News
Nigeriaâs business activity expands in Dec, PMI rises to 57.6
3+ hour, 55+ min ago (486+ words) By : Abigail Ikhaghu Date: 31 December 2025 4:07am WAT Nigeria's business activity recorded a stronger improvement in December 2025, with the headline Purchasing Managers' Index (PMI) rising to 57.6 points, signalling a faster pace of expansion as output and new orders continued to grow. This…...
‘Supportive fiscal policies key to manufacturing growth next year’
1+ day, 3+ hour ago (505+ words) By : Isaac Chibuife Date: 30 December 2025 3:37am WAT Nigeria's manufacturing sector stands at a critical juncture as it transitions from recovery to growth, with industry leaders calling for urgent reforms in gas pricing and fiscal policies to sustain momentum into 2026. Managing Director…...
LCCI expresses concern over rising food inflation
1+ mon, 1+ week ago (276+ words) By : Tobi Awodipe Date: 20 November 2025 5:30am WAT Director General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has expressed concern over the rising month-on-month inflation, which, according to her, has continued to tick upward amid sharp state-level disparities…...
How CBN’s aggressive interest rate hikes upped demand for fixed income instruments
1+ mon, 2+ week ago (433+ words) By : Benjamin Alade Date: 16 November 2025 8:22am WAT The decision of the Central Bank of Nigeria to embark on aggressive interest rate hikes boosted investors" demand for fixed income instruments in 2024, the President of the Association of Issuing Houses of Nigeria, Kemi…...
LCCI cautions FG on 15% import tax, claims businesses can’t bear more shocks
1+ mon, 3+ week ago (438+ words) By : Tobi Awodipe Date: 5 November 2025 2:11am WAT The Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has urged the Federal Government to exercise caution over its 15 per cent import tax on petrol and diesel, noting that the country is…...
Headline inflation slows to 21.88% in July
4+ mon, 2+ week ago (395+ words) By : Joseph Chibueze, Abuja Date: 15 Aug 2025 Nigeria's headline inflation has dropped from 22.22 per cent in June 2025 to 21.88 per cent in July. The National Bureau of Statistics (NBS), in its July 2025 rebased Consumer Price Index (CPI) report released yesterday, said on…...
‘GDP rebasing will not make economic problems disappear overnight’
5+ mon, 3+ day ago (342+ words) By : JOSEPH CHIBUEZE Date: 28 Jul 2025 The third is the production or value-added approach. It is gross output (GO) less the purchase of intermediate inputs used to produce the final products. Rebasing enables the government to have a better understanding of…...
EU delays retaliatory trade tariffs against U.S.
5+ mon, 2+ week ago (61+ words) The Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news. By : Guardian Nigeria Date: 14 Jul 2025 Trump intensifies trade war with threat of 30% tariffs on EU,…...
Less for more: How erratic supply shortchanges Band A households, industries
6+ mon, 4+ day ago (1716+ words) By : KINGSLEY JEREMIAH Date: 27 Jun 2025 Although the Abuja Electricity Distribution Company (AEDC) fixed part of the fault by Tuesday morning, consumers remained in a blackout because the oil in the transformer was insufficient. By 8:15 a.m. on Wednesday, frustrated residents protested at…...
Hope for Nigeria’s troubled fiscal outlook as oil prices head to $80
6+ mon, 1+ week ago (1705+ words) By : Geoff Iyatse (Lagos) and Kingsley Jeremiah (Abuja) Date: 23 Jun 2025 " Nigeria to earn N976b monthly from rising prices " FG must plan to avert inflation, reduce looming fare increase " FX earnings may rise by 15%, says Pedabo " Crude-backed loans, oil theft may undermine…...