Business

IFC proposes $15m loan to Aderinwale for Justrite’s expansion

The International Finance Corporation (IFC) is considering a naira-equivalent loan of up to $15 million for Justrite, the Nigerian supermarket…

4 months ago

Insecurity, high costs force closure of 40% of Nigerian bakeries — PBAN

The Premium Breadmakers Association of Nigeria (PBAN) has warned that Nigeria’s food supply chain is under severe strain, revealing that…

4 months ago

Bitcoin sinks to 6-month low

Bitcoin dropped to its lowest level in six months on Friday, November 14, 2025, as a sell-off in risk assets…

4 months ago

Stock market investors gain N1trn

The Nigerian stock market extended its positive streak on Thursday, November 13, 2025, with investors’ portfolios gaining N1.003 trillion in…

4 months ago

Nigeria’s livestock sector contributes $32bn to GDP – FG

The Federal Government says Nigeria’s livestock sector currently contributes over $32 billion to the nation’s Gross Domestic Product (GDP), with…

4 months ago

SEC to introduce T+2 settlement cycle in Nigerian capital market from November 28

The Securities and Exchange Commission (SEC) has announced that the Nigerian capital market will transition to a T+2 settlement cycle…

4 months ago

Stock market rebounds with N2.59trn gain for investors

The Nigerian stock market rebounded strongly on Wednesday, November 12, 2025, gaining N2.593 trillion in value and boosting investors’ portfolios.…

4 months ago

CBN, Finance Ministry launch joint strategy to curb inflation, achieve 7% GDP growth

The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have unveiled a new joint economic framework, the…

4 months ago

Onne Terminal receives first direct vessel from China

The Onne Multipurpose Terminal (OMT) has achieved a major milestone with the arrival of MSC Dorine V, the first vessel…

4 months ago

Nigeria’s decade of gas falters amid slow progress

Four years into the federal government’s “Decade of Gas” initiative, Nigeria’s goal of becoming a gas-powered economy by 2030 remains…

4 months ago

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