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PMI falls below 50 as Nigeria records first contraction in 16 months – Report

By Abubakar Yunusa Nigeria’s economic activity slipped into contraction in April 2026 as the Purchasing Managers’ Index (PMI) fell to 49.4, marking the first decline...

Raymond Dokpesi Jr alleges manipulation of DAAR shareholding records on CAC portal

By Abubakar Yunusa Raymond Dokpesi Jr., chairman of DAAR Communications Plc, has alleged a “grave” manipulation of the company’s records on the portal of the...

Cadbury Nigeria pre-tax profit declines 39.2% to N5.2 billion in Q1 2026

By Abubakar Yunusa Cadbury Nigeria Plc has reported a pre-tax profit of N5.20 billion in its Q1 2026 results, representing a 39.2% decline from N8.54...

Enugu posts N101.8 billion revenue, N43.9 billion IGR in Q1 2026

By Abubakar Yunusa   Enugu generated N43.9 billion internally and posted total revenue inflows of N101.8 billion in the first quarter of 2026, demonstrating improving...

LG introduces smart dehumidifier to tackle Nigeria’s humidity challenges

By Abubakar Yunusa LG Electronics has introduced a new smart dehumidifier into the Nigerian market as rising humidity levels continue to affect indoor air...

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