Wednesday, April 22, 2026
Nigeria far from recovery, though out of recession, say SBM Intelligence analysts
Though data released by the Nigeria’s National Bureau of Statistics (NBS) Tuesday indicate that Nigeria’s economy is finally out of...
Read moreDetailsNigeria officially out of recession as GDP grows 0.55% in Q2
Nigeria is officially out of recession, according to growth data published by the country's National Bureau of Statistics (NBS) Tuesday....
Read moreDetailsGlobal air freight rises 11% in July, says IATA
Global air freight rose 11.4 percent in July helped by continued economic growth, the third double-digit monthly increase in a...
Read moreDetailsNigeria’s tax agency generates N2.11trn in 7 months, targets improved tax ratio of 15% by 2020
The Federal Inland Revenue Service (FIRS) through tax collections generated N2.11 trillion as revenue from January to July 2017 as...
Read moreDetailsNigerian smaller banks more at risk on growing NPL levels as some lenders record lower capital ratios
BMI Research, a Fitch company, has indicated that Nigerian smaller banks are on top of risk watch on growing non-performing...
Read moreDetailsNigeria bad bank refutes business discussions with Ethiopian Airlines on Arik Air takeover
The Asset Management Corporation of Nigeria (AMCON) has refuted media reports that it is in talks with Ethiopian Airlines on...
Read moreDetailsNigeria’s banking industry seen strong, stable through 2018 amid pared profits FY2017
BMI Research, a member of the Fitch group, has forecast positive outlook for the Nigerian banking industry going into 2018....
Read moreDetailsNigeria’s exchange traded fund, ETF NGE, returns 21% year-to-date on equities rally
The Global X MSCI Nigeria ETF (NGE), which invests in among the largest and most liquid companies in Nigeria, has...
Read moreDetailsFresh threat on Nigeria’s fragile economy in Niger Delta agitators’ planned attacks on oil installations
Trouble is brewing in the Niger Delta swamplands, home to oil, the mainstay of the Nigerian economy, as the Coalition...
Read moreDetailsNigeria’s state oil company says it has crashed petrol, cooking gas prices nationwide
Nigeria’s state oil firm, the Nigerian National Petroleum Corporation (NNPC) says its sustained strategic intervention in the efficient supply and...
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