Business - Daily Post Nigeria

Author: dailypost.ngPublished on: April 28, 2026Country: Nigeria

Business & Economy

Nigeria's total public debt rose to N159.28 trillion in the fourth quarter of 2025, with Lagos and Rivers states recording the highest borrowing. Electricity consumers in Nigeria received a refund of N155.84 million in 2025. The President of the Nigerian Bar Association, Afam Osigwe, urged young lawyers to lead with intention and integrity.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Manufacturers decry low export share despite N85.13trn trade boom

Business & EconomyNigeria

Urowayino Jeremiah•now ago

Manufacturers decry low export share despite N85.13trn trade boom

Manufacturers in Nigeria have raised concerns about the low contribution of manufactured goods to national exports, despite a 9.93% increase in total exports in 2025, reaching N85.13 trillion. Manufactured exports accounted for only N2.5 trillion, less than 3% of the total. The Chairman of the Manufacturers Association of Nigeria Export Promotion Group, Odiri Erewa-Meggison, emphasized the need for practical reforms to enhance the country's competitiveness in the global market.

Fiscal policy, tariff amendments'll boost local manufacturing — CPPE

PoliticsBusiness & EconomyNigeria

Urowayino Jeremiah•1m ago

Fiscal policy, tariff amendments'll boost local manufacturing — CPPE

The 2026 Fiscal Policy measures and Tariff Amendments recently approved by the Federal Government are expected to boost domestic manufacturing and import substitution in Nigeria, according to the Centre for the Promotion of Private Enterprise (CPPE). The measures include revisions to the Import Adjustment Tax (IAT) and selective import restrictions aimed at enhancing manufacturing competitiveness. CPPE CEO Dr. Muda Yusuf stated that these policies represent a bold step towards economic restructuring and industrialization.

Low MSMEs participation in support programmes worrisome — SMEDAN

Business & EconomyNigeria

Urowayino Jeremiah•1m ago

Low MSMEs participation in support programmes worrisome — SMEDAN

The Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, expressed concern over the low participation of MSMEs in government support programmes despite significant interventions aimed at boosting business growth. Director General Mr. Charles Odii noted that over N200 billion has been disbursed in grants, but many entrepreneurs lack trust in these programmes. He emphasized the importance of registration with the agency to access available support packages.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more