Friday, August 21, 2026
China approves 85% loan to facilitate Nigeria’s $2.6bn gas pipeline project
By Onome Amuge China has granted approval of the 85 percent loan needed to fund the $2.6 billion...
Read moreDetailsOnline transactions bite chunk as Nigeria’s e-payments rise to N320trn in Q3 ’20
By Zainab Iwayemi A total of 2.8 billion transactions with a monetary value of N320 trillion were carried out...
Read moreDetailsBulls dominate Nigeria bourse as insurance, banking stocks drive market cap to N18.4trn
By Charles Abuede Experts say positive momentum will persist amid some pockets of profit booking activities Naira stays firm, T-bills...
Read moreDetailsNigeria’s internet subscriber base reaches 152.93m in October as broadband penetration hits 45.9%
By Charles Abuede Active internet data subscribers 152.48m Airtel, Glo go head to head for No. 2 in Nigeria...
Read moreDetailsAfrica’s 3.6% growth in 2019 above global rate, but continent’s trade fell 0.13% to $1,049bn, says Afreximbank
Asia overtakes European Union as Africa’s major trading partner at 28.9% total trade It's 23.1% with China Cross-border informal...
Read moreDetails$37.7trn global trade volumes leave out Africa with its overbearing informal trade – report
Continent’s informal cross-border trade booms at 80% As intra-African trade down to $147bn in 2019 Global merchandise...
Read moreDetailsNigeria’s deficit, debt to remain high post-Covid-19, oil shocks, says Moody’s
By Charles Abuede Rates credit profile B2 negative Economy severely hit by Covid-19, oil price shocks Nigeria’s credit profile,...
Read moreDetailsWood Mackenzie says Nigeria’s PIB has ‘scaled new heights of fiscal complexity’
…as NNPC presents first budget in 43 years Wood Mackenzie says Nigeria’s soon-to-be passed Petroleum Industry Bill (PIB), a...
Read moreDetailsNBS reports 6% Nigeria banking sector loan growth to N19.87trn in Q3’20
By Charles Abuede Report points that growth in loans from banks not expected until economic activities pick up significantly ...
Read moreDetailsNigeria’s inflation reaches 34-month high at 14.89% in November, amid yuletide
By Charles Abuede Food, core inflation rise to 18.30%, 11.05% in line with analysts’ expectations With the festive period...
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