By Taiye Olayemi The stock market closed on a positive note on Wednesday, as performance indices grew by 0.08 per cent amid increased buying interest and bargain hunting. Market capitalisation rose by N67 billion, or 0.08 per cent, to close at N83.856 trillion, compared with N83.789 trillion on Tuesday. Similarly,Continue Reading
By Lucy Ogalue The Minister of State for Industry, Sen. John Enoh, has inaugurated the reconstituted governing board of the National Automotive Design and Development Council (NADDC) to drive the sector. Enoh charged members of the board to play a pivotal role in transforming Nigeria’s automotive sector. He described theContinue Reading
By Grace Alegba The Centre for the Promotion of Private Enterprise (CPPE) says the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to hold the interest rates was anticipated. Dr Muda Yusuf, Chief Executive Officer of CPPE, said this in an interview with theContinue Reading
By Kazeem Akande Traders in Daleko Market, Mushin, Lagos State, on Wednesday prevented officials of the Federal Competition and Consumer Protection Commission (FCCPC) from carrying out an enforcement exercise regarding the illegal sale of rebranded rice. The News AgencyContinue Reading
By Muhyideen Jimoh President Bola Tinubu has directed the National Single Window (NSW) Steering Committee to ensure that the platform becomes fully operational by the first quarter of 2026. The directive was delivered during Tuesday’s fifth steering committee meeting at the State House, Abuja. This is containedContinue Reading
By Taiye Olayemi The Nigerian stock market continued its upward trajectory with a gain of N396 billion on Tuesday. Market capitalisation rose by N396 billion or 0.47 per cent, closing at N83.789 trillion when compared to the previous day’s N83.393 trillion. Similarly, the All-Share Index (ASI) climbed by 624.96 pointsContinue Reading
By Kingsley Okoye The Senate has passed for second reading a bill to amend the Nigerian Export-Import Bank (NEXIM) Act to allow recapitalisation and better governance structure. This followed the presentation of the bill’s general principles on Tuesday by Sen. Abiru Adetokunbo (APC–Lagos) during plenary. In his lead debate, AbiruContinue Reading
By Kadiri Abdulrahman The Minister of State for Finance, Dr Doris Uzoka-Anite, says it is important to check the menace of Illicit Financial Flows (IFFs) to enhance national development and economic sovereignty. Uzoka-Anite said this on Tuesday in Abuja, at the National Conference on IFFs organised by the Federal InlandContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS) says Nigeria’s Gross Domestic Product (GDP) grew by 3.13 per cent on a year-on-year basis in real terms in the first quarter of 2025. The Statistician-General (S-G) of the Federation, Adeyemi Adeniran, made the announcement at a news briefing on theContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) has announced the postponement of the implementation of new fees and penalties for document downloads on its upgraded registration portal to Sept. 1. The CAC, in a public notice released on Monday in Abuja, said the decision to delay the rollout followedContinue Reading
