Nigeria rolls out $2 billion Brazil-like social-welfare plan
Nigeria is rolling out its first national social-welfare program modeled partly on Brazil’s Bolsa Familia in a bid to boost ...
Wednesday, June 10, 2026
Tag: Nigeria
BoI’s profit slumps on reduced gains on disposals
Bank of Industry (BoI)’s full year net income has slumped 67.42 percent due to a significant decline in gains on ...
Nigeria’s oil production falls 29.55% year-to-date below budget benchmark of 2.2mbpd
Nigeria’s suboptimal oil production levels of 1.55 million barrels per day year-to-date is 29.55 percent below the 2017 budget benchmark ...
Nigeria lags in Internet data speed as broadband investment remains low
Nigeria’s Internet data speed at 3.9 megabits per second (mbps) remains relatively slow compared to global standard of 7.2mbps, according ...
As in India, Tanzania, Etisalat UAE’s walk from Nigeria may be permanent
*Banks seeking regulatory, legislative support for proper financial intermediation.... If history is anything to go by, international and local telecommunication ...
Etisalat Nigeria repaid $500m of loan amount before default
Etisalat Nigeria reportedly repaid $500 million of $1.2 billion in loans owed to banks before it defaulted in February as a ...
Nigeria’s central bank moves to liberalise management of non-performing assets
* To licence private asset management companies with N10bn capital base.... The growing non-performing assets of banks and the slow ...
Uber woe shows investors’ growing role in startups
The unexpected resignation of Travis Kalanick as Uber’s CEO under pressure from investors and series of controversies around largest technology startup, ...
BPE kick-start NSIA equity investment in Nigeria Commodity Exchange
Alex A. Okoh, director-general of the Bureau of Public Enterprises (BPE), Â has given Lead Capital Consortium a deadline of 60 ...
FG approves N701bn assurance system payment for electricity companies
The Federal  Government  has approved assurance system payment of N701 billion to improve liquidity in  the Nigerian electricity value chain, ...
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