Wednesday, April 22, 2026
Turnover in Nigeria fixed income, currency markets drop in July as CBN cuts back forex intervention
Transaction turnover in Nigeria’s fixed income and currency markets for the month of July 2017 amounted to ₦11.53 trillion, an...
Read moreDetailsNigeria Access Bank’s EIG calls July inflation at 15.94%, expects central bank’s cautious monetary policy
The Economic Intelligence Group of Nigeria’s tier-1 lender, Access Bank, has put out a call on the country’s July inflation...
Read moreDetailsNigerian lenders lose N56.4bn overdraft income to treasury single account policy
Nigerian banks have lost about N56.4 billion overdraft income in the past year due to the implementation of the treasury...
Read moreDetailsAfrica’s richest man looking outside the continent for investments, to stake $50bn in US, Europe
Nigeria’s Aliko Dangote and Africa’s richest man is looking outside the continent for investments. According to reports, he plans to...
Read moreDetailsNigeria saves $3bn as oil production cost drops 70.5% to $23 per barrel
The Nigerian National Petroleum Corporation (NNPC) has driven down the cost of crude oil production from $78 dollars per barrel...
Read moreDetailsNigerians pay public officials N400bn in bribes annually as public sector bribery reaches 32% – NBS
A national corruption survey by the National Bureau of Statistics released Wednesday has indicated that roughly N400 billion is spent...
Read moreDetailsNigeria Lagos needs improvement in healthcare, infrastructure to pull out of least-liveable cities’ list
Nigeria's city, Lagos has failed to make it onto a top ten list of the world's most liveable cities, instead...
Read moreDetailsLower oil prices may delay alternative fuel penetration, sustain demand for a while
Just as sailing ships improved and managed to briefly compete in the face of steam power, the fall in oil...
Read moreDetailsNigerian stocks extend losses to third consecutive trading session as profit taking rules
The negative trend in the equities market continued Wednesday as benchmark index lost value by 2.7 percent to close at...
Read moreDetailsRising cost of outright purchases sees Nigeria mortgaged households growing 287% to 38.9m in 2030
The number of households requiring mortgages to finance home ownership in Nigeria is seen growing by 287 percent in 2030...
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