Monday, July 27, 2026
Nigeria’s bad bank receivables rise 80% as obligors default
Nigeria’s bad bank, the Asset Management Corporation of Nigeria (AMCON), is currently facing recovery challenges from about 305 account obligors...
Read moreDetailsInflation to ease, firms operating cost to drop on declining diesel price
The Nigerian National Petroleum Corporation (NNPC) claims of a reduction in diesel price by 42 per cent could positively ease...
Read moreDetailsForte Oil’s N20bn share sale: Analysis shows offers little or nothing to investors
ANALYSIS Downstream oil and gas firm, Forte Oil Plc, which also plays in the power generating space, recently disclosed plans...
Read moreDetailsOutlook for naira positive amid fiscal worries going into 2018
Nigeria’s new foreign exchange policy, which has seen the creation of the Investor and Exporters forex window by the Central...
Read moreDetailsOil market heading in right direction, says Saudi’s energy minister
Saudi Arabia's Energy Minister Khalid al-Falih talks to journalists before a meeting of OPEC oil ministers in Vienna Saudi Energy...
Read moreDetailsNigeria received $18bn in remittance from Diaspora migrant workers in 2016 – IFAD
Gilbert F. Houngbo, the sixth President of the International Fund for Agricultural Development (IFAD) Nigerian migrant workers overseas sent home...
Read moreDetailsCurrency 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...
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