Tuesday, July 28, 2026
Largest Libyan oil field set to reopen Wednesday after deal
Libya’s biggest oil field is due to reopen Wednesday after a forced closure of more than two weeks, putting pressure...
Read moreDetailsNigeria’s growth figures fail to lift equities market as bourse index sinks further
Nigeria’s equities market sustained its bearish trend Tuesday as the release of growth figures by the country’s National Bureau of...
Read moreDetailsNigeria’s CP market out of lull as Ecobank Nigeria quotes ₦12.53bn worth on FMDQ
After a lull, commercial papers (CPs) are coming back onto the shelf of the Nigerian debt market as Ecobank Nigeria...
Read moreDetailsSouth Africa’s growth figures outpace Nigeria’s as both pulled out of recession in Q2
Nigeria and South Africa, two of Africa's richest countries, are no longer in recession as the economies of both grew...
Read moreDetailsNigeria 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...
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