Category: Business
Nigeria’s Non-Oil Exports Hit Record N12.36 Trillion, Reach 120 Countries
Nigeria’s non-oil exports reached N12.36 trillion in 2025, with shipments to more than 120 countries, as the Federal Government stepped up efforts to diversify exports and strengthen domestic production. The Federal Ministry of Industry, Trade and Investment disclosed this in a media update yesterday, adding that non-oil products accounted for 14.5 per cent of total…
Private Sector Credit Drops N537.6bn in September Despite 15.7% Growth
Central Bank of Nigeria headquarters, Abuja. Credit to Nigeria’s private sector fell by N537.6 billion in September 2026, despite remaining significantly higher than its level a year earlier, raising fresh questions about the flow of financing to businesses and households amid persistent concerns over borrowing costs. Data from the Central Bank of Nigeria (CBN) showed…
Nigeria Urges Investors to Tap Emerging Markets for Global Growth
Photo from Pexels As Oyedele presents Nigeria’s economic transformation agenda Director and Head of Secretariat of the Intergovernmental Group of Twenty-Four (G24), Dr Iyabo Masha, has informed global investors that the next phase of global economic expansion will depend substantially on how developing economies attract long-term capital, improve productivity and harness innovation, Masha delivered the…
Five Things To Know As French Bond Yield Tops 5%
The spread between French and German bonds, considered the European benchmark of creditworthiness, has also surged to 1.6 percentage points. This photograph shows French Ministry of Economy and Finance building in Bercy neigbourhood of Paris on August 17, 2026. A sell-off in French government bonds amid a budget standoff and after violent protests pushed the…
Ambani’s Jio IPO Attracts Strong Demand, Fully Subscribed Within Hours
Jio Platforms, which houses the country’s biggest wireless operator and is the digital services arm of Ambani’s Reliance Industries. Billionaire Mukesh Ambani’s Jio Platforms attracted enough investor bids to fully subscribe its initial public offering within two hours of opening Wednesday, putting India’s likely biggest-ever listing on track. Jio Platforms, which houses the country’s biggest…
UK Inflation Rises More Than Expected as Fuel Costs Increase
Britain’s annual inflation rate accelerated by more than expected in September, rising to 3.5 percent on surging fuel prices, official data showed Wednesday. The Consumer Prices Index jumped from an annual rate of 3.1 per cent in August, the Office for National Statistics (ONS) said, one week before the Labour government’s release of its annual…
FG, Bi-Courtney Settle 20-Year Legal Dispute With ₦132bn Debt Waiver
Photo illustration of Aviation Minister, Festus Keyamo, and an airport Minister of Aviation and Aerospace Development, Festus Keyamo, announced a breakthrough following the Federal Executive Council’s approval of a comprehensive settlement regarding a 20-year legal and financial dispute with Bi-Courtney Aviation Services Limited. Under the new agreement, Bi-Courtney completely wrote off a massive N132 billion…
World Bank Moves to Expand Digital Connectivity in Developing Countries
The World Bank on Monday announced a new strategy aimed at boosting connectivity and making digital access more affordable in developing countries. “Digital technology can help countries create jobs and make scarce resources go further,” said World Bank President Ajay Banga. “Realizing that potential requires a comprehensive approach — from reliable connectivity and affordable devices…
Report Reveals Key Trends Transforming the Property Market
Housing Knight Frank’s H1 2026 Lagos Market Update has identified a property market shaped by rising residential costs, infrastructure investment and increasingly selective occupier demand across Lagos, Abuja and Port Harcourt. The report noted that Nigeria’s construction sector grew by 6.38 per cent year-on-year in the first quarter of 2026, while real estate accounted for…
Tinubu Rules Out Fuel Subsidy Return, Says ‘You Cannot Ask Moses to Go Back to Egypt’
President Bola Tinubu has reiterated that there will be no return to the fuel subsidy regime, insisting that his administration took a bold and necessary step to reform the country’s economy. Tinubu spoke on Monday during a meeting with the City Boy Movement, a youth-driven political and advocacy group founded to champion his administration’s agenda.…
Latest News
Stay Connected
Categories
Africa African Asia Athletic Basketball Boxing Business Crime Crime watch Ebola Economy Education Ekiti 2026 Election Entertainment Environment Europe Feature Fifa world cup 2026 Football Government Heading Headline Health Home watch Local Middle East North American Osun election 2026 Political report Politics South America Sport Sports Tech Tech info Technology Tennis Top story U.S. Uncategorized UNGA Washington World cup World News
About the Author
Opeyemi Precious
Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
