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Friday, June 5, 2026

Economy

June 2, 2026

Investors lose N478 billion amid profit-taking in major stocks

The market activity witnessed an overall decline in volume, value and deals.

Nigerian Exchange
June 2, 2026

Tinubu hails MREIF for delivering N128 billion mortgages to 1,859 families

He said beneficiaries could access mortgages for up to 20 years at a fixed interest rate of 9.75 per cent per annum, with a minimum equity contribution of 10 per cent.

President Bola Tinubu
June 2, 2026

IMF appoints Mateusz Szczurek as European department director

The appointment will take effect from July 27, 2026.

Mateusz Szczurek
June 2, 2026

NEMSA, partners unveil guidelines for solar mini-grid integration

The initiative, implemented through the Nigerian Energy Support Programme (NESP), is expected to strengthen Nigeria’s growing mini-grid market.

NEMSA
June 2, 2026

Free trade zones key to driving Nigeria’s industrialisation, says expert

Free Trade Zones are essential to driving Nigeria’s industrialisation and maximising gains from the African Continental Free Trade Area.

June 2, 2026

Renaissance tops Africa’s oil and gas producers chart

Renaissance Africa Energy Company has emerged as Africa’s leading independent oil and gas producer, according to a new report by global energy intelligence firm Wood Mackenzie.

Renaissance Africa Energy Company
June 2, 2026

Nigeria’s textile industry urged to adopt nanotechnology for revival, growth

Nigeria’s textile industry has been urged to adopt nanotechnology.

Nigeria’s textile industry
June 2, 2026

NAICOM, Abia partner to enhance investors’ confidence, mitigate risks

The National Insurance Commission has partnered with the Abia government to safeguard economic activities, mitigate risks, and enhance investors’ confidence.

NAICOM
June 2, 2026

TAJBank remains Nigeria’s biggest non-interest bank by assets, profit: CEO

TAJBank has retained its lead as the country’s biggest ethical bank, based on the 2025 regulatory-approved financial statements of all NIBs.

Taj Bank building
June 2, 2026

Prices of food rose in April amid Tinubu’s harsh policies, NBS data show

The National Bureau of Statistics says the prices of tomatoes, beans, garri, onions, ginger, and other food items increased month-on-month in April 2026.

Foodstuff