By Okeoghene Akubuike The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate eased further to 22.22 per cent in June 2025. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for June 2025, which was released in Abuja on Wednesday. According to the report,Continue Reading
By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake, says Africa must rewrite its history powered by its minerals for its local development. Alake, also the Chairman of the Africa Minerals Strategy Group (AMSG), said this at the opening of the fourth edition of the Africans NaturalContinue Reading
By Taiye Olayemi Heirs Insurance Group (HIG) says its revenue increased from N20.5 billion in 2023 to N31.4 billion in 2024. The group, in its audited financial results for the year ended Dec. 31, 2024, said the figure representedContinue Reading
By Rukayat Moisemhe Diageo Nigeria, in partnership with Celebr-8 Lyfe and Lagos State Government, has launched a youth empowerment scheme under its flagship Learning for Life (L4L) programme. The initiative targets 250 Nigerian youths, with special focus on women and People with Disability (PwD), to promote inclusion and economic empowerment.Continue Reading
By Lucy Ogalue The ECOWAS Small Business Coalition (ESBC) has lauded the ECOWAS Commission’s Private Sector Directorate, for supporting women traders across the West African sub-region. Dr Abdulrashid Yerima, President of ESBC, also lauded the ECOWAS’s strong support and strategic backing that contributed to the success of the recently concludedContinue Reading
By Rukayat Moisemhe Credit expert, Mr Gbemi Adelekan, has warned that a negative credit profile could hinder Micro, Small, and Medium Enterprises (MSMEs) from accessing vital financial opportunities. Adelekan, also President, Money Lenders Association (MLA), made this known on Sunday in Lagos during an interview with the News Agency ofContinue Reading
By Kadiri Abdulrahman The Office of the Accountant-General of the Federation (OAGF), says it is addressing recent complaints regarding the non-receipt of June salaries by some civil servants. According to a statement issued by Bawa Mokwa, the Director, Press and Public Relations of the OAGF, the salary delay was particularlyContinue Reading
By Taiye Olayemi Lagos Chamber of Commerce and Industry (LCCI) has called for consistent policies and robust reforms to unlock the full potential of the capital market and double its capitalisation to N150 trillion. The President of LCCI, Mr Gabriel Idahosa,Continue Reading
By Taiye Olayemi The Securities and Exchange Commission (SEC) has advised stakeholders to fully harness the potential of the newly enacted Investments and Securities Act, 2025 (ISA 2025). Dr Emomotimi Agama, the Director-General of SEC, said this was to drive business growth and expand Nigeria’s capital market. Agama,Continue Reading
By Taiye Olayemi The Nigerian stock market continued on a bullish note on Thursday, marking a four-day positive trend in the week, as investors recorded N1.806 trillion gain. The positive performance was due to increased investor confidence in Nigeria’s equities market amid improved liquidity conditions and ongoing reforms. Market capitalisationContinue Reading
