Wednesday, July 29, 2026
African banks face risk of macroeconomic contagion from large holdings of govt securities
Moody's Investors Service says its negative outlook for the African banking system in 2018 reflects high macroeconomic risks that expose...
Read moreDetailsAnalysts foresee Nigeria’s economy in sluggish recovery in 2018 at 2.2%
Financial and economic analysts at Financial Derivative Company (FDC) have foreseen a sluggish economic recovery in 2018. Bismarck Rewane, the...
Read moreDetailsAhead NBS data, headline inflation seen dipping to 15.88% in November
Ahead the release of November inflation numbers on December 19, 2017, by the National Bureau of Statistics (NBS), analysts at...
Read moreDetailsFitch sees bleak outlook for reinsurance on back of Q3 weather catastrophes, depressed prices
Fitch ratings has seen bleak future for reinsurance because of Hurricanes Harvey, Irma, Maria and a couple of earthquakes that...
Read moreDetailsUS SEC warns ‘extreme caution’ over cryptocurrency investments, says there are ‘substantial risks of theft, loss, including from hacking’
Jay Clayton, the head of the US Securities and Exchange Commission has warned bitcoin and other cryptocurrency investors to beware...
Read moreDetailsWorld Bank to cease financing upstream oil and gas after 2019
The World Bank said on Tuesday it will no longer finance upstream oil and gas projects after 2019, apart from...
Read moreDetailsBrent crude soar above $65 bpd for first time since 2015
Global benchmark Brent crude oil prices jumped above $65 per barrel for the first time in 2 1/2 years after...
Read moreDetailsProfit taking in large caps pull down Nigerian stocks index 0.88%
Equities trading on the floor of the Nigerian Stock Exchange (NSE) Monday ended negative, depressing the all-share index (ASI) by...
Read moreDetailsNigeria’s 2018 budget seen not a fiscal stimulus for growth as experts explore prospects
Nigeria’s bid to achieve economic recovery and sustainable growth through its 2018 budget was the focus of the 2017 economic...
Read moreDetailsNERC’s new eligible customer regulation may hike retail tariffs
There are possibilities that retail tariffs may go up when the Nigerian Electricity Regulatory Commission (NERC’s) eligible customer regulation comes...
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