Tuesday, July 28, 2026
Nigeria’s bad bank, AMCON, seeks anti-graft agency, EFCC, collaboration to recover N4.6trn debt from recalcitrant obligors
L-R: Eberechukwu Uneze, Executive Director, Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, MD/CEO, AMCON, Ibrahim Mustafa Magu, Acting Chairman,...
Read moreDetailsOPEC hopeful of near term rebalance, stability in oil market, prices
The organisation of Petroleum Exporting Countries (OPEC) is optimistic of near stability in the oil market. Mohammad Sanusi Barkindo, secretary-general...
Read moreDetailsNigeria MSME’s poor credit history, non-bankable collateral hinder access to finance, says Detail Solicitors
Nigerian small and medium scale enterprises’ poor access to commercial credit has been linked to a lack of credit history...
Read moreDetailsMTN returns to profit-making after turbulent 2016
MTN Group, Africa's biggest mobile phone operator, returned to first-half profit on Thursday, marking a move away from a turbulent...
Read moreDetailsIMF expresses concerns over delays in Nigeria policy execution, says risk to economic recovery elevated
The International Monetary Fund (IMF) has expressed concerns over delay in policy execution in Nigeria, saying near-term vulnerabilities and risks...
Read moreDetailsUptick in Nigerian Breweries, Guinness extend gains at Nigerian bourse by 0.5%
Nigerian equities Wednesday extended gains of previous trading session with all-share index appreciating 0.50 percent to close at 36,905.06 points,...
Read moreDetailsNigeria, Angola crude demand firm as international refiners run full steam on booming margins
Booming refinery profits are helping leading African oil producers, Nigeria and Angola sell cargoes quickly, aided by a shortage in...
Read moreDetailsNigeria postal services targets 70% home deliveries in 2yrs as it adopts innovative addressing system
Nigeria’s postal service, NIPOST has set itself the ambitious target of increasing home delivery to 70 percent within the next...
Read moreDetailsLibya crude floods market again amid OPEC’s supply cut decision
Libya’s crude shipments jumped to a new three-year high last month, dealing a fresh blow to OPEC and allied oil-producing...
Read moreDetailsStandard Chartered sees shares hammered despite 82% rise in H1 profit
Standard Chartered plc, which operates a banking network in Nigeria, saw its share price fall by 5.5 percent despite announcing...
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