- Perspectives
NDC, Peter Obi; Whither!, by Kola Amzat
In his innermost mind, Mr. Peter Obi is well aware of the fact that he has no chance whatsoever as far as the 2027 presidential duel is concerned. Just as he was roundly overwhelmed in the 2023 polls, of course, he’s aware that he wouldn’t escape another round of crushing defeat if he ever makes it to the ballot paper…
Read More » - Economy
Finance Minister advocates commercial dispute tribunal to unlock capital
…Agama calls for research-driven policies to strengthen capital market The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has proposed the establishment of a specialised Commercial Dispute Resolution Tribunal to fast-track the resolution of business disputes, arguing that faster justice delivery is critical to attracting long-term investment and deepening Nigeria’s capital market. The minister made the proposal…
Read More » - Business
FMDQ FX market turnover increases by 22% to $2.84bn WoW
FMDQ Exchange has revealed that the Foreign Exchange (FX) market recorded a total turnover of $2.84 billion in the week ended June 26, 2026, as trading activity strengthened across both spot and derivatives segments. According to the FMDQ report, a total turnover of $2.84 billion represented an increase of $512.37 million, or 22.06per cent, compared with the $2.32 billion recorded…
Read More » - Economy
British International Investment announces over £1bn for African businesses in 2025
British International Investment (BII), the UK’s impact investor and development finance institution, on Monday announced that it had made £1.07 billion of investments in Africa in 2025. The figure represented 59 per cent of BII’s total investments over the year – underlining its enduring commitment to the African continent. BII also announced that its climate commitments have exceeded $1 billion…
Read More » - Company Report
Ellah Lakes acquires equipment for palm kernel oil mill in Edo State
Ellah Lakes Plc has announced the acquisition of the first batch of expellers and presses for its planned Palm Kernel Oil mill as part of efforts to expand its processing operations and diversify its revenue sources. The agribusiness company also announced that the number of pigs on its farm has surpassed 1,000, as it continues to scale its livestock operations…
Read More » - Perspectives
Oyo electorates: 2027 polls present another window to reunite with country’s mainstream politics, by Kola Amzat
Barring any unforeseen circumstances, President Bola Tinubu is poised for a second term in office. He has vigorously toiled for it. He has assiduously labored for the re-election bid and all things being equal, he’s obviously on the threshold of a triumphant outing. In the fullest of time, Nigerians would discover that the dissenting voices of the members of opposition…
Read More » - Business
Zenith Bank expands branch network in Delta state
Zenith Bank Plc has expanded its presence in Delta State with the official opening of a new branch in Osubi, Okpe Local Government Area, becoming the first commercial bank to establish a presence in the Osubi community. The move reaffirms the Bank’s commitment to financial inclusion by bringing world-class financial services closer to communities and businesses. The commissioning ceremony, held…
Read More » - Economy
Dangote refinery reduces petrol ex-gantry price by N50 to N1,125/litre
Dangote Petroleum Refinery has reduced the ex-gantry price of premium motor spirit (PMS), also known as petrol, by N50 per litre to N1,125 per litre. In a notice to customers, the refinery said the ex-depot price has been adjusted downward from N1,175 per litre to N1,125 per litre, while the coastal supply price was reduced from N1,495,215 per metric tonne…
Read More » - Business
Nigerians can acquire vehicles with 10% deposit under Access Bank financing initiative
Nigerians will be able to acquire vehicles with as little as a 10 per cent deposit and receive financing approval under a new vehicle financing initiative launched by Access Bank, which offers funding of up to 90 per cent of a vehicle’s value and repayment tenures of more than four years. Speaking at AutoFest, the vehicle financing initiative launched in…
Read More » - Economy
Nigeria’s 2026 inflation forecast to reach 16.9%, says S&P Global
S&P Global has raised its forecast for Nigeria’s average inflation rate in 2026 to 16.9 per cent , from its earlier projection of 15per cent, citing stronger-than-expected pass-through from oil prices to domestic energy costs. The ratings agency disclosed this in its latest assessment, titled Economic Outlook Emerging Markets Q3 2026: Inflationary Pressures Will Persist. It also lowered Nigeria’s gross…
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