Business
Top 10 export destinations for Nigeria in Q1 2025: India takes the lead
Nigeria’s export trade saw a notable boost in Q1 2025, reaching N20.598 trillion, a 2.92% increase from N20.01 trillion recorded in the previous quarter.Year-on-year, this represents a 7.42% jump...
Business
Weekly Market Wrap: Premium stocks lead rally as All-Share Index hits N72 trillion cap, banking sector shines
The Nigerian equities market, as tracked by the All-Share Index (ASI), closed the trading week ended June 5, 2025, in positive territory, gaining 2,874.74...
Business
Gov Bago donates N1 billion to Mokwa flood victims, approves land for FG resettlement homes
Niger State Governor, Mohammed Umar Bago, has donated N1 billion to support victims of the recent flood disaster in Mokwa Local Government Area.The governor...
Business
Fitch upgrades Wema Bank’s National Rating to A–(nga), outlook raised to positive
Global credit rating agency Fitch Ratings has upgraded Wema Bank’s National Long-Term Rating from BBB(nga) to A–(nga), reflecting improved financial stability and a stronger...
Business
Top 10 Nigerian banks with the highest app downloads as of May 2025
In today’s rapidly evolving digital landscape, commercial banks in Nigeria are leveraging mobile banking applications to enhance customer convenience and drive financial growth.These apps...
Business
Nigerian Stock Market hits new record as June rally pops
The All-Share Index broke new ground this week, soaring above the 114,500 mark to close at 114,616.75 on June 5, 2025, sealing the first...
Business
Governor Sanwo-Olu replies to alleged discord reports with President Bola Tinubu
Lagos State Governor, Babajide Olusola Sanwo-Olu, has responded to media reports alleging a discord between him and President Bola Tinubu.Sanwo-Olu denied any discord between...
Business
Multichoice Nigeria loses 1.4 million subscribers in two years amid DStv price increments
African Pay-TV operator, Multichoice Group, on Wednesday released its audited results for the year-ended March 31, 2025, revealing that its Nigerian operation lost 1.4...
Business
How poor connectivity is locking rural Nigerians out of mobile money boom
In the quiet village of Temidire, nestled within the Ibarapa East Local Government Area of Oyo State, mobile phones are little more than decorative...
Business
Dangote Petrochemicals listing on NGX to strengthen Nigeria’s stock market – Chairman Kwairanga
The Nigerian Exchange Group (NGX) is actively preparing for the listing of Dangote Petrochemicals, a move expected to significantly boost market capitalization and deepen...
Business
Shettima launches Asset Restoration Programme, targets repurposing ‘thousands’ of abandoned assets across Nigeria
The Vice President of Nigeria, Kashim Shettima, has officially launched the National Asset Restoration Programme by the National Agency for Science and Engineering Infrastructure...