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Exports Fall, Imports Rise in Q4

11.03.2026
Nigeria recorded a trade surplus of ₦1.71 trillion in the fourth quarter of 2025, despite a decline in exports largely driven by reduced crude oil shipments. The figure was disclosed in the latest Foreign Trade Statistics Report released by the National Bureau of Statistics on Tuesday. The report showed that total merchandise trade stood at...
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NASS leaders meet Tinubu in Aso Rock after plenary

11.03.2026
The leadership of the National Assembly on Tuesday met with President Bola Tinubu at the Presidential Villa, Abuja, hours after both chambers resumed plenary following a brief recess. Our correspondent observed that Senate President Godswill Akpabio, Deputy Senate President Barau Jibrin, Senate Leader Opeyemi Bamidele, Speaker of the House of Representatives Tajudeen Abbas, Deputy Speaker...
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Nigeria Unlocks $20bn Bonga Deepwater Project with Incentive

11.03.2026
President Bola Ahmed Tinubu has approved a targeted fiscal incentive package aimed at unlocking the long-delayed Bonga Southwest Aparo Project, a development expected to attract about $20bn in foreign direct investment into Nigeria’s oil and gas sector. The approval, announced on Tuesday by Nigerian National Petroleum Company Limited, is expected to pave the way for...
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Nigeria & Ghana sign deal on air search and rescue ops

11.03.2026
The Nigerian Civil Aviation Authority and the Ghana Civil Aviation Authority have signed a cooperation agreement on search and rescue operations for aircraft in distress between the two countries. The agreement was disclosed in a statement released on Tuesday following its signing by the Director-General of Civil Aviation, Nigeria, Chris Najomo, on behalf of the...
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NGX Rings Bell for Gender Equality at IWD 2026 Ceremony

11.03.2026
Nigerian Exchange Group Plc, in collaboration with Central Securities Clearing System Plc and Women in Management, Business and Public Service, convened leaders from across the public and private sectors to commemorate International Women’s Day 2026 through the global Ring the Bell for Gender Equality initiative, on Tuesday. Aligned with the UN Women theme, “Rights, Justice,...
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Digital Setup Essentials for Growing Small Businesses

11.03.2026
A robust digital setup is critical for small businesses in Nigeria and goes far beyond having a social media presence or accepting mobile payments. It involves embedding technology across business operations to expand customer reach, improve efficiency, and support data-driven decisions that enhance growth and competitiveness, writes TEMITOPE AINA In today’s rapidly evolving business environment,...
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Global Equities Slide Amid Rising Middle East Unrest

11.03.2026
Global financial markets faced a seismic shock on Monday as the intensification of the conflict between the United States, Israel and Iran sent crude oil prices soaring above $120 per barrel. The violent escalation, which has targeted critical energy infrastructure and effectively halted transit through the Strait of Hormuz, has triggered a wave of risk...
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Nigerian bank recapitalisation: Focus on structural resilien

10.03.2026
As the 31 March 2026 recapitalisation deadline for Nigerian banks enters its final stretch, a new directive from market analysts is shifting the conversation from simple regulatory survival to long-term competitive dominance. BusinessNG’s Banking Market Intelligence Unit has issued a fresh advisory, cautioning investors that the “binary” era of merely checking for Central Bank of...
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FCMB Group meets CBN’s N500bn recapitalisation mandate

10.03.2026
FCMB Group Plc has officially announced the successful completion of the capital raise programme undertaken for its banking subsidiary, First City Monument Bank Limited. In a statement signed by the Group Chief Executive, Mr. Ladi Balogun, and sent to the Nigerian Exchange on Monday, the Group confirmed it has received all requisite approvals from the...
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SEC Urges Stronger Women Participation in Capital Market

10.03.2026
The Securities and Exchange Commission and industry experts on Monday called for stronger participation of women in Nigeria’s capital market, stressing that female professionals play a critical role in strengthening financial institutions and expanding investor confidence. The call was made during the commemoration of International Women’s Day at the SEC headquarters in Abuja, where regulators...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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