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Business · Daily Trust ·
Remi Tinubu: The economy is stabilizing, inflation going down
Remi Tinubu says Nigeria’s economy is stabilizing and inflation is declining. The headline reports her assessment of current economic conditions, without providing supporting figures or further details.
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Business · Nigerian Tribune ·
FG, Lagos govt move to tackle electricity supply challenges
The Federal Government and Lagos State Government are taking steps to address electricity supply challenges. The headline does not specify the measures involved, when they will be implemented or how they are expected to affect consumers.
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Business · Vanguard ·
Customs auctions 22,175 litres of seized petrol
The Nigeria Customs Service has auctioned 22,175 litres of petrol that it seized. The headline does not specify where the fuel was seized, how the auction was conducted, or how much it raised.
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Business · PM News ·
Customs auctions N32.1m worth of seized petrol in Lagos
The Nigeria Customs Service auctioned seized petrol valued at N32.1 million in Lagos. The headline does not provide further details about the quantity of fuel, the auction process or the buyers.
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Business · Vanguard ·
Fortune Okeke: Bridging the Gap Between Hospitality Businesses and Booking Agents
The headline focuses on Fortune Okeke and efforts to connect hospitality businesses with booking agents. It points to a role centred on bridging the relationship between the two groups, without specifying the methods or outcomes involved.
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Business · PM News ·
Naira records biggest gain against euro in over two years
The naira recorded its largest gain against the euro in more than two years, marking a notable movement in the currency’s exchange rate. The headline does not specify the size of the gain, when it occurred or what factors drove the change.
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Business · Nigerian Tribune ·
Agriculture: FG, states, partners adopt coordinated approach to food security
The Federal Government, state governments and partners have adopted a coordinated approach to food security, bringing multiple levels of government and stakeholders together around agriculture and food supply challenges.
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Business · Leadership News ·
Investors Lock in Yields as CBN Rate Reset Drives Market Rates Down
Investors are locking in yields as a reset in the Central Bank of Nigeria’s rates pushes market rates lower. The headline points to a shift in borrowing and investment returns following the CBN adjustment, but provides no details on the scale of the decline or which market instruments are affected.
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Business · Nairametrics ·
FMDQ’s weekly FX turnover falls 35.4% to $1.7 billion as spot transactions drop $956 million
FMDQ’s weekly foreign exchange turnover declined 35.4% to $1.7 billion, with spot transactions falling by $956 million. The figures indicate lower activity in the FX market during the reported week.
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Business · Nigerian Tribune ·
Food prices drop by 50% as Germany backs Nigeria’s food security drive — FG
The Federal Government says food prices have fallen by 50% as Germany supports Nigeria’s efforts to improve food security. The headline does not specify which foods or markets recorded the decrease, or the details of Germany’s backing.
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Business · ThisDay ·
SEDC: Our Vision Is To Make S/East Preferred Investment Destination in Africa by 2035, Says Okoye
Okoye says the SEDC’s vision is to make Nigeria’s South-East region Africa’s preferred investment destination by 2035, outlining a long-term goal focused on attracting investment to the region.
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Business · Vanguard ·
FG, Germany rally states on food security
Nigeria’s Federal Government and Germany are working to mobilise state governments around food security. The headline signals a push for state-level engagement but does not specify the measures, participating states or expected outcomes.
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Business · BusinessDay ·
Fitch reaffirms Stanbic IBTC’s AAA(nga) rating for decade running
Fitch has reaffirmed Stanbic IBTC’s AAA(nga) rating for the tenth consecutive year, continuing the bank’s decade-long record at that rating.
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Business · PM News ·
Why building more houses alone won’t solve housing crisis – Sanwo-Olu
Sanwo-Olu argues that building more homes alone will not resolve the housing crisis, suggesting that additional approaches are needed to address the challenge effectively.
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Business · BusinessDay ·
Gen Z says 2024 wages bought more than 2026 can – poll
A poll found that Gen Z respondents believe wages in 2024 had greater purchasing power than wages in 2026. The headline points to a perceived decline in what earnings can buy, but does not specify the poll’s sample, location or reasons for the difference.
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Business · The Punch ·
NRS seals Kaduna electric headquarters over unpaid taxes
The Nigerian Revenue Service has sealed the headquarters of Kaduna Electric over unpaid taxes. The headline does not specify the amount owed, how long the offices will remain closed or the company’s response.
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Business · Nairametrics ·
FHFL commissions 50 energy-efficient homes for wives of fallen heroes in Ibadan
FHFL has commissioned 50 energy-efficient homes in Ibadan for the wives of fallen heroes. The project provides housing for a group identified as its beneficiaries.
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Business · Vanguard ·
SEDC: Our vision is to make S/East preferred investment destination in Africa by 2035 – Okoye
Okoye said the SEDC’s vision is to make Nigeria’s South-East a preferred investment destination in Africa by 2035. The headline does not provide further details about the plans or measures to achieve that goal.
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Business · Premium Times ·
Zenith, Fidson, NEM top stock pick this week
Zenith, Fidson and NEM have been identified as leading stock picks for the week, according to the headline. It does not specify the basis for the selections, the expected performance of the shares or which analyst or institution made the recommendations.
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Business · Nairametrics ·
India probes Niger soybean imports over suspected Nigerian origin
Indian authorities are examining soybean imports from Niger after suspecting that the shipments may have originated in Nigeria, raising questions about their declared source and the accuracy of trade documentation.