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Nigeria's trade surplus surged by 340.88% to N7.55 trillion in Q1 2026, a significant increase from N1.7 trillion in the previous quarter. This growth reflects a strong performance in the country's trade sector.
… urges brokers to strengthen liquidity management By Peter Egwuatu The Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON), Sehinde Adenagbe, has described the newly introduced T+1 settlement cycle by CSCS PLC as a transformative development for Nigeria...
Power generation companies report that the Federal Government has not settled the N3.3 trillion power debt, despite presidential approval from Tinubu. This situation raises concerns about the financial stability of the power sector.
Nigeria's trade surplus increased by 341% to N7.55 trillion in the first quarter of 2026. This growth was attributed to higher exports and lower imports, as reported by the NBS.
The Lagos Chamber of Commerce and Industry warns that the proposed sugar tax could raise costs for both manufacturers and consumers. This could exacerbate existing challenges in the manufacturing sector.
Vice President Shettima asserts that Lagos is the birthplace of prominent businessmen Dangote and Rabiu, emphasizing the state's economic significance. His remarks highlight Lagos's pivotal role in Nigeria's economic landscape.
BlockDAG's $0.01 buyback initiative, along with Monero and XRP, highlights promising digital asset growth opportunities. Investors are encouraged to explore these top crypto gainers for potential gains.
House Speaker Tajudeen Abbas emphasizes the necessity of modern and credible data for Nigeria to reach a $1 trillion economy. He advocates for the Statistics Bill, 2025, to support this goal.
Farmers in Plateau State are facing significant financial losses due to counterfeit fertilisers. Traders are urging them to learn how to identify and report these substandard products.
South Africa is currently the largest employer in Africa, despite facing significant unemployment challenges. This paradox highlights the complexities of the labor market in the region.
A one-storey commercial building containing eight shops at Ikenga Ogidi, near the Building Materials International Market along the Onitsha–Enugu Expressway in Anambra State, has collapsed following heavy rainfall. The post Heavy rain triggers building collapse in Anambra, no c...
The Federal Government has settled over ₦700 billion in verified debts to local contractors, including ₦436.6 billion in May. This move is expected to boost economic activity significantly.
Africa's economic recovery is slowing, with five out of eight major economies experiencing contractions. Inflation and external shocks are significantly impacting the private sector's recovery efforts.
BATN highlights that weak policy execution is the main barrier to Nigeria's industrial development. The organization calls for improved implementation strategies to foster growth.
Nigeria needs to secure $47.6 billion each year to sustain its economic reform achievements. This funding is crucial for transitioning from stabilization to sustainable growth.
The update comes as Nigeria continues to pursue an environmentally friendly crude oil production regime. The post Higher Revenue Allocations To Oil Communities Have Reduced Attacks On Oil Facilities — NUPRC appeared first on Channels Television.
Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as read more Oil prices climb more than $4 after Israeli strikes on Iran and Lebanon
…as NEPC preps, point farmers’ attention to economic benefits of aquaculture The Nigerian Export Promotion Council (NEPC) is preparing stakeholders read more Bayelsa farmers to win big in $1.96bn Nigeria’s seafood market
Temi Popoola highlights the importance of Nigeria's capital market in fostering inclusive and responsible wealth generation. He advocates for a shift beyond mere wealth creation to ensure broader economic benefits.
Traders in Anambra State are linking the recent spike in tomato prices to flooding issues affecting supply. They report a significant shortage of tomatoes in major markets due to these environmental challenges.
Oil prices increased by over 5% due to heightened tensions between Israel and Iran. The conflict escalated following an attack on an Iranian petrochemical facility, prompting calls for restraint from US President Donald Trump.
"Recovery action has only just begun. Every penny owed by Nestoil will be extracted and paid back to noble lenders committed to building the economy." The post Consortium of Lenders’ Rejoinder on Nestoil appeared first on Premium Times Nigeria.
Heirs Energies Ltd. has taken home one of project finance’s most coveted prizes for a $750 million debt deal that read more Heirs Energies wins global deal award for $750 million African oil financing
Corporate actions play a critical role in shaping investor confidence, liquidity, and market efficiency within the Nigerian Capital Market. The read more The Future of Corporate Actions in Nigeria: Speed, Transparency, Trust
"The IVLP journey ultimately became more than a tour of American cities. It was an immersion into the forces shaping the modern global economy." The post IVLP 2025: Re-imagining Trade, Travels and Transatlantic Insights appeared first on Premium Times Nigeria.
As Nigeria grapples with rising inflation, mounting debt, worsening living conditions and persistent power shortages, the Director-General of the Nigeria Employers’ Consultative Association (NECA), Wale-Smatt Oyerinde, has raised serious concerns The post Borrowing without visi...
The currency appreciated slightly from previous levels above ₦1,360/$ in early June. The post Naira To Dollar Exchange Rate Today, June 8, 2026 appeared first on Channels Television.
It is denying families the opportunity of staying together as landlords make more money renting to different tenants than to a family bloc. The post Crushing economy: Landlords devise group renting methods to make more money appeared first on Vanguard News.
Nigeria's textile industry overhaul is facing significant challenges as imports soar to N814 billion. Key issues include poor infrastructure, smuggling, and high energy costs.
This comes with the war already adding to headwinds, as the single currency area is heavily dependent on energy imports. The post ECB To Hike Rates As Mideast War Pushes Up Inflation appeared first on Channels Television.