Wednesday, June 24, 2026
Nigeria’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...
Read moreDetailsAnalysts call rate retention as Nigeria central bank seen focused on reining in inflation amid naira woes
Ahead decision of Nigeria’s central bank’s monetary policy committee (MPC) meeting Tuesday, financial analysts and the business community are forecasting policy rate...
Read moreDetailsOPEC must address rising Libya, Nigeria oil output, says Iran
Bijan Namdar Zanganeh, Iran’s Oil Minister said OPEC’s commitment to cutting production to clear a global glut is working, but...
Read moreDetailsNigeria’s e-commerce market to peak $50bn in a decade as expansion seen beyond retail transactions
Though the retail segment has largely driven the Nigeria’s ecommerce market, financial experts see exponential growth of the $13 billion...
Read moreDetailsOutlook for Nigeria’s media, entertainment industry upbeat as consumer, advertising spend seen grossing $2.8bn in 4yrs
Nigeria’s entertainment and media (E&M) industry is seen grossing over $2.8 billion in the next four years on growing consumer...
Read moreDetailsLagos highbrow residential, commercial Ikeja GRA faces rising level of vacant properties
An increasing number of properties in Lagos’s highbrow Ikeja Government Reserved Area (GRA), as with many other parts of the...
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