Monday, July 6, 2026
CBN plans tougher capital rules for Nigerian banks in Q2 as bad debts mount
Nigeria’s central bank plans to introduce fresh capital rules in the second quarter, threatening to heap pressure on lenders already...
Read moreDetailsYusuf, Nigerian Organised Private Sector leader, canvasses prioritization of investment in policies to boost economic development
Muda Yusuf, director general of one of Nigeria’s leading organized private sector groups, the Lagos Chamber of Commerce and Industry...
Read moreDetailsOPEC will avert new oil glut before April meeting- Barkindo
OPEC and its allies do not rule out taking further action at their next meeting in April should oil inventories...
Read moreDetailsN27,000 National Minimum Wage Bill passes second reading in Nigerian Senate
The National Minimum Wage Bill, 2019, which stipulates N27,000 as minimum wage across the country on Thursday passed the second...
Read moreDetailsDevelopment Bank of Nigeria disburses N31.6b in first year of operations
. plans N70b disbursement in 2019 Development Bank of Nigeria (DBN) has disbursed a total of N31.364 billion to 35,000...
Read moreDetailsRivers governor, Wike, challenges federal government to withdraw $500m from ECA for Ogoni clean-up as it did $1bn for insurgency in northeast
Nyesom Wike, the governor of Nigeria's oil-rich Rivers State, has asked the country's central government, through its ministry of environment to...
Read moreDetailsNigeria unveils new initiatives to increase non-oil revenues
The Nigerian government on Wednesday unveiled the Strategic Revenue Growth Initiative to generate more non-oil revenues thereby increasing available resources...
Read moreDetailsAMCON seeks investors for Polaris Bank
The Asset Management Corporation of Nigeria is seeking new investors to take over Polaris Bank after elections next month and...
Read moreDetailsNigerian bourse posts very marginal 0.01% rebound on moderate gains by key banking, oil stocks
Nigeria's equities market rebounded albeit flattish, up 0.01 percent to 30,736.9 points following gains in Guaranty (+1.3%), Zenith (+1.4%) and...
Read moreDetailsNew CAMA, Nigeria’s largest business reform bill, nears passage by lower house after successful third reading
Widely regarded as Nigeria's boldest and largest business reform legislation, the Companies and Allied Matters (CAM) Bill, which was passed...
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