Business & Economy

Capital markets, financial institutions, macroeconomic indicators, industry performance, trade, investment, enterprise, and regulatory actions.

South-East States Pursue Regional Industrial Cooperation Following Enugu Economic Forum

Posted on by Newswire & Public Relations Agency
South-East States Pursue Regional Industrial Cooperation Following Enugu Economic Forum

Governors of the South-East Nigeria have advanced discussions on regional industrial cooperation following an Inter State Economic Cooperation Forum held in Enugu, Enugu State, in late November 2025. The forum was convened under the auspices of the South-East Governors Forum and hosted by the Government of Enugu State as part of a renewed effort to coordinate economic development strategies across the region. The meeting brought together the governors of Abia, Anambra, Ebonyi, Enugu, and Imo…

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Federal Authorities Emphasize Financial System Stability Amid Economic Reforms

Posted on by Newswire & Public Relations Agency
Federal Authorities Emphasize Financial System Stability Amid Economic Reforms

Nigeria’s fiscal and monetary authorities have reiterated their commitment to maintaining financial system stability as economic reforms progress. Officials highlighted the role of prudent fiscal management, robust banking supervision, and policy coordination in safeguarding confidence. The Central Bank of Nigeria continues to prioritize capital adequacy, risk-based supervision, and oversight of digital financial services. Market participants described the regulatory stance as essential for preserving systemic resilience. Africa Signal Financial Analysts note that a stable financial system…

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Non-Oil Exports Record Growth Across Nigerian Seaports

Posted on by Samuel Odebowale
Non-Oil Exports Record Growth Across Nigerian Seaports

Nigerian seaports have recorded increased throughput of non oil export cargo, reflecting gradual diversification of the national export base. Agricultural produce, processed goods, and solid minerals accounted for a significant share of outbound shipments. The Nigerian Ports Authority attributed the growth to improvements in port operations, digitisation of processes, and rising international demand. Exporters have also benefited from streamlined documentation and reduced turnaround times. Africa Signal Trade Analysts caution that sustaining export growth will require…

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Non-Oil Exports Drive Increased Cargo Throughput at Nigerian Ports

Posted on by Newsroom Operations
Non-Oil Exports Drive Increased Cargo Throughput at Nigerian Ports

Nigerian seaports have recorded a measurable increase in non oil export volumes, reflecting gradual diversification in the country export profile. Data from the Nigerian Ports Authority shows rising shipment of agricultural commodities, processed foods, solid minerals, and manufactured goods through major ports. Port officials attribute the growth to a combination of policy incentives, improved cargo handling processes, and growing international demand for Nigerian products. Investments in port digitisation and streamlined documentation have also contributed to…

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South-East Governors Explore Framework for Regional Industrial Collaboration

Posted on by Newsroom Operations
South-East Governors Explore Framework for Regional Industrial Collaboration

Governors from South East states have initiated discussions on regional industrial collaboration aimed at strengthening manufacturing capacity and shared infrastructure development. The talks focused on logistics integration, investment promotion, and coordinated policy frameworks. Participants highlighted the potential benefits of pooling resources to develop industrial clusters and transport corridors. Emphasis was placed on improving ease of doing business and leveraging regional comparative advantages. Economic analysts view the discussions as a pragmatic approach to subnational development. They…

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