BUSINESS

Manufacturing Capital Inflows Drop 51 Percent To $152.3m In Q1 2026

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  By Ayo Kehinde   Nigeria’s manufacturing sector recorded a sharp decline in foreign capital inflows in Q1...

Foreign Capital Inflows Surge 84 percent to $10.37bn as Investors Flock to Nigerian Assets

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  By Ayo Kehinde     Nigeria recorded a sharp rise in foreign capital inflows in the first...

Transport Costs Rise Across Nigeria as Intercity Bus/Air Fare Hits All Time High in Abia, Kwara,Kano, Kaduna, Zamfara, Others in April

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By Ayo Kehinde         Transportation costs remained elevated across Nigeria in April 2026, with the...

Cardoso Reshuffles CBN Leadership

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By Ayo Kehinde Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reassigned the responsibilities of...

Market Extends Decline as Investors Lose ₦478bn

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By Ayo Kehinde The Nigerian equities market closed lower on Tuesday, extending its bearish run as sustained sell...

Crude Oil Production Unaffected As Workers Protest Foreign Training Policy, Says  NUPRC

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From Victor Osula, Abuja           The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured...

Food Prices Ease As Garri, Beans Record Sharp Declines In April, Says NBS

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  By Ayo Kehinde   Prices of key food staples fell significantly in April 2026, offering consumers some...

Banks Lends Govt ₦15.66trn In One Year As Private Sector Credit Slows, Says CBN

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  By  Ayo Kehinde   Nigerian banks increased their lending to the Federal Government by ₦15.66 trillion over...

NBS: Petrol Price Surges 19 percent To ₦1,533/Litre As Energy Costs Intensify Nationwide

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    Nigeria’s transport fuel costs rose sharply in April 2026 as the average retail price of Premium...

FG Borrows N11.9tn, Spends Only N3.1tn on Capital Projects in 2025

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  By  Ayo Kehinde       The Federal Government recorded fresh borrowings of N11.89 trillion in the...