Nigeria
CBN: Falling back on interventions to pull economy from recession
For one unprepared for battle, the booming sound of artillery fire would be enough for one to beat a retreat...
Read more
Lagos begins construction of 9km drainage
It was a moment of joy for residents of Agbado Okeodo, Mosan Okunola in Ayobo Ipaja Local Council Development Area...
Read more
Airlines face new threat as COVID-19 second wave spreads
Aviation experts have expressed worry that Nigeria could soon be hit by the second wave of the COVID-19 pandemic following...
Read more
NOVA recognised for N10b bond issuance
NOVA Merchant Bank has been recognised for its successful N10 billion seven- year subordinated unsecured bond, which was oversubscribed by...
Read more
Insurers pooled N938 billion investment revenue
Despite the challenging operating environment in the country, insurance companies have recorded growth in investment income which has hit N938...
Read more
InfraCo Africa Invests $27m in InfraCredit to Finance Infrastructure
InfraCredit, a specialised local currency infrastructure credit guarantee institution, has announced the completion of a $27 million equity investment by...
Read more
Forex interventions give false hope on naira, says IMF
REGULAR foreign exchange (forex) interventions in Nigeria and other emerging economies create false sense of security and hope on the...
Read more
Banks’ non-performing loans now N1.17tn – NBS
Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of...
Read more
Underwriter gets shareholders’ approval to raise authorised share capital to N20bn
AIICO Insurance Plc has gotten the approval of its shareholders to increase its authorised share capital from N18 billion to...
Read more
Equities Shed N464bn as Profit Taking Halts Bull Run
The equities market shed N463.7 billion last week as the bullish streak was halted by persistent profit taking. Following the...
Read more
How Soon Will FG Open Borders?
More than a year after the Nigerian government closed its land borders to trade, there is very little evidence to...
Read more
High food prices’ll persist for months, say farmers
The high cost of food items across the country will linger for months due to the effects of insecurity and...
Read more
Whereabouts of ‘600’ pupils unknown as nation slides into ‘uncertainty’
• Masari Orders Shutdown Of Boarding Schools • Actual Number Of Abducted, Missing Students Uncertain — Police • Buhari Condemns...
Read moreSanwo-Olu tests positive for COVID-19
It has been confirmed that Lagos State Governor Babajide Sanwo-Olu has tested positive for Covid-19. The confirmation, according to a...
Read more
Buhari sacks Pondei, appoints Akwa interim administrator
President Muhammadu Buhari has approved the appointment of an interim administrator to oversee the affairs of the Niger Delta Development...
Read more
Nigeria’s Q3 oil exports rise by 56% to N2.42tn
Nigeria more than doubled its crude oil exports in the third quarter of this year to N2.42tn after months of...
Read more
Economy expected to improve December — CBN survey
A survey conducted by the Central Bank of Nigeria showed that respondents expected the economy to improve in December after...
Read more
BREAKING: Lekki shootings: CNN objects to Lagos Panel’s invitation
Cable News Network, Inc.(CNN) has objected to a Witness Summons by the Lagos Judicial Panel of Inquiry and Restitution of...
Read more
Naira exchanges for N474/$
The naira exchanged to the dollar in the parallel market at N474/$ on Thursday. The naira which recorded slight improvement...
Read more
Reps: we are still expecting Buhari to appear before us
THE House of Representatives on Thursday said it was still expecting President Muhammadu Buhari to appear before it to shed...
Read more
Minister, shareholders disagree over N150b unclaimed dividends
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, yesterday, disagreed with the Independent Shareholders Association of Nigeria...
Read more
Crude Oil Price Hits $50 on Vaccine Rollout
Brent crude hit $50 a barrel yesterday, for the first time since oil prices crashed in early March, as hopes...
Read more
World Bank urges Nigeria on reforms to avoid worst recession
World Bank has said Nigeria may experience its worst recession in 20 years. It, however, advised that it was critical...
Read more
Labour rejects bid to borrow from N17tr pension fund
ORGANISED Labour on Thursday rejected a fresh bid by governors to borrow from the N17 trillion pension funds. The Nigeria...
Read moreCBN Boosts Market Liquidity with N4.1trn Special Bills
•Unveils new capital requirement for payment service providers •Emefiele lists ABP achievements Following last week’s introduction of 90-day special...
Read more
Powered by Agusto & Co.