Champion Breweries Completes N15b CP Redemption

Champion Breweries PLC has fully redeemed its N15 billion commercial paper issuance, repaying N10.78 billion in Series 2 and N4.22 billion in Series 1, reflecting strong liquidity and investor confidence.

Naira Gains 1.58% on FX Liquidity, Bond Market Weakens

The Nigerian naira strengthened by 1.58% at the official market this week, closing at N1,359.32/$, amid improved foreign exchange liquidity and stable investor sentiment, while the domestic bond market weakened with rising yields.

CPPE Faults World Bank's Import Advice for Nigeria

The Centre for the Promotion of Private Enterprise warns that World Bank recommendations for increased fuel and food imports could undermine Nigeria's economic reforms and domestic production gains.

ESG: The Real Leadership Test in Nigeria's Oil and Gas

Nigeria's oil and gas industry faces a critical juncture as Environmental, Social, and Governance (ESG) principles shift from compliance to a survival strategy. With global pressures and local demands, companies must embed ESG into operations to secure in

Stock Market Rally Boosts Investor Wealth by N1.36 Trillion

The Nigerian equities market continued its upward trend, with investors gaining N1.36 trillion as blue-chip stocks drove gains. The all-share index rose 1.03% to 203,770.42 points, while market capitalisation increased to N131.17 trillion.

Energy Crisis Fuels Service Charge Disputes in Nigeria

Rising energy costs from global crises and Nigeria's grid failures are driving conflicts between tenants and facility managers over service charges, pushing real estate toward alternative solutions like solar power.

Tax Reform Committee Rejects Claims of Errors in New Laws

The Presidential Fiscal Policy and Tax Reforms Committee has dismissed media reports that Minister of State for Finance Taiwo Oyedele admitted errors in Nigeria's new tax laws, calling them misleading. The committee highlighted early gains from the reform

FG Finalizes 2026-2030 Development Plan for Economic Growth

The Federal Government is in the final stages of preparing the Medium-Term National Development Plan 2026-2030, aiming to transition Nigeria to an upper-middle-income economy by 2050 through strategic policies and resource leveraging.

FG Cuts Tariffs on Food, Vehicles in 2026 Fiscal Policy

The Nigerian Federal Government has announced significant tariff reductions on essential imports including rice, sugar, palm oil, and vehicles under the 2026 Fiscal Policy Measures, potentially lowering consumer prices.

Nigerian Stock Market Gains N707bn as N31.5bn Traded

The Nigerian stock market closed higher with a N707 billion gain, driven by strong performances in banking, consumer goods, and industrial sectors, while over 548 million shares worth N31.5 billion were exchanged.

Page 138 of 342
Pickt mobile sticky banner — logo, tagline and CTA button