Monday, July 27, 2026
Nigeria’s NBS links 14% Q4 2016 unemployment rate to rising labour population
Economic recession, job lay-offs and a 0.6 percent rise in labour force helped push Nigeria’s unemployment rate to 14.2 percent...
Read moreDetailsNigeria’s central bank bans overnight holding of forex purchased at interbank market
*Introduces new spread limit of N1… The Central Bank of Nigeria (CBN) has banned authorized dealers at the foreign exchange...
Read moreDetailsNigeria’s Taleveras, ExxonMobil, UK’s Ophir in Equatorial Guinea oil block wins
Nigeria’s rising and diversifying oil trading company, Taleveras, along with international oil company, ExxonMobil and United Kingdom based Ophir, were...
Read moreDetailsNigeria seen plugging LNG supply disruptions from Gulf diplomatic row
The simmering tension in the Gulf region where Saudi Arabia and key allies have cut ties with Qatar, the world’s...
Read moreDetailsMultiple bank charges rise on CBN endorsement as Nigerians pay on average N3.5bn monthly
As Nigeria’s National Assembly meet the Central Bank of Nigeria (CBN) and other banks in Africa’s largest economy over high...
Read moreDetailsWorld Bank raises Nigeria’s growth forecast to 2.5% in 2017
*Claims modest rise in commodity demand, prices as driver... The World Bank has forecast that Nigeria’s economy would grow 2.5%...
Read moreDetailsNigeria’s equity market hits 4% in 23-month high
Nigerian stocks hit a 23-month high on Monday, extending last week's rally and helped by gains in cement, fuel retailing...
Read moreDetailsFashola’s new directive on direct power purchase to ease Gencos’ liquidity
*Discos’ average market remittance still low at 33% The new policy directive to the Nigerian Electricity Regulatory Commission (NERC) by...
Read moreDetailsNigeria’s N51bn matured treasury bills may moderate interbank rates this week
The maturity of over N51 billion treasury bills under the open market operations (OMO) at the weekend may bring moderation...
Read moreDetailsBig business eyes collaboration to combat dearth of innovation
Few people might think serial entrepreneur Sir Richard Branson would need help when it comes to making sure his companies are...
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