Business

Samsung, Hyundai announce $350bn investments after US-South Korea trade deal

Samsung Electronics, Hyundai Motor, and other major South Korean manufacturers have unveiled domestic investment plans, as a United States trade…

6 months ago

FG targets ₦160bn from 2025/2026 wheat production

The Federal Government says it is targeting an output value of about ₦160 billion from wheat production in the 2025/2026…

6 months ago

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…

6 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…

6 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…

6 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…

6 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…

6 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…

6 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.…

6 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…

6 months ago

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