By Taiye Olayemi The equities market recorded an impressive performance in 2025, with total market capitalisation rising by N36.62 trillion. This brought the market’s value to N99.4 trillion by the close of trading on Dec. 31, compared with N62.76 trillion at the end of 2024. Stock investors recorded a 51.19Continue Reading
PMI By Kadiri Abdulrahman Abuja, Dec. 31, 2025 (NAN) The Central Bank of Nigeria (CBN) has reported a further strengthening of domestic economic activity in December 2025, as the Composite Purchasing Managers’ Index (PMI) maintained its position above the 50-point expansion threshold. The December 2025 PMI survey released by theContinue Reading
By Kadiri Abdulrahman Nigeria recorded an overall Balance of Payments (BOP) surplus of $4.60 billion l in the third quarter of 2025, marking a turnaround from the deficit position in the preceding quarter. This is according to data released by the Central Bank of Nigeria (CBN). The apex bank said thatContinue Reading
By Muhyideen Jimoh President Bola Tinubu says the new tax laws, including those that took effect on June 26, and others scheduled to commence on Jan. 1, 2026, will be implemented as planned. The president disclosed this in a statement on Tuesday. Tinubu described the reforms as a once-in-a-generation opportunityContinue Reading
The Presidential Initiative on Compressed Natural Gas (Pi-CNG) and Electric Vehicles (EVs) has signed an agreement with You Jie Te Environment Technology Ltd (YJT) to localise the manufacturing of critical energy infrastructure in Nigeria.
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Christmas By Okeoghene Oghenekaro The Director-General, Infrastructure Concession Regulatory Commission (ICRC), Dr Jobson Ewalefoh, has urged Nigerians to embrace love, hope and a renewed sense of responsibility to national development as they celebrate Christmas. Ewalefoh made the call in a Christmas message on Wednesday in Abuja. He described the seasonContinue Reading
By Lucy Ogalue The Federal Government has signed a Memorandum of Understanding (MOU) with RSE Energy Nigeria to provide off-grid and embedded power solutions for industrial clusters across the country. During the signing ceremony on Tuesday in Abuja, the Minister of State for Industry, Sen. John Enoh, said that theContinue Reading
By Taiye Olayemi The Nigerian equities market closed bullish on Tuesday, leading to N578 billion gains for investors. This marks the 9th consecutive bullish session. Gains in stocks like: Aluminium Extrusion Industries, Austinlaz, Custodian Investment, First Holding Company, FTN Cocoa Processors and 24 others drove the market into positive terrain.Continue Reading
By Okeoghene Akubuike The Director-General, Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, says the bureau is committed to strengthening the economy through procurement reforms and implementing the ‘Nigeria First’ policy. Adedokun said this in a statement by Zira Nagga, Head of Press and Public Relations, BPP, in Abuja onContinue Reading
By Taiye Olayemi Agusto & Co. has assigned a “Bbb-” long-term rating with a stable outlook to Universal Insurance Plc, citing the company’s long operating history, improved profitability and sound underwriting performance. The rating agency in a statement on Monday, said the insurer’s strong solvency position, with a margin ofContinue Reading
