Friday, June 19, 2026
Nigeria ranked 2nd largest electricity access deficit in world as 80m homes live without power
The World Bank has ranked Nigeria as the second largest country in the world after India and the first in...
Read moreDetailsOPEC may extend oil production pact with Russia up to two decades
Organization of the Petroleum Exporting Countries, OPEC, is reportedly looking to extend oil production cooperation with Russia for up to...
Read moreDetailsOlam targets vast market share in Nigeria’s fishing sector
Giant food trading company, Olam International Ltd. is looking at capturing a vast share of the Nigerian fishing market in...
Read moreDetailsUnited Bank for Africa gets regulatory nod to operate wholesale banking in the UK
United Bank for Africa (UBA PLC) announced Tuesday that its London subsidiary has obtained regulatory permission to carry out wholesale...
Read moreDetailsNigerian stocks extend decline on continued sell-offs as year to date gain moderates to 7.8%
Sustained profit-taking by investors extended decline at the Nigerian stock market Tuesday as benchmark index, The Nigerian Stock Exchange All-Share...
Read moreDetailsNigerian banks, mobile money operators collaborate to accelerate financial inclusion
Target 10 million BVN enrollment by 2020... Nigeria commercial lenders, licensed mobile money operators, and agents have agreed to partner...
Read moreDetailsGlobal private equity firm, Milost withdraws funding for Nigerian bank after threats
Milost Global Inc., a New York-based private-equity firm, has halted plans to provide $1 billion to Nigeria’s Unity Bank Plc after it...
Read moreDetailsNigerian stocks sustain dip on profit taking amid good corporate releases
Nigerian stocks Monday sustained the past weeks’ negative performance as profit-taking further shed benchmark index, the NSEASI, by 0.04 percent...
Read moreDetailsIMF’s Lagarde proposes ‘rainy day fund’ for euro zone against future economic downturns
Christine Lagarde Christine Lagarde, International Monetary Fund (IMF) Managing Director Monday proposed creating a "rainy day fund" for the eurozone...
Read moreDetailsWhy is Nigeria ill prepared for a low-carbon future?
Like many petrostates, Nigeria, Africa’s biggest oil exporter, is aware that demand for petroleum may one-day fall victim to solar...
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