economy

Banker Awards 2025: UBA emerges Africa’s best Bank of the Year

……….For 3rd Time in Five Years, Wins Best Bank in Nine out of 20 African Subsidiaries Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed its…

Read More

Market gains N1.287trn as equities rally

The Nigerian equities market posted a positive performance on Tuesday as investors added N1.287 trillion to their portfolios. The rise was driven by renewed interest in Dangote Cement, NCR Nigeria,…

Read More

Rice farmers predict price drop as Lagos pegs bag at N57,000

Some Farmers’ associations in Lagos State have predicted further drop in the price of the commodity ahead of the yuletide following Gov. Babajide Sanwo-Olu’s slash in the price of Lagos…

Read More

NGX rebounds as investors gain N111bn

Trading on the Nigerian Exchange bounced back to a bullish position on Thursday as investors booked a combined gain of N111 billion after Wednesday’s decline. The recovery was supported by…

Read More

AfDB approves $500m loan for Nigeria’s econ, energy transition reforms

The Board of Directors of the African Development Bank (AfDB) Group has approved a 500 million dollars loan to Nigeria. The loan is to enable the Federal Government to finance…

Read More

AfDB postpones 2025 Africa Economic Conference

The African Development Bank Group (AfDB) has announced the postponement of the 2025 African Economic Conference (AEC), earlier scheduled to hold from December 7 to 8. The AfDB in a…

Read More

NDLEA intercepts illicit drugs worth millions of naira

The National Drug Law Enforcement Agency (NDLEA) in collaboration with Kogi State have intercepted a  large volume of illicit drugs allegedly worth millions of Naira in the state. The Commissioner…

Read More

Google inaugurates Gemini 3, ushering in a new era of Agentic AI

Google has announced the inauguration of Gemini 3, its most intelligent and capable Artificial Intelligence (AI) model designed to bring state-of-the-art reasoning and powerful new agentic capabilities to the Google…

Read More

Customs sets new record, generates N304bn

….. in October The Area Controller, Apapa Customs Command, Emmanuel Oshoba, says the command is beginning a greater revenue drive, generating N304 billion revenue in October. Oshoba, a Comptroller of…

Read More

16 vessels expected in Lagos ports with petroleum, other goods

The Nigerian Ports Authority (NPA) says 16 ships laden with petroleum products, food items and other goods are expected to arrive at Apapa and Tin-Can Island ports in Lagos. NPA…

Read More