Category: Economy

Nestlé Nigeria rebounds with N105bn profit in 2025

Revenue Nestlé Nigeria Plc has reported a 26 per cent increase in revenue to N1.2 trillion for the full year ended Dec. 31, 2025, up from N958.8 billion recorded in...

Lagos Governor Approves 13% Fare Increase on BRT, Standard Routes

The Lagos State Government has approved a 13 percent increase in fares across all Bus Reform Initiative (BRI) schemes, including Bus Rapid Transit (BRT) and standard...

Executive Order 9: Constitutional Fidelity, Not Executive Overreach

  Tanimu Yakubu,DG Budget Office   Director  General ,Budget Office,Tanimu Yakubu, has dismissed insinuations in certain quarters that the Executive Order 09...

Tomato farmers in Plateau decry poor storage, processing facilities

  Tomatoes Tomato farmers in Plateau have decried the dearth of the produce’s storage and processing facilities in the state. Some of the farmers, who spoke with...

NIMASA seeks stronger Air Force backing for Deep blue project

    NIMASA       Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA),Dr Dayo Mobereola, has sought enhanced...

Nigeria wins $6.2m arbitration case against European tech giant

Lateef Fagbemi, Attorney General of the Federation     Nigeria won 6.2 million dollars arbitration case against the European Dynamics UK Ltd, an international...

Equities rally as industrial, insurance stocks drive N1.2trn surge

  Stock The Nigerian equities market sustained its positive trend on Friday, closing with N1.2 trillion gain in market value due to strong buying interest in...

Oil:Intervene in Ondo-Ogun boundary dispute, Aiyedatiwa begs Tinubu

              … _insists Eba Island belongs to Ilaje_   Gov Ayedatiwa Ondo State Aiyedatiwa has appealed to President Bola...

Tinubu’s executive order ‘ll boost FAAC revenue- Minister

  Revenue   The Minister of state for finance and the Chairman of the Federation Account Allocation Committee (FAAC, Dr Doris Uzoka-Anite, has commended...

Executive Order on Oil Revenue: PENGASSAN asks Tinubu to recall, review oil revenue executive order

  The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked President Bola Tinubu to recall the executive order (EO) that stripped the...