Private Sector Investment Critical for Economic Growth – Hamzat
Lagos Deputy Governor, Obafemi Hamzat, highlights the importance of private sector investment for economic growth.
Economy
NCGC Guarantees N64 Billion in Loans, Aids 174,495 Borrowers Across Nigeria
The National Credit Guarantee Company (NCGC) has provided N64.13 billion in loans to 174,495 borrowers across Nigeria since its inception last year, according to multiple sources.
Stanbic IBTC sponsors NSACC breakfast session driving Nigeria’s growth
Stanbic IBTC has sponsored the Nigerian Stock Exchange (NSE) Annual Corporate Governance and Sustainability (NCGS) Conference and Awards (NSACC) breakfast session, aiming to drive Nigeria's growth.
Nigeria and Japan Partner to Establish Industrial Investment Hub
Nigeria and Japan are collaborating to create an industrial and investment hub aimed at attracting investments.
Excise Stamp Burden: Why Nigerian Consumers Should Not Bear Regulatory Duplication Costs
The Excise Stamp Duty has long been a contentious issue for Nigerian consumers, but recent developments suggest that they should not have to bear the costs of regulatory…
President Tinubu Addresses Economic Underperformance at 32nd Nigerian Economic Summit
President Tinubu discussed economic reforms aimed at improving Nigeria's long-standing story of underperformance.
Despite MPR Reduction, Average Maximum Lending Rate Rises to 32.62%
Contrary to the expectation that the reduction in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN) would lower lending rates, the average maximum lending…
Unilever Nigeria’s Profit Surges 20% to N26.4bn, Declares N11.5bn Dividend
Unilever Nigeria Plc has announced a 20% increase in net profit to N26.4 billion for the nine months ended September 30, 2026, as revenue rose to N184 billion.
Corporate Governance Necessary for Structured Financing in Nigeria’s Energy Sector – Adaralegbe
In a recent interview, a prominent business figure highlighted the importance of good corporate governance for unlocking structured financing in Nigeria's energy sector.
BOI Boosts Employment with Over 1.68 Million Jobs
The Bank of Industry (BOI) reports a significant rise in lending, supporting over 1.68 million jobs in Nigeria.
Economic Roundup: Key Business and Financial Headlines – Nigeria in 1 Minute – 231026
Catch up on the latest economic, business, and financial market headlines in Nigeria as reported by Proshare on October 23, 2026.
Petrol Landing Cost Drops to N1,283.81 per Litre
The landing cost of imported Premium Motor Spirit, also known as petrol, has decreased slightly to N1,283.81 per litre, according to the Major Energies Marketers Association of Nigeria…
Konga Unveils Nigeria’s Largest Retail Event
Nigeria's leading e-commerce platform, Konga, has announced plans for the country's biggest retail event.
Naira’s Exchange Rate Set to Soar to N4,000/$ Due to Subsidy – Oyedele
Finance Minister, Oyedele, has revealed that the Naira's exchange rate could rise to N4,000 per dollar due to the ongoing fuel subsidy.
FG Aims for N750 Trillion Stock Market with NNPC, NLNG Listing
The Federal Government of Nigeria has announced a 10-year plan to grow the nation's capital market to N750 trillion by 2036, with the listing of key state-owned enterprises…