Nigeria’s forex reserves hit seven-month low
Nigeria’s foreign exchange reserves have dropped below $35 billion to the lowest level in seven months. The reserves fell to
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Author: Markets Reporters
Nigerians to pay N2m each for planned 300,000 houses – Presidency
The Nigerian Presidency has said the Federal Government will build 300,000 affordable houses for which Nigerians are expected to pay
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Nigerian banks make N401bn from fees, commissions in nine months
Nigerian commercial banks raked in a total of N401.35 billion from fees and commissions charged customers from January to September
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Nigeria’s inflation seen nearing 15% on petrol price, power tariff
The recent hikes in petrol price and electricity tariff will push Nigeria’s inflation to 14.8 percent in November from 14.23
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Bad loans in Nigerian banks drop despite COVID-19 crisis
The volume of non-performing loans in the banking sector fell by 3.50 percent to N1.17 trillion in the third quarter
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Nigerian banks’ credit to economy hits N19.87tn in Q3
The total amount of loans advanced by Nigerian banks to the economy rose by 5.58 percent to N19.87 trillion in
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NNPC boss pledges continued transparency, eyes profitability
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said he is committed to conducting
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Investors lose N464bn as Nigerian stocks extend losing streak
Investors lost N464bn this week as the Nigerian stock market on Friday extended its losing streak to the fifth straight
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Elumelu’s foundation, EU to empower 2,500 African women
The Tony Elumelu Foundation announced on Friday a partnership with the European Union to identify, train, mentor and fund 2,500
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Reopen borders to unlock growth potential, IMF advises Nigeria
The International Monetary Fund has advised the Nigerian government to lift trade restrictions as part of reforms needed to unlock
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