With sustained investments in its Abuja property, Capital Hotel PLC (owners of Abuja Continental Hotel), has strengthened its position in the Nigerian hospitality industry. The hospitality company’s investments in facility upgrades have also boosted the industry with stellar service delivery to guests, amid strong performance. Speaking at the company’s 44th Annual General Meeting, which was

Hannatu Musa Musawa, Minister of Arts, Culture, Tourism & Creative Economy and special guest of honour, at the forum. The 8th International Hospitality, Tourism, and Eco-Sustainability Forum (IHTEF 8.0) is set to convene Africa’s foremost voices in hospitality, tourism, and sustainable development for a two-day summit focused on shaping a green, resilient, and investment-ready hospitality

Nigerian Stock Exchange NGX Loses N274bn as Equities Decline Your browser does not support the video tag. The Nigerian Exchange Limited (NGX) recorded a negative outing on Thursday as equities lost N274bn in market value, driven by widespread sell-offs in mid- and large-cap stocks. At the close of trading, the benchmark All-Share Index of the

Telecoms Infrastructure Nigeria Spends $1bn to Upgrade Telecom Infrastructure Your browser does not support the video tag. Nigeria’s telecommunications sector is set to experience a dramatic improvement in service quality by the third quarter of 2025, driven by a monumental $1 billion investment in network equipment, the Minister of Communications and Digital Economy, Dr Bosun

Manufacturers Association of Nigeria (MAN) MAN Seeks CBN Intervention as Forex Dispute Worsens Your browser does not support the video tag. The Manufacturers Association of Nigeria (MAN) has decried what it described as “unwholesome treatment” of its members by some commercial banks over unmet foreign exchange forward obligations, calling on the Central Bank of Nigeria

Cars Auto Dealers Lament as Sales Crash Amid 126% Price Hike Your browser does not support the video tag. Automobile dealers have lamented the collapse of the car dealership business as the price of vehicles skyrockets by over 126 per cent in eight years, from N18m to N80m on average, crippling sales and excluding middle-income

Treasury Bills CBN Recieves N1.17trn in Bids for Treasury Bills Auction Your browser does not support the video tag. The Central Bank of Nigeria (CBN)’s latest Treasury Bills auction held on May 21, 2025, drew total bids worth N1.17tn, highlighting the continued strength of investor appetite for government securities amid high inflation and a stable

Bonds FG Seeks N300bn Through Bond Auction Your browser does not support the video tag. The Federal Government, through the Debt Management Office (DMO) has announced plans to raise N300bn from the bond market via auction on May 26. According to the offer circular released by the DMO on Thursday, the issuance comprises an N100bn

Petrol Again, Dangote Slashes Petrol Price Amid Import Surplus Your browser does not support the video tag. The Dangote Petroleum Refinery has announced a fresh reduction in the pump prices of Premium Motor Spirit (petrol) across the country, as the competition in the downstream oil sector heightens. The plant announced that the new rates now

President Bola Tinubu has formally submitted a request to the Senate and House of Representatives for the approval of a N1.48 trillion appropriation bill for Rivers State. The letter, which was read aloud during a Senate plenary session by Senate President Godswill Akpabio, detailed that the funds will be managed by the Emergency Rule Government

Corporate Governance in Nigerian banks Your browser does not support the video tag. United Bank for Africa (UBA) and Access Bank have been recognised among Nigeria’s strongest brands in 2025, according to Brand Finance’s ‘Nigeria 25 2025’ report. The latest rankings highlight significant shifts in brand valuation, with financial institutions dominating the top 10 and

Shamseldeen Babatunde Ogunjimi, Accountant-General of the Federation (AGF)) Your browser does not support the video tag. The Accountant-General of the Federation (AGF), Shamseldeen Babatunde Ogunjimi, has disclosed that Nigeria is experiencing significant revenue leakages and shortages across the country. Ogunjimi made this revelation during a courtesy visit to the Executive Chairman of the Economic and