News

China's ambassador has set out in detail how Beijing intends to align its 15th Five-Year Plan with Nigeria's "Renewed Hope" Agenda across the mining sector.

A test article for QA round 3. Not news.

A proposed declaration on telehealth due next year faces a critical test: whether it can move beyond aspiration to deliver binding standards Nigeria's digital health system needs.

Nigeria's reform-driven economic gains are being tested by geopolitical forces beyond its borders, as a World Bank report lays out both the progress made and the pressures that remain.

How NNPC balances its naira-for-crude commitment to Dangote Refinery against the dollar obligations driving its own cost base is now clearer.

A new tax order and a flagship deep offshore project reveal how Nigeria is making its case to investors who have long kept their capital elsewhere.

NCAA data revealing stark performance gaps between Nigeria's 15 domestic carriers — from Umza Air's 12.9 per cent delay rate to United Nigeria's 76.6 per cent — raises pressing questions about airline reliability.

Read the amazing things Africa's richest man is doing in Nigeria

Senior banking leaders used a two-day judicial seminar in Abuja to set out why Nigeria's legal framework for tackling financial crime needs urgent reform.

A years-long billing dispute between Nigerian banks and telcos over N250 billion in unpaid USSD charges has now reshaped how millions of subscribers access mobile banking.

Newly published financial statements confirm TAJBank's lead over all Nigerian non-interest banking rivals, with figures that its chief executive says point toward a global ambition.

The composite index eased to 21.4 per cent while the food sub-index moved in the opposite direction.

Disclosed funding fell by more than half year-on-year, while the surviving cohort moved decisively toward B2B revenue.

The benchmark index crossed a level it last touched in March, on volume concentrated in five tier-one banks.

Integrated mills report paddy shortages through the dry season, even as retail prices stay elevated.

Data usage per subscriber fell in the first month and recovered by the third, suggesting demand is less elastic than modelled.

With eighteen months to the CBN threshold, at least four mid-tier lenders have opened talks they had previously resisted.

Self-generation now accounts for roughly a third of industrial electricity, at a multiple of grid cost.

Throughput has climbed steadily, but domestic crude allocation continues to fall short of the naira-for-crude arrangement.

FMCG companies have shrunk pack sizes across categories to hold price points that households still recognise.

Fund managers moved a further 2.1 percentage points into government paper in the quarter, extending a rotation that began last year.

Grade A vacancy tightened as no new stock completed, rather than because absorption improved.

Six months of relative stability have come at the cost of reserves and a widening parallel spread.

Fleet counts fell while utilisation rose, a combination that improves economics and reduces resilience.

Sector NPLs rose to 4.8 per cent, with the increase concentrated in lending to oil services contractors.

Container throughput has shifted decisively, while the road and rail connections to move it inland have not kept pace.

The standards exist and the APIs work. What is missing is a settled answer on liability.

Developers cite the payment record of the distribution companies as the reason projects with secured gas remain unbuilt.

Farmgate prices rose well after the international move, and by less than the export parity implied.

As operators defer their own builds, colocation revenue has become the more reliable line in the value chain.

The policy template that built domestic cement has not transferred to sectors with different input economics.

Organised retail remains a low single-digit share of grocery spend, concentrated in Lagos, Abuja and Port Harcourt.

Agent networks now originate a majority of new retail accounts, at a cost per account that keeps the segment marginal.

Title registration times, not the cost of money, remain the first constraint on mortgage origination.

Jet A1 is the largest cost line for domestic carriers and the one they can least hedge.

Six states account for a majority of terrestrial fibre. Eleven have effectively none.

Aggregate utilisation has been flat for three years while the spread between sub-sectors widened sharply.

The headline saving was realised. Tracing it through to capital expenditure is considerably harder.

Food’s share of the basket rose across every income band, and rose most in the lowest.

Blending plants have spare capacity while last-mile distribution remains the constraint on application rates.

Collections grew sharply in naira terms while import tonnage fell, a divergence explained almost entirely by the assessment rate.

Two inputs account for most of the movement in construction costs over three years.

Two airports handle the large majority of domestic passengers, unchanged over a decade.

The fund has accumulated substantially while vessel financing disbursements remain rare.