Business

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

FG channels just 26% of N12trn loans to capital projects

The Federal Government utilised only N3.10trn for capital projects between January and September 2025, despite securing N11.89trn in debt financing…

1 month ago

Kano chicken sellers decry poor Sallah sale

Broiler chicken sellers at Tarauni Market in Kano have expressed concern over low patronage as Muslims prepare for the Eid-el-Kabir…

1 month ago

Stock market slides ahead of Eid, investors lose ₦888bn

Nigeria’s equities market reversed its recent gains on Tuesday, shedding about ₦888 billion in market value as investors took profits…

1 month ago

Okomu Oil records N172.6bn revenue from palm products as profit hits N123.3bn

Okomu Oil Palm Company Plc says its total revenue from palm products rose to N172.6 billion in 2025, representing a…

1 month ago

Airtime lending resumes as FCCPC halts enforcement of regulations

Telecom subscribers in Nigeria have regained access to emergency airtime lending services after Federal Competition and Consumer Protection Commission suspended…

1 month ago

Sallah demand pushes ram prices to N1m, cow N2.5m in Kano, Kaduna markets

Prices of livestock and staple food commodities have surged across major markets in Kano and Kaduna states, with rams now…

1 month ago

Stock market investors gain N905bn amid bullish rally

The Nigerian stock market opened the week on a positive note on Monday, May 25, 2026, as investors gained N905…

1 month ago

NNPC, marketers oppose Dangote’s bid to halt fuel imports

The Nigerian National Petroleum Company Limited has asked a Federal High Court in Lagos to dismiss a suit by the…

1 month ago

Court bars Mamuda Beverages over Fearless drink trademark dispute

A Federal High Court sitting in Abuja has restrained Mamuda Beverages Nigeria Limited from continuing to produce its "Pop Power"…

1 month ago

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