Thursday, April 23, 2026
Nigerian stocks trade lower with index dipping 1.2% as investors hedge their bets awaiting policy outcome
Nigerian stocks closed trading Tuesday on a negative note with benchmark index dipping 1.2 percent to settle at 34,951.27 points...
Read moreDetailsNigeria MPC heeds analysts’ calls, keeps policy steady
In tandem with analysts’ expectations, the Monetary Policy Committee of the Central Bank of Nigeria (CBN) Tuesday kept monetary policy...
Read moreDetailsNigeria’s domestic economy shores up outlook for Q3
Nigeria’s recovery is firming up, according to recently released data by the National Bureau of Statistics (NBS). The performance of...
Read moreDetailsEconomic recovery in sub-Saharan Africa picks up steam as Nigeria returns to growth
Recent data confirms that the slow economic turnaround of the sub-Saharan Africa (SSA) region continued in the second quarter buoyed...
Read moreDetailsDangote Group to invest $4.6bn in Nigeria’s agriculture, calls for youth involvement in sector
The Chief Executive Officer, Dangote Group, Aliko Dangote, has said that the company would invest $4.6 billion in nation’s agricultural...
Read moreDetailsNigeria’s GTBank launches invitation to repurchase $400m debt
Nigeria’s Guaranty Trust Bank (GTBank) has indicated that it is seeking to deploy dollars to repurchase its $400 million 6...
Read moreDetailsNPDC to grow equity production to 500,000 bpd by 2020, becomes 5th largest oil producer in Nigeria
Nigerian Petroleum Development Company (NPDC), the flagship subsidiary of Nigeria’s state oil company, the Nigerian National Petroleum Corporation (NNPC), has...
Read moreDetailsNigerian trawlers bet on waterways with N18bn vessels despite economic, security challenges
The Nigeria Trawler Owners Association (NITOA) said it acquired a total of 18 vessels in the last one year at...
Read moreDetailsNigerian equities in negative close as market contracted 0.4% on profit booking
The Nigerian equities market opened the week on a negative note as the benchmark index contracted 0.4 percent to close...
Read moreDetailsNigeria’s macro risks, concentration worsen lenders’ asset quality as top five banks account for 47% of impaired credits
The intense weakening of the macroeconomic fundamentals against the backdrop of lower crude oil prices – Nigeria’s major revenue source...
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