Sunday, April 26, 2026
IMF urges concrete action to strengthen economic recovery in sub-Saharan Africa
The International Monetary Fund (IMF) has urged concerted efforts to strengthen economic recovery in sub-Saharan Africa despite its observations that...
Read moreDetailsHigher oil output, reduced imports sustain Nigeria’s current account surplus in Q2 at 0.4% of GDP
Emefiele Addressing investors at the London Stock exchange Nigeria recorded a current account (CA) surplus of 0.4 percent of GDP...
Read moreDetailsNigerian banks lose 8.7% deposits to treasury bills in 12 months as depositors switch investments
Nigeria's central bank governor, Godwin Emefiele, surrounded by officials, analysts and investors, rings the opening bell, Friday 27th October, 2017...
Read moreDetailsDeclining yields of Nigerian treasury bills may hurt banks’ interest income – Fitch
The high treasury bill yields, which have helped banks in recent times to maintain their margins, may decline in the...
Read moreDetailsNigeria’s ROI among the best in the world, Emefiele, central bank governor assures investors
Return on investment in all sectors of the Nigerian economy are among the best in the world, according to Godwin...
Read moreDetailsMorgan Stanley retains MSCI Nigeria Indexes on the MSCI Frontier Markets as it shelves reclassification exercise
The Morgan Stanley Capital International’s (MSCI’s) decision on the potential removal of the MSCI Nigeria Index from the MSCI Frontier...
Read moreDetailsNigeria’s state oil company pledges growing reserves, revenue, flags off marine oil search with partners
The Nigerian National Petroleum Corporation (NNPC) has declared its commitment to growing the nation’s crude oil reserves and increasing daily...
Read moreDetailsWorld Bank says 7 out of world’s 10 most unequal countries are in Africa, urges social inclusion as panacea
The World Bank in a brief on social inclusion in Africa weekend indicated that seven out of world’s 10 most...
Read moreDetailsNigerian stocks trade lower with benchmark index paring 0.34% w-o-w as global equities advance despite Catalan declaration
Nigerian equities Friday depreciated 0.15 percent to close benchmark index at 36,462.26 points as against 36,587.31 points recorded last week,...
Read moreDetailsWorld Bank releases new benchmarks for poverty, sets $3.2 a day as threshold for Nigerians
The World Bank has released new poverty lines as it defines "extreme poverty" as living on less than $1.90 a...
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