivity
Emirates and Air Peace, have announced the activation of a bilateral interline agreement to boost and expand seamless air connectivity between Africa, the United Arab Emirates (UAE), and London. This…
30 vessels to arrive Lagos ports with petroleum products, food – NPA
Nigerian Ports Authority (NPA) says 30 ships with petroleum products, food items and other goods will arrive at Apapa, Tin-Can Island and Lekki Deep Sea Ports in Lagos. The NPA,…