Wednesday, February 18, 2026
Currency traders see convergence of exchange rates on increased foreign interests in Nigeria’s equities
Nigeria's multiple exchange rates are heading for near-term convergence on the back of growing positive sentiments in the country's equities...
Read moreDetailsMubadala, Etisalat Nigeria, banks still talking, no final decision until next week
Yemi Osinbajo, Ag. President Etisalat delegation. R-L; Acting President, Hakeem Bello-Osagie, Chairman Etisalat Nigeria, Waheed Al-Muhari, Deputy CEO Etisalat, Kahled...
Read moreDetailsNigeria power assets IPO still a long shot away as profit worry mounts
*FG’s failings in privatization stalls investments in sector... The Nigeria power privatization, which was concluded in November 2013 and which...
Read moreDetailsUnited States rate hike may put Nigeria, others under pressure
Janet Yellen, chair of the U.S. Federal Reserve, Godwin Emefiele, Central Bank of Nigeria governor The U.S. Federal Reserves decision...
Read moreDetailsInflationary trend not positive yet as food prices rise 19% in May
The rise of the cost of food continued unabated in May even as inflation dropped for the fourth consecutive month...
Read moreDetailsFalling oil prices may hurt external reserves, CBN naira defence policy
The consistent fall in global oil prices in the past few weeks may hurt the nation’s external reserves and inhibit...
Read moreDetailsCustoms funds withdrawal wont impact much on banks – treasurers
Nigerian bank treasurers Wednesday told businessamlive that the were not expecting any major impact from the Federal Government directive to...
Read moreDetailsNigeria set to lead global growth in entertainment, media market over the next five years– PwC Report
Nigeria has been projected to become the world’s fastest-growing entertainment and media market in the next five years, according to...
Read moreDetailsWest African cocoa producers to boost local consumption as global market prices fall
Falling cocoa prices due to a glut in the market as well as falling demands from the developing world is...
Read moreDetailsNigeria interbank offer rate peaks at 126.7% as liquidity crunch hits banks
Liquidity pressures are mounting in Nigerian banks as the Nigeria Interbank Offered Rate (NIBOR) for overnight loans, the benchmark for...
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