Friday, October 30, 2026
AFDB supports Francophone W/African countries with FCFA5bn grant
The African Development Bank Group (AFDB) has made a grant of 5 billion CFA Francs, through its African development fund,...
Read moreDetailsOPEC August oil output hits 2018 high despite Iran losses, Reuters survey shows
According to a Reuters survey on Friday, the 15-member Organization of the Petroleum Exporting Countries (OPEC) has pumped 32.79 million...
Read moreDetailsIATA predicts slower air traffic growth, warns rising cost to slow momentum
The International Air Transport Association (IATA) has reported strong airline revenue growth for July, but warns rising costs will see...
Read moreDetailsBearish sentiments persist at Nigeria’s equities market as NSEASI dips 0.77%
The bearish sentiment in Nigeria’s equities market persisted Thursday as sell pressures in bellwethers - GUARANTY (-2.7%), DANGCEM (-0.4%), STANBIC...
Read moreDetailsDiamond, Stanbic IBTC shares drop as investors react to sanctions by CBN
Share prices of Diamond and Stanbic IBTC, the two listed banks fined by the Central bank of Nigeria (CBN) for...
Read moreDetailsNigeria’s local content agency, NCDMB, mulls $14bn 10-year plan to create 300,000 jobs in Niger Delta
...as Nigeria needs simple business-friendly petroleum law The Nigerian Content Development and Monitoring Board (NCDMB) has come up with what...
Read moreDetailsOver 80% of Nigeria’s microfinance banks are in dire straits as insider abuse, low capital hobble operations
Nigeria’s microfinance institutions are hobbled by low capital base, insider abuse, poor management, illiquidity, lack of skill sets and policy...
Read moreDetailsMTN Nigeria denies CBN claims that it illegally repatriated $8.1bn
MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four...
Read moreDetailsNigeria central bank asks MTN to return illegally repatriated $8bn, slams 4 banks for aiding, abetting
The Central Bank of Nigeria (CBN) Wednesday asked telecoms major, MTN Nigeria to return $8 billion it illegally repatriated and...
Read moreDetailsNigerian equities market dips 0.44% as investors selloff blue chips
Investors embarked on sell offs across market bellwethers during the late trading hours of Wednesday, dragging the lead market indicator,...
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