Sunday, May 18, 2025

Economy

May 18, 2025

Traders, consumers lament as prices of crayfish soar by 180% in Lagos markets

Another trader at the Alimosho Market, Idaya Mashika, highlighted poor storage conditions as a challenge for sellers.

Crayfish
May 18, 2025

Nigeria committed to deepening trade, investment ties with U.S.: Envoy

Mr Jidda called on investors to leverage Nigeria’s strategic reforms and immense economic potential.

Nigerian and United States flag (Credit: Guardian)
May 17, 2025

Investors traded ₦63.79 billion in weekly deals: NGX

The NGX All-Share Index rose by 0.90 per cent to close at 109,710.37 points.

Nigeria Exchange (NGX)
May 17, 2025

Naira ends week strong against dollar

Thursday’s trading session saw a minor setback, with the naira slipping by N2.62 against the dollar.

Naira and Dollar
May 16, 2025

Drop in Nigeria’s inflation rate shows Tinubu’s economic policies paying off: Minister

Mr Idris assured that President Bola Tinubu’s administration would sustain the momentum of economic improvement by prioritising people-centred policies.

Mohammed Idris
May 16, 2025

FG orders mandatory lease registration

“This waiver reflects our commitment to easing compliance and encouraging broader adherence to the Equipment Leasing Act,” he said.

Equipment Leasing Regulatory Agency
May 16, 2025

Council urges African countries to prioritise industrialisation over raw material extraction

“If Value Addition Mandate is implemented effectively for 12 months, the country’s gross domestic product has the potential to rise by 12 per cent,” he said.

Mining site
May 16, 2025

Access Holdings charts bold growth path for 2025

At the company’s third annual general meeting in Lagos, Ms Agbede projected stronger outcomes for 2025 and the years ahead.

Bolaji Agbede
May 16, 2025

Nigeria joins EBRD to boost economy

The minister noted the development aligns with President Bola Tinubu’s ‘Renewed Hope Agenda’.

European Bank for Reconstruction and Development
May 16, 2025

Sahara boss expresses confidence in Tinubu’s energy reforms

Kola Adesina, the managing director of Sahara Group, has expressed confidence in President Bola Tinubu’s energy sector reforms.