Business December inflation projected to hit 35.20% Jan 14, 2025 0 Nigeria’s inflation rate is projected to rise to 35.20% in December 2024, driven by persistent price pressures,!-->…
Business Nigerian Banks’ Market Capitalisation Hits N7.90tn Jan 14, 2025 0 Eleven Nigerian banks have collectively achieved a market capitalization of N7.90tn, showcasing varying!-->…
Politics BREAKING: Mojisola Meranda Emerges New Lagos Assembly Speaker After Mudashiru… Jan 13, 2025 0 Hon. Mojisola Lasbat Meranda has been elected as the new Speaker of the Lagos State House of Assembly, Mudashiru!-->…
Business Nigeria’s Foreign Trade by LC Payments Down 52.5% YoY to $506.1m Jan 13, 2025 0 Nigeria’s foreign trade by Letter of Credit (LC) payments declined by 52.5% Year-on-Year (YoY) to $506.1 million!-->…
Business Investors Return Rise by N1.13trn as Stock Market Surge Further Jan 13, 2025 0 In the second week of trading in 2025, Nigerian stock market investors experienced a significant surge, in market!-->…
Business CBN unveils diaspora-friendly accounts to boost investments Jan 13, 2025 0 The Central Bank of Nigeria (CBN) has introduced two new accounts designed to attract investments from Nigerians!-->…
Business Apple Urges Shareholders to Reject Call for DEI Programme Rollback Jan 13, 2025 0 Apple’s board has urged investors to reject a proposal aimed at dismantling its Diversity, Equity, and Inclusion!-->…
Business Sub-Saharan Africa Lost $1.56bn To Internet Shutdown In 2024 – Report Jan 13, 2025 0 Sub-Saharan African countries collectively lost $1.56 billion due to government-induced internet shutdowns in!-->…
Business Nigerian Firms Shortlisted in UNDP’s Africa’s 15 Startups for Next HealthTech… Jan 13, 2025 0 The United Nations Development Programme (UNDP) Africa, has unveiled 15 groundbreaking startups for its HealthTech!-->…
Business FG sets up a special unit as implementation of LGA financial autonomy begins Jan 13, 2025 0 The Federal Government of Nigeria, through the Office of the Accountant-General of the Federation (OAGF), has set!-->…
Business Experts project 3.5% economic growth for Nigeria in 2025 Jan 13, 2025 0 Experts forecast Nigeria's economy to grow by 3.5% year-on-year in 2025, a slight improvement from the estimated!-->…
Business NGX hauls N12.2trn from bonds, listings in 2024 Jan 13, 2025 0 The Nigerian Exchange Limited (NGX) achieved a remarkable milestone in 2024, recording N12.17 trillion from!-->…
Business GTCO’s N400.5bn Public Offer Falls Short by 48% Jan 13, 2025 0 Guaranty Trust Holding Company Plc (GTCO) has revealed that its N400.5 billion public offer was undersubscribed by!-->…
Macroeconomic The oil and gas sector received 31.1% of banks’ credit allocation in Q3 2024 –CBN Jan 13, 2025 0 In the third quarter of 2024, the oil and gas sector secured 31.1% of Nigeria’s total credit allocation from!-->…
Business NAHCO Appoints Olumuyiwa Olumekun as GMD/CEO Following Gupta’s Retirement Jan 13, 2025 0 The Nigerian Aviation Handling Company PLC (NAHCO) has named Mr. Olumuyiwa Olumekun as its new Group Managing!-->…
Macroeconomic GDP rebasing: Services to enjoy biggest gain Jan 13, 2025 0 Nigeria’s services sector is projected to account for 55 to 60 percent of its rebased Gross Domestic Product (GDP)!-->…
Business CBN expected to hold MPR for most of 2025 Jan 13, 2025 0 Asset management firm Meristem Securities has projected that the Central Bank of Nigeria (CBN) will likely!-->…
Business FG to strengthen capital market for wealth creation Jan 13, 2025 0 The Federal Government has reiterated its commitment to bolstering Nigeria's capital market as a key driver of!-->…
Macroeconomic Nigeria secured $7.6bn investments at Africa forum – Adesina Jan 13, 2025 0 Nigeria has attracted $7.6 billion in investment commitments at the Africa Investment Forum 2024, held in Rabat,!-->…
Business Nigerian Stocks Surge by N1.14tn as Trend Lifts Market Jan 13, 2025 0 The Nigerian Exchange Limited (NGX) closed on a bullish note last week, delivering a significant gain of N1.14tn.!-->…
Business Recapitalization and Regulatory Shifts Reshape Nigerian Banking Sector in 2024 Jan 13, 2025 0 The Nigerian banking sector experienced a transformative 2024, driven by the Central Bank of Nigeria's (CBN)!-->…
Business Guinea Insurance Targets N1.75bn Gross Premium Written in Q1 2025 Jan 9, 2025 0 Guinea Insurance has projected a gross premium written (GPW) of N1.75 billion for the first quarter of 2025,!-->…
Business Inflation and Naira Stabilisation Expected in 2025 Jan 9, 2025 0 In 2025, experts forecast that inflation in Nigeria may begin to moderate, offering a potential easing cycle for!-->…
Business Investors Pick Kenya Over Nigeria As Startup Funding Falls To $2.2bn Jan 9, 2025 0 In 2024, Kenya emerged as the top destination for startup funding in Africa, surpassing Nigeria for the second!-->…
Business European Stocks Edge Higher as Mining Gains Offset Retail Losses Jan 9, 2025 0 European stocks regained stability on Thursday, as the STOXX 600 index rose by 0.1%, recovering from early!-->…
Business Bonds under pressure as stocks tumble amid UK gilt worries and US policy… Jan 9, 2025 0 Global financial markets faced turbulence as bond yields soared and stocks fell, driven by concerns over rising!-->…
Economy Telecom tariff hike imminent – FG Jan 9, 2025 0 The Federal Government has announced plans to increase telecommunication tariffs, though not as high as the 100!-->…
Business Dollar Stable Amid Rising Yields and Hawkish Fed Minutes Jan 9, 2025 0 The US dollar held steady on Thursday, supported by climbing Treasury yields and the Federal Reserve's hawkish!-->…
Business European Stocks Dip as UK Retailers and Economic Data Take Center Stage Jan 9, 2025 0 European stock markets edged lower on Thursday, weighed down by mixed economic data and corporate earnings.!-->…
Business Asia FX weakens as hawkish Fed boosts dollar; yen rises on BOJ rate hike bets Jan 9, 2025 0 Asian currencies faced pressure on Thursday as a stronger dollar gained momentum following hawkish Federal Reserve!-->…