Business

Power crisis persists despite $3.6bn World Bank support – Report

Nigeria’s electricity challenges remain unresolved despite receiving over $3.6bn in funding from the World Bank over the past two decades,…

4 weeks ago

2027 elections loom as CBN targets N2.83trn cash outside banking system

As Nigeria approaches the 2027 general elections, the Central Bank of Nigeria has unveiled an ambitious plan to draw an…

4 weeks ago

Nigeria’s AUM rises from N3.2trn to N10trn in two years ― SEC

The Securities and Exchange Commission (SEC) has disclosed that Nigeria’s Assets Under Management (AUM) increased from N3.2 trillion to N10…

4 weeks ago

NGX investors lose N1.81trn as market capitalisation drops to N158trn

Investors lost N1.811 trillion on Monday as widespread profit-taking in major equities dragged the stock market into negative territory on…

4 weeks ago

inDrive launches global anti-bullying campaign, targets Nigeria expansion

Global mobility and delivery platform inDrive has launched an international social initiative aimed at tackling school bullying, with plans to…

4 weeks ago

Bad loans climb to 8.03% as CBN ends forbearance

Non-performing loans (NPLs) in Nigeria’s banking sector rose to 8.03 per cent in January 2026, reflecting mounting pressure on lenders…

1 month ago

NGX investors gain N4.5trn as market capitalisation hits N160.5trn in May

The Nigerian stock market sustained its positive momentum in May 2026, with investors gaining N4.514 trillion as renewed buying interest…

1 month ago

FG targets 37,000 women, youths in dairy value chain

The Federal Government has unveiled plans to create economic opportunities for 37,000 women and youths across Nigeria’s dairy value chain,…

1 month ago

NNPC revenue jumps to N4.97trn in April

Nigerian National Petroleum Company Limited recorded a sharp increase in revenue in April 2026, with earnings rising to N4.97 trillion…

1 month ago

Stock market rebounds as investors gain N414bn

The Nigerian stock market closed the last trading day in May on a bullish note on Friday, May 29, 2026,…

1 month ago

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