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
By Vivian Emoni The Federal Government has demonstrated its commitment toward achieving one trillion dollars economy by 2030 through domestic investment summit to actualise its 8-point Renewed Hope Agenda. Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, said this at a Domestic Investment Summit, in Abuja on Monday. TheContinue Reading
By Taiye Olayemi The Nigerian stock market opened bullish on Monday, resulting in a gain of ₦152 billion for investors. This extended the previous week’s four-day rally. The uptrend was driven by increased investor interest in stocks such as Cutix, International Energy Insurance, TIP, Caverton Offshore Support, and 37 others.Continue Reading
By Martha Agas The Miners Association of Nigeria (MAN) has called for stronger inter-agency collaboration to ensure strict compliance with Environmental Impact Assessment (EIA) requirements, as mandated by law for mining companies before they begin operations. The National President of the association, Mr Dele Ayankele, made the call in anContinue Reading
By Vivian Emoni The Federal Government has expressed commitment to boost non-oil exports, attract quality investment to position Nigerian enterprises for economic growth. Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, made the commitment at the Domestic Investment Summit, on Monday in Abuja, with the theme, “Operationalising Nigeria FirstContinue Reading
By Vivian Emoni The Federal Government has expressed commitment to boost non-oil exports, attract quality investment to position Nigerian enterprises for economic growth. Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, made the commitment at the Domestic Investment Summit, on Monday in Abuja, with a theme, “Operationalising Nigeria FirstContinue Reading
By Taiye Olayemi Central Securities Clearing System Plc (CSCS), Nigeria’s capital market infrastructure, has launched its Custodian Portal, a user-centric digital solution designed to optimise custodian operations through intuitive, secure, and efficient features. Haruna Jalo-Waziri, Chief Executive Officer (CEO), CSCS, made this knownContinue Reading
