News
Enugu Governor Advocates South-East Regional Integration for Economic Growth
Governor Peter Mbah of Enugu State has called for a unified economic framework across the South-East, proposing the creation of a “South-East Common Market” to integrate commerce, talent, and industry. Speaking at the South-East Vision 2025 Regional Stakeholder Forum, the governor urged the five states to act collectively rather than independently, stressing that disjointed development limits growth potential.
“By fusing our five distinct economies into one powerhouse, we are no longer just negotiating for a seat at the table; we are building the table ourselves,” Mbah said. He highlighted the importance of coordinated logistics, transportation corridors, and security infrastructure to enable seamless interstate commerce and investment.
The governor also emphasized the South-East Vision 2050 framework as a blueprint to address structural challenges and unlock the region’s collective economic potential. Immediate steps, including joint feasibility studies and regional project preparation, were urged to translate vision into tangible outcomes.
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Dangote, BUA, others drive industrial sector assets to N9.3tn
Five major industrial goods firms listed on the Nigerian Exchange recorded a combined asset base of N9.31 trillion in the 2025 financial year, reflecting improved profitability and stronger returns across the sector. The companies — Dangote Cement Plc, BUA Cement, Lafarge Africa Plc, Beta Glass Plc and Chemical and Allied Products Plc — saw their…
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Nigeria’s crude export earnings drop 14% to $31.5bn despite output rise
Nigeria’s crude oil export earnings declined to $31.54 billion in 2025, representing a 14 per cent drop from $36.85 billion recorded in 2024, despite an increase in overall production. Data from the Central Bank of Nigeria showed that the fall in earnings dragged the country’s current account surplus down to $14.04 billion from $19.03 billion…
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Suspected bandits bomb bridge in Niger
Suspected bandits have bombed a bridge along Luma Road, cutting off access between Luma, Babana, and Agwara communities in Borgu Local Government Area, Niger State. It was gathered that the incident occurred early Monday, disrupting movement and crippling the Babana major border market, which is held every Monday. According to sources, the bridge attack is…