Monday, April 13, 2026
External forces to weigh on naira, as economic calendar remains light ahead of elections
An appreciating dollar, prospects of higher US interest rates, jitters ahead of the 2019 general elections and geopolitical tensions across...
Read moreDetailsUnion Bank to intensify interventions in Nigeria’s educational infrastructure
Union Bank of Nigeria plc, one of the country's oldest financial institutions, said on Tuesday that it would intensify its...
Read moreDetailsInfrastructure to worsen in 2019 as FG cuts CAPEX by 10.54%
Of N500bn cut, N330bn is from CAPEX CAPEX now 27% vs. recurrent at 73% The Nigerian government is putting the...
Read moreDetailsOPEC struggling to meet one million additional bpd pledge
An OPEC branded flag sits on a table ahead of the 169th Organization of Petroleum Exporting Countries (OPEC) meeting in...
Read moreDetailsNigeria lowers 2019 spending plan to N8.6trn as 2018 revenue target fails to meet expectations
The Nigerian government has been forced to lower its budget estimates for 2019 following the less than expected revenues in...
Read moreDetailsNigeria’s Zenith Bank grows profit by 12% to N144bn with an EPS growth of 16%
Zenith Bank Nigeria Plc., Thursday published its September 2018 results with the bank declaring profit growth of 12 percent year-on-year...
Read moreDetailsNigeria has generated an average of 1000mw of electricity yearly since 2015 says Fashola
Babatunde Raji Fashola (SAN), Nigeria's minister for power, works and housing Thursday disclosed that Nigeria has increased power generation from...
Read moreDetailsOil prices to average $91 per barrel in 2022, says Fitch
Fitch Solutions has forecast an average $91 per barrel for Brent crude oil in 2022 on the back of current...
Read moreDetailsNigeria equities market rebounds 0.70% on buy interest in Dangote Cement
Nigeria's equities market performed positively Thursday following buy interest in DANGCEM (+3.0%) as excluding DANGECM the market would have closed...
Read moreDetailsBanks’ N10bn annual revenues threatened as Nigerian Senate orders suspension of ATM card maintenance charges
Banks in the country will lose at least N10 billion in annual revenues following an order by the Nigerian senate...
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