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Nigeria’s private sector has maintained expansion in April 2026, but rising fuel costs driven by global tensions pushed firms to increase selling prices to the highest level in 16 months, according to the latest Stanbic IBTC Bank Purchasing Managers’ Index…
Read moreThe Economic and Financial Crimes Commission (EFCC) on Monday arraigned former Chairman of the defunct Skye Bank Plc, Tunde Ayeni, over alleged fraud involving N15.6 billion. The post EFCC arraigns ex-Skye Bank chairman Tunde Ayeni over N15.6 billion fraud appeared…
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Read moreIn a period defined by cautious market sentiment, Polysmart Packaging Group has delivered yet another masterclass in corporate resilience and industrial ambition. Following the recent landmark announcement of a $60 million expansion, a move that established Polysmart as the operator…
Read moreThis article spotlights the most influential business owners from Southwest Nigeria, adjudged by their dominance in their respective sectors of the economy where they operate. The post Meet the most influential business owners from Southwest Nigeria appeared first on Nairametrics.
Read moreThe United Bank for Africa (UBA) has dismissed as false and malicious a viral social media claim alleging that its Group Chairman, Tony Elumelu, has divorced his wife, describing the publication as a deliberate attempt to mislead the public and…
Read moreThe attention of UBA Group has been drawn to a false, defamatory, and malicious publication currently circulating on social media platforms, falsely alleging that the Group Chairman, Mr. Tony O. Elumelu, CFR, has divorced his wife. The post Formal notice:…
Read moreOPEC+ has approved a modest 188,000 barrels per day (bpd) increase in production quotas for June, even as the United Arab Emirates (UAE) formally exits the oil alliance. The post OPEC+ approves 188,000 bpd production rise amid UAE exit appeared…
Read moreThe Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through a Nigerian Treasury Bills (NTBs) auction scheduled for May 7, 2026, marking the first issuance for the month and aligning with its second-quarter (Q2) borrowing calendar. The post…
Read moreIt is the fifth month of the year, and if you have been following our previous episodes, you would have noticed shifts in asset allocations as macroeconomic conditions continue to evolve. The post Where to invest in May 2026: Five stocks analysts…
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