Lafarge Africa Surpasses ₦1.1tn Revenue as Profit Jumps 170% in 2025
Lafarge Africa Plc has crossed a historic financial threshold, reporting ₦1.1 trillion in revenue for the 2025 financial year, marking a 53 percent increase from ₦696.8 billion recorded in 2024.…
Dangiwa Flags Budget Constraints Slowing Affordable Housing Delivery
The Federal Government’s push to accelerate housing delivery and urban renewal is facing mounting pressure from limited budgetary allocations, with the Minister of Housing and Urban Development, Ahmed Musa Dangiwa,…
Naira Holds Steady Against Dollar as CBN Stabilization Policy Gains Traction
The Nigerian Naira maintained stability against the US Dollar on Thursday, February 26, 2026, following the Central Bank of Nigeria’s (CBN) recent stabilization measures. Investors and traders are cautiously…
Tinubu Extends Raw Shea Nuts Export Ban to 2027 to Boost Local Processing
President Bola Tinubu has approved a one-year extension of the ban on the export of raw shea nuts, a move aimed at strengthening domestic processing and increasing Nigeria’s value-added…
NRS Targets N40.7 Trillion Revenue in 2026 After Tax Reforms
The Nigeria Revenue Service (NRS) has projected a record N40.7 trillion in tax revenue and royalties for 2026, a significant jump from the N28.23 trillion collected in 2025. This…
Accion Microfinance Bank Raises N2.02bn via FMDQ Commercial Paper to Support Micro-Entrepreneurs
Accion Microfinance Bank Limited has successfully listed N2.02 billion Series 1 Commercial Paper (CP) on the FMDQ Securities Exchange, under its broader N5 billion Commercial Paper Programme. The approval,…
Naira Depreciates to N1,359.5/$ Amid Parallel Market Pressure
The Nigerian naira continued its gradual decline against the United States dollar on Wednesday, 25 February 2026, closing at N1,359.5 per dollar in the official Nigerian Foreign Exchange Market (NFEM).…
Tinubu Urges Senate to Amend Constitution for State Police to Boost Security
President Bola Ahmed Tinubu has appealed to the leadership of Nigeria’s 10th Senate to consider constitutional amendments that would provide a legal framework for the establishment of State Police across…
AEDC: Nasarawa Power Outages Linked to National Grid Shortfalls
Abuja Electricity Distribution Plc (AEDC) has clarified that the ongoing electricity outages affecting Lafia, Keffi, Nasarawa, Masaka, and surrounding communities in Nasarawa State are largely due to factors beyond…
Lagos Rent Crisis: Businesswoman Warns Soaring Commercial Rent Threatens SMEs
A Lagos-based entrepreneur has raised alarm over skyrocketing commercial rents in Lagos State, warning that the surge could jeopardize small and medium-sized enterprises (SMEs) across the city. Laura Ikeji, who…