Wednesday, April 22, 2026
Nigerian lenders exposure to oil & gas still high at 22.5% despite sector’s NPL history
A sectorial breakdown of Nigerian banks’ credit to the private sector in the second quarter of 2017 indicates that the...
Read moreDetailsIndia to sell only electric cars within the next 13 years
Every car sold in India from 2030 will be electric, under new government plans that have delighted environmentalists and dismayed...
Read moreDetailsNigeria stocks close week positive as benchmark index rises 1.66%
Nigeria equities market closed Friday on a positive note, as NSE ASI appreciated by 1.66% to close at 36,920.56 basis...
Read moreDetailsNamibia’s central bank cuts rate by 25 bps amid weak economy, easing CPI
Namibia's central bank cut its benchmark repo rate by 25 basis points to 6.75 percent "to support domestic economic activity"...
Read moreDetailsNigeria’s over 190 marginal oil fields idle on government inaction, funding gaps
Lack of funding leading to underutilization of leases and government inaction in conducting bid rounds are holding back investments in...
Read moreDetailsNigeria state oil company appeals to pipeline vandals to desist from act as it harms the economy
Maikanti Baru, the group managing director of the Nigerian National Petroleum Corporation, has appealed to oil pipeline hackers to desist...
Read moreDetailsChina issues guidelines curbing outbound property, entertainment investments
The Chinese authorities have drafted measures aimed at slowing capital fleeing offshore amid tepid economic growth by restricting outbound investment...
Read moreDetailsOil nudges higher on tightening supplies, weak dollar
Oil prices edged higher Friday, with investors offered some encouragement from data hinting that oversupply was easing steadily and a...
Read moreDetailsEfficiency eludes $10trn global construction industry on dwindling investment, failure to consolidate
Global construction industry is adjudged to be holding the dubious honour of having the lowest productivity gains of any industry,...
Read moreDetailsNigerian equities’ index logs 0.59% as market rebounds on bargain hunting in Dangote Cement
After three consecutive days of declines, Nigerian equities finally bucked the prevailing bearish sentiment Thursday as market index recorded a...
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