Foreign, Domestic Investors Boost Equity Trades to N11.92trn   Nigeria’s equity market recorded a historic performance in 2025 as total transactions rose sharply to N11.92tn, driven by a resurgence in foreign portfolio participation and sustained dominance by domestic investors. According to the Domestic & Foreign Portfolio Participation...

$400m Generated from Cashew Exports - FACAN Nigeria’s cashew industry has contributed over $400m in export earnings, supporting the country’s non-oil revenue, but industry leaders say the sector has the capacity to deliver greater value through increased production, processing, and domestic consumption. President of the Federation...

$5bn Bonga S'West Project Gets Presidential Support   President Bola Tinubu has approved targeted incentives to unlock Shell’s long-delayed $5bn Bonga South-West deep-offshore oil project. He also directed his Special Adviser on Energy, Olu Verheijen, to facilitate the gazetting of the incentives in line with Nigeria’s...

Many Issues Around Makoko Demolition By Ajibade Esther Mosunmola Makoko, Nigeria's largest slum and home to over 200,000 people, experienced a shamble state, leaving residents stranded, confused, and unsettled with increasing death records after a government eviction sent excavators to carry out demolitions. The largely impoverished area,...

Nigeria’s Economy Showing Strong Improvement — Trade Minister Nigeria’s economy is showing strong signs of recovery, with declining inflation, rising investor confidence, and sustained growth above four per cent, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has said. Speaking in an interview with...

Court: Obasanjo Directed N11bn Increase in Mambilla Project Budget - Witness A prosecution witness on Wednesday told a Federal Capital Territory (FCT) High Court in Abuja that former President Olusegun Obasanjo directed the addition of ₦11 billion to funds already appropriated for the Mambilla Hydroelectric...