Friday, November 13, 2026

Economy

October 23, 2026

Mbah inaugurates multibillion-naira pharmaceutical company in Enugu

Governor Peter Mbah has inaugurated Anchorage Pharmaceutical Industries Limited, a multibillion-naira pharmaceutical company in Trans-Ekulu, Enugu.

Peter Mbah
October 23, 2026

Women-led businesses targeted as DBN, AfDB sign $61 million financing agreement

The Development Bank of Nigeria has signed a $61 million gender-focused financing agreement with the African Development Bank to support women-led businesses.

AfDB
October 23, 2026

Customs plans less physical cargo inspection with new scanners, tracking system

The Nigeria Customs Service has completed factory tests on newly acquired cargo scanners and an electronic tracking system in China before shipping them to Nigeria.

Customs at Lagos port
October 23, 2026

Businesses seek easier Nigeria-China payments as Cardoso meets investors

Business leaders operating between Nigeria and China have called for more efficient cross-border payments and stronger banking ties.

Olayemi Cardoso
October 23, 2026

Nigerians hold 89% of cash outside banks as money supply rises to N146.6 trillion

Cash held outside Nigeria’s banks increased to N4.92 trillion in September 2026, accounting for nearly nine out of every N10 in circulation.

Stash of naira cash
October 23, 2026

NEC backs 90-day plan to ease hardship, lower food and transport costs

NEC endorsed a 90-day economic action plan to ease the cost of living for Nigerians, focusing on food affordability and household support.

October 23, 2026

MTN ‌executive urges stronger accountability for telecom infrastructure

Mr Okigbo made the call on Thursday in Lagos while addressing Cohort 5 participants of the MTN Media Innovation Programme ahead of the fellowship’s conclusion.

Tobe Okigbo mtn
October 22, 2026

Tinubu’s economic reforms paving way for prosperity: Minister

The minister explained that the reforms were deliberate and courageous, aimed at addressing longstanding structural weaknesses.

Mohammed Idris
October 22, 2026

NICA to convene stakeholders on expanding Nigeria’s credit economy

Mr Onalo said limited access to credit constrained businesses’ capacity to expand.

National Institute of Credit Administration (NICA)
October 22, 2026

Tinubu made Nigeria world’s poverty headquarters when he devalued naira overnight: Obasanjo

Mr Obasanjo said the sharp decline in the naira’s value has left Nigerians impoverished.

President Bola Tinubu and former President Olusegun Obasanjo (Credit: Presidency)