Wednesday, April 22, 2026
Nigerian banking sector hovers near top of risk watch, says EIU
The Economist Intelligence Unit (EIU), a member of The Economist Group, has indicated that Nigeria’s banking sector is hovering near...
Read moreDetailsFull privatization seen behind the success of SACHOL, says BPE
Alex A. Okoh, director general of Nigeria’s Bureau of Public Enterprises (BPE), has said that the full privatisation method used...
Read moreDetailsNigeria re-awards $5.8 billion Mambilla hydroelectric power plant contract to Chinese state firm
Nigeria has approved the construction of a $5.8 billion hydroelectric power plant by a Chinese state firm, the power minister...
Read moreDetailsNigeria stocks continue losing streak as market index dip for third consecutive trading day by 1.5%
Nigeria’s equities market extended losses from two previous trading sessions to Wednesday as the benchmark index fell 1.5 percent to...
Read moreDetailsDangote’s ‘ghost’ tomato factory showcases Nigeria’s farming, industry challenges
Nigeria’s biggest and state-of-the-art tomato factory located in northern Nigeria owned by Dangote is producing tomato puree only on paper,...
Read moreDetailsNigerian insurer, Ensure, in buyout deal with Germany’s Allianz in African push
Germany’s Allianz said Wednesday it is buying control of Nigerian insurer, Ensure Insurance Plc, in a push for growth in...
Read moreDetailsSatellite data hint Nigeria’s economy is improving
Nigeria’s battered economy improved between April and June, at least according to satellite data. San Francisco-based SpaceKnow’s Nigeria Night Light...
Read moreDetailsNigeria’s BUA Group on course to produce 8mmt of cement as Osinbajo commissions Okpella line
Nigeria's BUA Group led by executive chairman and Forbes listed billionaire, Abdulsamad Rabiu, Tuesday said it was on course to...
Read moreDetailsNigeria electricity generation gets boost as NNPC increases gas supply to power plants by 123%
The Nigerian National Petroleum Corporation (NNPC) has increased daily average natural gas supply to the nation’s gas power plants by...
Read moreDetailsNigerian equities market bearish as profit-taking rules sentiments
The Nigerian equities market extended losses Tuesday as the all-share Index (ASI) dipped 0.4 percent to close at 36,165.93 points...
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