Latest News
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150Professional ServiceNAICOM Imposes 0.25% Protection Levy on 67 Insurers
The National Insurance Commission has issued a stern directive to 67 insurance and reinsurance companies to begin mandatory contributions to the newly...
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149OpinionNigeria’s Poverty Hits 63% Despite Easing Inflation –W’Bank
Poverty in Nigeria rose to 63 per cent in 2025, despite a slowdown in inflation, indicating the limited impact of recent macroeconomic...
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146Stock MarketBargain-Hunting Activities Continue at the Stock Market
EQUITIES Bargain-hunting activities continued today in the Nigerian equities market, with NESTLE (+6.4%), ZENITHBANK (+2.8%), and GTCO (+1.9%) lifting the bourse. Consequently,...
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148Economy & MarketNigeria’s Frontier Return Reinforces Equity Re-rating
FTSE Russell has confirmed Nigeria’s reclassification from Unclassified back to Frontier Market status in its March 2026 interim review, publishing the update...
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150Industry & MoneyFG Mulls Housing Fund Expansion, Affordable Mortgages
The Federal Government has called for the expansion of the MOFI Real Estate Investment Fund to make affordable housing more accessible to...
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39Economy & MarketW’Bank Flags Fiscal Risk in Nigeria’s ₦4tr Power Bond
The World Bank has stated its opinion on the Federal Government’s plan to settle the N3.3tn debts owed to power-generating companies, with...
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142Business NewsStocks’ Relief Rally Stalls as Crude Oil Rebounds
Stocks declined and oil rose as optimism over the US-Iran ceasefire faded after Tehran said several terms of the agreement had been...
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170Banking & FinanceAfreximbank Mulls $10b to Shield Nigeria, Others from Gulf Crisis
To mitigate the economic shocks triggered by the escalating conflict in the Middle East, the Board of Directors of African Export-Import Bank...
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182Business NewsNigeria, Indonesia Deepen Economic Ties
Nigeria and Indonesia have taken a significant step towards strengthening bilateral relations, as the Ambassador of the Republic of Indonesia to Nigeria,...
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164Economy & MarketOil Shock: W’Bank Predicts 3.1-Point Inflation Rise for Nigeria
The World Bank has warned that the ongoing surge in global oil prices could directly add around 3.1 percentage points to Nigeria’s...
