NACCIMA President Oye urges overhauling Nigeria’s Investment Promotion Agencies to attract quality investments into key economic sectors.

Neconde boosts Nigeria’s crude output, hitting 50,000bpd on OML 42, with plans to reach 120,000bpd in 48 months.

PETROAN urges NNPC to complete Port Harcourt Refinery repairs in 30 days to avoid fuel supply disruptions and hardship.

Nigeria Customs service has recorded N1.3 trillion revenue in Q1 2025, doubling the N600 billion collected in Q1 2023.

Nigerian stock market transactions have surged to N2.7 trillion in the first four months of 2025, setting a new record.

Barclays has advised investors to shift to Nigeria’s shorter-dated dollar bonds, saying the yields look more attractive

Trump has warned Apple to manufacture iPhones in the US or face a 25% tariff, criticising the company’s India expansion

The EU has named Nigeria among countries with significant intellectual property rights breaches, highlighting ongoing challenges with piracy and counterfeit goods.

CBN releases draft standards for automated AML/CFT solutions to enhance real-time surveillance and compliance in Nigerian financial institutions.

Afreximbank’s assets have increased to $42.7 billion in Q1 2025, driven by strong liquidity and increased cash balances.

Shell is set to decide on Bonga Southwest by 2027, following $5bn Bonga North sanction, reinforcing deepwater investments in Niger Delta.

“The high MPR is inflationary, choking business operations, discouraging investment, and threatening Nigeria’s long-term industrial competitiveness,” MAN warns.

Nestlé CEO Laurent Freixe said the company is regaining market share in the US despite economic uncertainty and growing consumer concerns.

CBN retains MPR at 27.5%, citing improved inflation figures, FX market stability, and ongoing reforms supporting Nigeria’s macroeconomic recovery.

CBN Governor Cardoso has said Nigeria’s currency reforms have stabilised the naira, creating fresh opportunity for export growth.

Bismarck Rewane has questioned Nigeria’s inflation data, citing discrepancies between high food prices in producing states and low rates elsewhere.

Honda is set to shift focus to hybrid cars, cutting investments in electric vehicles by 30% amid slowing demand.

Dangote Petroleum Refinery pledges stable petrol prices, supporting Nigeria’s economy despite global oil price fluctuations and market uncertainties.

Wood McKenzie warns NNPC’s oil and gas production could halve by late 2030s due to sub-commercial assets and project gaps.

The federal government has announced plans to roll out N3.3 trillion fibre lines and telecom towers across Nigeria starting Q4 2025.