Business

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

CBN shifts PoS geo-fencing deadline to August 1

The Central Bank of Nigeria has extended the enforcement deadline for the geo-fencing of Point-of-Sale (PoS) terminals to August 1,…

1 month ago

Petrol price hits N1,532 per litre in April — NBS

National Bureau of Statistics has reported a sharp increase in the average retail price of petrol, which rose from N1,288.54…

1 month ago

Manufacturing slump could stall Nigeria’s economic gains — CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s weak manufacturing sector poses a serious risk…

1 month ago

Kefas approves N500m youth start-up fund in Taraba

Governor Agbu Kefas has approved a N500 million youth start-up fund aimed at boosting entrepreneurship, reducing unemployment, and driving economic…

1 month ago

MTN pays N879bn in taxes as revenue, profit surge

MTN Nigeria remitted a total of N878.7bn in taxes, levies, and duties to federal and state governments in 2025, marking…

1 month ago

CBN rate cut draws N105bn cash back into banking system

Cash held outside Nigeria’s banking system dropped by N104.76bn between February and April 2026, following a reduction in interest rates…

1 month ago

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