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Commerce and Industry
172 posts
Senate Backs ₦1tr Capital Boost for NEXIM, Moves to Overhaul Insurance Law
The Nigerian Senate has reiterated its commitment to strengthening the nation’s financial regulatory architecture in a bid to boost economic growth, competitiveness, and institutional efficiency. It has proposed a ₦1 trillion capital base for the Nigerian Export-Import (NEXIM) Bank as part of ongoing reforms to reposition key financial institutions.
13/11/2025
Ikeja Local Government Concludes Three-day 2025 Budget Community Stakeholders’ Engagement
The Ikeja Local Government has successfully concluded its three-day 2025 Budget Community Stakeholders’ Engagement, reaffirming its commitment to inclusive governance and participatory development at the grassroots.
07/11/2025
Banks’ N1.96Trn Black Hole: Who Took the Loans, Who Defaulted, and Why the Real Economy Suffers By BLAISE UDUNZE
Nigeria’s banking sector has entered a season of reckoning. Eight of the nation’s biggest banks have collectively booked N1.96 trillion in impairment charges in just the first nine months of 2025 which represents a staggering 49 percent increase from the N1.32 trillion recorded in the same period of 2024.
07/11/2025
Ikeja Council Deepens Grassroots Participation as day two of 2025 Budget Community Stakeholders’ Engagement Holds
The 2025 Budget Community Stakeholders’ Engagement of Ikeja Local Government entered its second day on Thursday, with residents of Onilekere/Onipetesi (Ward C) and Anifowoshe (Ward D) communities actively participating in discussions on development priorities for the coming fiscal year.
06/11/2025
Tinubu to Federal Executive Council: Nigeria Is On A Steady Growth Path — We’re Engaging The World Diplomatically
— President Swears In Two New Ministers, Reaffirms Commitment to Security, Economic Reform, and Global Partnerships President Bola…
06/11/2025
Ikeja Council Chairman Dauda Reschedules 100 Days Celebration to 100 Working Days
The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (popularly known as AKOD), has announced the postponement of activities earlier scheduled to commemorate his administration’s first 100 days in office.
04/11/2025
ZENITH BANK’S GROSS EARNINGS JUMPS 16%, HITS N3.4TN AS PBT REMAINS ROBUST AT N917.4BN IN Q3 2025 RESULTS
Zenith Bank Plc has released its unaudited financial results for the nine months ended 30 September 2025, with a remarkable 16% year-on-year growth in gross earnings from N2.9 trillion recorded in Q3 2024 to N3.4 trillion in Q3 2025. The Group’s performance continues to demonstrate resilience, strong momentum, disciplined execution and an ability to deliver long-term shareholder value in spite of challenging macroeconomic environment.
02/11/2025
New Era of South-west Unity: Beyond Politics, Building A Stronger Regional Future
The Lagos State Chapter of the All Progressives Congress (APC) has congratulated political, traditional, and thought leaders across the South-West region for demonstrating renewed unity, understanding, and cooperation during the recently concluded South-West Stakeholders’ Dialogue.
02/11/2025
Sanwo-Olu disburses ₦460m cheques to empower 1,000 Lagos residents
LAGOS — Governor Babajide Olusola Sanwo-Olu has empowered 1,000 residents across Lagos State with financial assistance totalling ₦460 million under the Eko Cares initiative — a social welfare programme designed to uplift vulnerable individuals and small-scale entrepreneurs.
30/10/2025
Fidelity Bank Hails Air Peace on Maiden Heathrow Flight
Leading financial institution, Fidelity Bank Plc, has commended Air Peace for its historic inaugural direct flight from Abuja to London Heathrow, describing the milestone as a bold testament to Nigerian excellence in global aviation
28/10/2025
