FG Sells N100bn 2018 SUKUK Bond, Clamps Down on Funding The federal government has completed the payment of the N100bn SUKUK bond it subscribed to in 2018. A statement by Professor of Islamic Law of Banking and Finance, University of Ilorin,...

Tax Reforms Cause Stir as Shipping Lines Plan to Raise Prices   There appears to be palpable tension among freight forwarding practitioners in the nation’s maritime sector over the tax implementation that kicked off on Thursday, January 1, 2026. Some agents explained...

Bank Loans to Manufacturers Drops by N2.17trn    Manufacturers have sharply reduced their exposu re to bank loans in the past year, repaying an estimated N2.17tn as high interest rates and rising operating costs weigh on the sector. Figures from the Central...

Nigeria’s Foreign Equity Trades Remain Stuck Below N200bn   Foreign investors maintained a cautious posture in Nigeria’s equity market in November 2025, as total foreign equity transactions on the Nigerian Exchange Limited remained below N200bn for the second consecutive month, reinforcing...

Marketers to FG: Probe N11.35trn Spent on NNPC Refineries   The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has demanded that authorities fully account for an estimated N11.35tn reportedly spent on the rehabilitation of state-owned refineries, warning that continued...

93% Growth in Insurance Stocks Pushes Market Cap to N904bn   Nigeria’s insurance sector recorded a sharp rally in 2025, with combined market capitalisation climbing by 93 per cent year-on-year to approximately N904bn as of 24 December 2025. The surge reflects broad-based...