Friday, August 7, 2026
FPIs fret over Nigeria’s forex risk, mull fund repatriation
By Moses Obajemu The high prospect of a foreign exchange risk as well as general emerging market risk, which...
Read moreDetailsSallah: Market capitalisation sheds N57bn
Ahead of Sallah celebration, crucial market indicators of the Nigerian Stock Exchange (NSE) on Friday declined further by 0.43 percent...
Read moreDetailsNAICOM gets acting commissioner for insurance
The federal government has approved the appointment of Sunday Thomas as the acting commissioner for insurance and chief executive officer...
Read moreDetailsOil rises on European stockdraw despite demand slowdown forecast
Oil prices rose by about 3% on Friday, supported by a drop in European inventories and expectations of more OPEC...
Read moreDetailsAirtel plans mobile money business roll-out in Nigeria
Airtel Africa has said it will soon roll out its mobile money business in Nigeria. Raghunath Mandava, its chief executive...
Read moreDetailsTotal pension assets rise to N9.32trn
The total assets under the contributory pension scheme rose to N9.32 trillion as of the end of June 2019. The...
Read moreDetailsDanger! AfCFTA may increase Nigeria’s imports by 251% – Report
When the African Continental Free Trade Area agreement comes into full force, imported goods to Nigeria may jump by 251...
Read moreDetailsWorld Bank commitment to Nigeria hits $11bn— country director
Rachid Benmessaoud, the country director, World Bank Group, says the bank’s net commitment to Nigeria over the years is about...
Read moreDetailsMTN raises $140m in divestment plan
MTN Group Ltd says it has raised 2.1 billion rand (140.24 million dollars) from asset sales in the first half...
Read moreDetailsNigeria’s budget threatened, even as oil rises due to firm yuan, expectations of more OPEC cuts
Oil jumped more than $1 a barrel on Thursday on expectations that falling prices could lead to production cuts, coupled...
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