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News
Alawuba: Improved Economic Indicators Signal Nigeria’s Gradual Stabilisation
5+ hour, 20+ min ago (623+ words) Group Managing Director of UBA, Alawuba says improving economic indicators signal gradual stabilisation but urges policies to translate gains into prosperity. Group Managing Director of United Bank for Africa (UBA) and Chairman of the Body of Bank CEOs in Nigeria,…...
NUPRC: Nigeria’s Oil Output Hits 1.68m Bpd, Meets OPEC Quota For Fourth Straight Month
5+ hour, 28+ min ago (421+ words) NUPRC says Nigeria’s oil output rose to 1.68m bpd in August, meeting its OPEC quota for the fourth consecutive month. Nigeria’s crude oil and condensate production rose marginally by 6,887 barrels per day (bpd) in August 2026, reaching 1,677,777 bpd, according to the latest…...
Ogun Approves New Roads, Hospitals, Power Investment, MSME Agency
5+ hour, 19+ min ago (428+ words) Ogun State Executive Council approves new roads, hospitals, power investment and MSME agency to drive economic growth. The Ogun State Executive Council has approved a fresh package of infrastructure and economic development projects, including new road constructions, two general hospitals,…...
US Commends Nigeria As 12-Year Maritime Security Restriction On Vessels Is Lifted
5+ hour, 14+ min ago (514+ words) US commends Nigeria’s maritime security reforms after 12-year vessel restriction is lifted, easing trade and shipping costs. The United States Government has commended Nigeria for its sustained maritime security reforms, which culminated in the lifting of the 12-year Condition of…...
Dangote Predicts Refinery Shares Could Rise From N525 To N10,000
1+ day, 2+ hour ago (707+ words) Aliko Dangote says refinery shares could rise to N10,000 as small investors receive priority in the planned IPO allocation. President of Dangote Industries Limited, Aliko Dangote, has said shares of the Dangote Petroleum Refinery, currently offered at N525, could rise to N10,000 in…...
NGX Market Value Hits N215.09tn After N65.4tn Surge In Eight Months
1+ day, 2+ hour ago (766+ words) Nigerian Exchange securities market value reaches N215.09 trillion after gaining N65.4 trillion in the first eight months of 2026. Buoyed by renewed investor confidence, impressive corporate earnings, and foreign exchange reforms, the overall market capitalisation of securities listed on the Nigerian Exchange Limited…...
Chris Iyovwaye: Delta Will Produce What It Imports, Reduce Capital Flight If I’m Elected Governor
23+ hour, 28+ min ago (406+ words) Chris Iyovwaye says Delta will produce most of what it imports if he is elected governor, reducing capital flight and strengthening state economy. The governorship candidate of the Nigerian Democratic Congress (NDC) in Delta State, Chris Iyovwaye, says he will…...
Chris Iyovwaye: Delta Is An Industrial Hub But Government Has Failed To Harness Its Potential
23+ hour, 29+ min ago (376+ words) Chris Iyovwaye says Delta State is an industrial hub with significant economic potential that government has failed to harness. The governorship candidate of the Nigerian Democratic Congress (NDC) in Delta State, Chris Iyovwaye, has described the state as an industrial…...
NASENI Empowers 300 Anambra Residents, Trains 100 In Electrical, POP Installation
23+ hour, 48+ min ago (436+ words) NASENI empowers 200 women with food items and clean cooking stoves, while training 100 artisans in electrical and POP installation. The National Agency for Science and Engineering Infrastructure, NASENI, has empowered 300 people in Anambra State as part of the Renewed Hope Agenda…...
German Firms Increase China Investment As US Outlays Decline, IW Study Finds
1+ day, 6+ min ago (250+ words) German firms increased investment in China while reducing outlays in United States during the first half of 2026, IW study finds. German companies increased their investment in China by €5.6 billion ($6.50 billion) compared with the same period last year, according to an…...