Economy

Firm unveils innovative cold chain solution to cut food losses

Eja-Ice, a solar-powered refrigeration and cold chain company, has unveiled innovative cold chain solutions at its first-ever product showcase, a move that could potentially...

Banks’ total assets to reach N242.3trn by December 2025 – Agusto & Co.

…N1.7trn raised by 16 lenders in 2024 as recapitalisation intensifies Nigeria’s banking industry is projected to sustain its growth momentum, with total assets and contingents...

Insurance, consumer goods, banking stocks dip market by 0.73%

Investors who moved into the market on Wednesday to take profit in earlier rallied insurance, consumer goods and banking stocks caused the market’s decrease...

Why Nigeria has not struck a trade deal with the US

Nigeria has not struck a comprehensive trade deal with the United States because the government is prioritising consultation over quick retaliation. This was according to...

FMDQ secondary market turnover up 52.33% year-on-year to N46.66trn

FMDQ Exchange has released its markets monthly report for July 2025, saying that its secondary turnover was N46.66trillion.This record secondary market turnover in July...

Presco’s expansion plans to save FX, cut edible oil import by 40%

Presco Plc is ramping up plans to further expand its footprint across West Africa in a move that could save the country scarce FX...

Tinubu scraps 5% excise duty on telecom services, says NCC

President Bola Tinubu has permanently removed a 5% tax on telecommunications services, according to the head of Nigeria’s communications regulator. Aminu Maida, who is the...

Nigeria’s Eurobond market return likely on expected US rate cuts

Nigeria may soon return to the Eurobond market on the expectation of a United States’ rate cut in September that read more Nigeria’s Eurobond market...