Skip to content
Friday, Jul 31, 2026
Market News Nigeria

Market News Nigeria

Real Time Financial News Website

  • Home
  • Local
  • World
  • Technology
  • Banking
  • Investing
  • Business
  • Features
  • Tips

Day: May 25, 2023

Shareholders of Access Holdings Approve N1.30 Final Dividend and Growth Expansion.
Business

Shareholders of Access Holdings Approve N1.30 Final Dividend and Growth Expansion.

The shareholders of Access Holdings Plc approved the management’s final dividend payout of N1.30 at the Pan-African banking institution’s inaugural…

byakintundeMay 25, 2023May 25, 2023
Berger shareholders have approved N202 million in dividends.
Business

Berger shareholders have approved N202 million in dividends.

Shareholders of Berger Paints of Nigeria Plc, a maker of paints and allied goods, have approved the payment of N202,876,413…

byakintundeMay 25, 2023May 25, 2023
Buhari seeks Senate approval to pay $556 million, £98 million, and N226 billion in judgment debts.
Local

Buhari seeks Senate approval to pay $556 million, £98 million, and N226 billion in judgment debts.

The judgment debts were resolved by the issuance of promissory notes, which will subsequently be evaluated over time for conviction…

byakintundeMay 25, 2023May 25, 2023
OPEC chief warns that global oil output is decreasing.
BusinessCommoditiesMarket

OPEC chief warns that global oil output is decreasing.

Haitham Al Ghais, Secretary General of the Organization of Petroleum Exporting Countries, has warned that world oil production capacity is…

byakintundeMay 25, 2023May 25, 2023
BREAKING: CBN increases interest rate to 18.5%.
Breaking

BREAKING: CBN increases interest rate to 18.5%.

The Central Bank of Nigeria’s Monetary Policy Committee unanimously voted to raise its monetary policy interest rates to 18.5%. The…

byakintundeMay 25, 2023May 25, 2023
Shipowners estimate that $20 million is spent each year on vessel repairs.
Maritime

Shipowners estimate that $20 million is spent each year on vessel repairs.

Despite the Nigerian Maritime Administration and Safety Agency’s (NIMASA) acquisition of a N50 billion floating dock, Nigerian shipowners have indicated…

byakintundeMay 25, 2023May 25, 2023
The NDIC will auction the assets of failed banks and reimburse clients.
BankingBusiness

The NDIC will auction the assets of failed banks and reimburse clients.

Following the Central Bank of Nigeria’s cancellation of licenses for 179 microfinance institutions and four Primary Mortgage institutions, the Nigeria…

byakintundeMay 25, 2023May 25, 2023
GDP fell to 2.3% in Q1 due to cash shortage, according to the NBS.
Business

GDP fell to 2.3% in Q1 due to cash shortage, according to the NBS.

Cash shortages created by the Central Bank of Nigeria’s naira redesign policy have driven Nigeria’s GDP growth below worldwide predictions…

byakintundeMay 25, 2023May 25, 2023
NIN and debit card integration approved by the FG.
Local

NIN and debit card integration approved by the FG.

Nigerians can now request that their commercial banks issue them a debit card that also serves as their National Identity…

byakintundeMay 25, 2023May 25, 2023

Copyright © 2026 Market News Nigeria | News Vault by Ascendoor | Powered by WordPress.