Latest News
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284Banking & FinanceNigeria’s W’Bank IDA Debt Hits $18.7b
Nigeria’s debt to the World Bank’s concessional lending arm, the International Development Association, surged by $1.9bn in just one year to reach...
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351Stock MarketBargain-Hunting Activities Resume at the Exchange as ASI Up 0.56%
EQUITIES Bargain-hunting activities resumed today in the Nigerian equities market with SEPLAT (+8.3%), ZENITHBANK (+3.9%), and PRESCO (+4.1%) lifting the bourse by...
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1.0KTelecoms & IT5G Adoption Stalls At 3% as 4G Dominates Market –NCC
Nigeria’s mobile telecommunications landscape remains firmly rooted in fourth-generation (4G) technology, which supports the majority of connections nationwide, even as fifth-generation (5G)...
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431Foreign NewsS&P 500 Futures Rise With Asian Shares, Gold Gains
US equity-index futures edged higher along with Asian stocks as the recent selling pressure tied to artificial intelligence appeared to stabilize. Precious...
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384Industry & MoneyNUPRC Moves to End Crude Theft with First Metering Facility
The Federal Government has intensified efforts to strengthen accountability in the crude oil sector with the inauguration of Nigeria’s first Gravimetric Multifaceted...
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389Local NewsFAAN’s Cash Transactions Cessation Starting February 29
The Federal Airports Authority of Nigeria has announced the cessation of all cash transactions across its operations nationwide, in compliance with the...
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421Local NewsFG, IEA Seal Pact on Methane Reduction, Clean Cooking Expansion
The federal government has signed a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to strengthen cooperation on methane emissions...
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381Business NewsNigeria Loses ₦1.76tr after Missing OPEC Quota
Nigeria’s oil sector lost an estimated N1.76tn in potential crude oil revenue due to its failure to meet the production quota set...
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342Stock MarketLocal Bourse Halts 11-Day Winning Streak as ASI Down 0.47%
EQUITIES The extended bullish run in the local bourse came to a halt today as the All-Share index closed lower after 11...
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1.3KOpinionCPI: Broad Price Momentum to Remain Contained in the Near Term
The National Bureau of Statistics reported a moderation in headline inflation to 15.10% y/y in January (December: 15.15% y/y), contrary to general...
