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‎Inflation pressures mount in U.S. as China faces domestic demand struggles

‎By Chioma Obinagwam ‎Consumer prices in the US climbed for the second month in a row, reaching 2.7% year-on-year in June, up 30...

BusinessNews

Nigeria’s private sector lending slows, bourse transactions spike

Data from Nigeria’s apex bank, Central Bank of Nigeria (CBN), shows that Credit to the Private Sector (CPS) grew by 4.7% year-on-year to...

BusinessNews

Guinness Nigeria: Robust earnings recovery, strategic growth initiatives

By Chioma Obinagwam Guinness Nigeria PLC’s nine-month 2025 results confirm a sharp turnaround in earnings, driven by aggressive pricing, improved product mix, and...

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Global markets tumble amid trade tensions, U.S. fiscal fears

Global equities faced a sharp sell-off this week as investors navigated renewed trade tensions, United States (U.S.) fiscal concerns, and mixed economic signals,...

BusinessNews

Nigeria’s GDP rose by 3.46% amid protest against hunger

By Chioma Obinagwam The National Bureau of Statistics (NBS) revealed that the domestic economy maintained its growth pace for the third consecutive quarter...

BusinessNews

Nigeria’s headline inflation leaps to 28.92%

By Chioma Obinagwam   Nigeria’s headline inflation grew higher by 72bps to 28.92% y/y in December (November: 28.20% y/y).   Confiance News gathered...

BusinessNews

‘Is 2024 a year of crisis or confidence?’ Pundit reveals

By Chioma Obinagwam Overview of 2023 The performance of the domestic economy appears to have deteriorated compared to 2022 full year (FY) levels,...

BusinessNews

How NGX market cap hit N1.4trn in August

By Chioma Obinagwam   Nigerian Exchange Limited (NGX) has notched a N1.4 trillion market capitalization amid concerns around the soaring inflation, interest rate...

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‎Trust Loop, Cubbes Technologies win big at Zenith Bank Tech Fair 2025‎‎

By Chioma Obinagwam‎‎Zenith Bank Plc successfully concluded the fifth edition of its annual Zenith Tech Fair, themed “Future Forward 5.0: Tech for Success...

‎How Ebuka Onuorah was suspended as EBU-Nigeria President General over alleged embezzlement, land grabbing scandal‎

‎By Chioma Obinagwam‎‎‎The Central Executive Committee of the Enugwu-Agidi Brotherly Union (EBU-Nigeria) has suspended its President General, Mr. Ebuka David Onuorah, with immediate...