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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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‎Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative‎

‎By Blaise Udunze‎‎‎Nigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that quietly feeds, sustains, and...

‎Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday‎

By Chioma Obinagwam‎‎ Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of...