By Muhyideen Jimoh President Bola Tinubu has welcomed Nigeria’s 4.43 per cent economic growth in the second quarter of 2026, saying reforms are delivering results. The National Bureau of Statistics (NBS) reported on Monday that GDP grew by 4.43 per cent, compared with 4.23 per cent recorded in Q2 2025.Continue Reading
By Taiye Olayemi Insurance shareholders have called for increased penetration, improved dividends, stronger corporate governance and enhanced regulatory supervision following the sector’s recapitalisation. The shareholder associations made the call in interviews with the News Agency of Nigeria (NAN). They said the fresh capital injected into insurance companies should translate intoContinue Reading
By Kadiri Abdulrahman Abuja, Aug. 30, 2026 (NAN)The Central Bank of Nigeria (CBN) says the country recorded 947 million dollars in remittance inflows through International Money Transfer Operators (IMTOs) in July. The Governor of the CBN, Olayemi Cardoso, said this in a statement by the corporate communications department on SundayContinue Reading
By Vivian Emoni The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has pledged to deepen collaboration with Nigerian Extractive Industries Transparency Initiative (NEITI), to strengthen transparency, accountability and revenue mobilisation in extractive sector. The RMAFC Chairman, Dr Mohammed Shehu, said this when NEITI Executive Secretary, Mr Musa Adar, paid himContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) has advocated stronger private-sector participation through Public-Private Partnerships (PPPs), to revive viable moribund state-owned enterprises. Mr Agabaidu Jideani, Director-General of the chamber made the suggestion in an interview with the News Agency of Nigeria (NAN), on Friday in Abuja.Continue Reading
By Rukayat Moisemhe The Manufacturers Association of Nigeria (MAN) has called for a joint task force including the association, police and Lagos State Traffic Management Authority (LASTMA) to tackle illegal levies imposed on manufacturers. MAN President, Mr Francis Meshioye, made the call at the 55th Annual General Meeting of theContinue Reading
HONG KONG – On August 26, 2026, Meitu, Inc. (1357. HK) announced 2026 Interim Results: total revenue from continuing operations increased by 22.1% YoY to RMB 2.21 billion. Adjusted Net Profit attributable to Owners of the Company increased by 39.5% YoY to RMB 652 million. In the first halfContinue Reading
By Adeola Akinbobola The Association of Nigerian Electricity Distributors (ANED) has raised concerns over outstanding electricity debts owed by government Ministries, Departments and Agencies (MDAs). Mr Sunday Oduntan, the Managing Director, Chief Executive Officer of ANED, said this in an interview with the News Agency of Nigeria (NAN) onContinue Reading
By Okeoghene Akubuike The African Export-Import Bank (Afreximbank) and its subsidiaries (the Group) recorded a 30 per cent increase in net income to 534.7 million dollars in the first half of 2026. The bank disclosed this in a statement issued by Vincent Musumba, Communications and Events Manager, Afreximbank, on Wednesday,Continue Reading
By Hajara Leman The United Nations Industrial Development Organisation (UNIDO), in collaboration with Gombe State Government, has organised a capacity-building workshop on Small Hydropower (SHP) development in Gombe. The News Agency of Nigeria (NAN) reports that the project, geared towards the agro-industry development in Nigeria, is supported by the EuropeanContinue Reading
