Afreximbank seeks digital innovation to unlock Nigeria’s trade potential

Okeoghene Akubuike The African Export-Import Bank (Afreximbank) says digital transformation is critical to unlocking trade and investment potential under the African Continental Free Trade Area (AfCFTA). Dr Yemi Kale, Group Chief Economist and Managing Director, Research, Afreximbank, stated this at an engagement event on “Unlocking Nigeria’s Trade and Investment PotentialContinue Reading

CIoD leaders urge ethical governance to protect corporate reputation

By Rukayat Moisemhe Corporate governance experts have urged ethical leadership, disciplined structures, and strong crisis preparedness to protect corporate reputation in turbulent periods. They spoke during the Chartered Institute of Directors’ (CIoD) induction ceremony on Thursday in Lagos. The event, which inducted 334 new members and 10 upgrades, had theContinue Reading

Stock market maintains bullish rally with N97bn gain

By Taiye Olayemi The Nigerian stock market closed bullish on Thursday, leading to N97 billion gains for investors. This marked the third consecutive positive rally in the week. The positive performance was driven by sustained investors’ interest in stocks like UACN, Morison, Ecobank Transnational Incorporated, WAPIC, AXA Mansard and 18Continue Reading

FEC approves 2026–2028 MTEF, targets N34.3trn revenue

By Muhyideen Jimoh The Federal Executive Council (FEC) on Wednesday approved the 2026–2028 Medium-Term Expenditure Framework (MTEF), outlining revenue projections, fiscal assumptions and spending priorities for the next three years. The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, briefed State House Correspondents after the meeting presided over byContinue Reading

Developing countries’ debt outflows hit 50-year high — World Bank

Okeoghene Akubuike The World Bank says developing countries paid 741billion dollars more in principal and interest on their external debt than they received in new financing between 2022 and 2024. A statement issued by the World Bank Online Media Briefing Centre on the latest International Debt Report on Wednesday, saidContinue Reading

BPP reaffirms commitment to fighting procurement fraud

By Okeoghene Akubuike Director-General(D-G),Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, has restated the Federal Government’s commitment to eliminating procurement fraud and strengthening transparency across Ministries, Departments and Agencies (MDAs). Adedokun said this in a statement issued by Zira Nagga, BPP’s Head of Press and Public Relations in Abuja onContinue Reading

FG reaffirms commitment to fiscal discipline, regulatory clarity

By Vivian Emoni The Federal Government has expressed commitment to ensure strong and effective fiscal discipline and regulatory clarity as the nation prepares for full implementation of new fiscal reforms in 2026. Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, made the commitment at a high-level virtual stakeholders’ dialogueContinue Reading