Business

By Babajide Komolafe Financial institutions including banks and insurance firms recorded a 8.5 per cent growth in real Gross Domestic Product, GDP to N1.9 trillion in the first quarter of 2026, Q1’26 from N1.78 trillion in Q1’25. The National Bureau of Statistics, NBS disclosed this in its GDP report for Q1’26. The report showed that the   financial […]

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By Godwin Oritse The Nigerian Maritime Law Association, NMLA, has called for a robust legal and regulatory framework to ensure the successful implementation of the National Single Window, NSW, project in Nigeria. According to the association, the National Single Window initiative of the Federal Government is designed to improve operational efficiency through faster cargo clearance processes, […]

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•As currency outside banks drops 12% to N5.08tr By Babajide Komolafe & Elizabeth Adegbesan Credit to the government rose by 65.6 per cent year-on-year, YoY, to N39.6 trillion in April 2026 from N23.9 trillion in April 2025, driven by increased borrowing to finance the 2026 budget deficit. The Central Bank of Nigeria, CBN, disclosed this in its […]

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By Gabriel Ewepu Nigeria, Türkiye Deepen Mining Cooperation Through New MoU” The Federal Republic of Nigeria and the Republic of Türkiye have signed a Memorandum of Understanding (MoU) aimed at strengthening mining operations, deepening technical collaboration, and expanding investment flows between both countries in the solid minerals and energy sectors. “The MoU signed by the Nigerian […]

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