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Author: Markets Reporters

Economics FEATURED Latest TOP STORIES 

20 million Nigerians could become poor by 2022 – World Bank

December 10, 2020December 10, 2020 Markets Reporters 0 Comments Poor Nigerians, World Bank

The number of poor Nigerians could increase by 15 to 20 million by 2022 in the absence of measures to

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FEATURED Latest Money TOP STORIES 

Naira falls to 482/dollar despite new CBN policy

December 7, 2020December 7, 2020 Markets Reporters 0 Comments naira, new CBN policy

The naira weakened against the dollar to 482 at the parallel market on Monday, paring some of its recent gains,

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Energy FEATURED Latest TOP STORIES 

Nigeria’s electricity regulator chair, Momoh, bows out

December 3, 2020December 3, 2020 Markets Reporters 0 Comments James Momoh, NERC, Sanusi Garba

The outgoing Chairman of the Nigerian Electricity Regulatory Commission, Prof. James Momoh, has handed over the leadership of the commission

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FEATURED Latest Money TOP STORIES 

Diaspora remittances: IMTOs opposed new CBN policy, says Emefiele

December 3, 2020December 3, 2020 Markets Reporters 1 Comment CBN, Diaspora remittances, Godwin Emefiele, IMTOs

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, said on Thursday that some International Money Transfer Operators

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Energy FEATURED Latest TOP STORIES 

Power grid tripped multiple times, restoration ongoing – TCN

November 29, 2020November 29, 2020 Markets Reporters 0 Comments Power grid, TCN

The Transmission Company of Nigeria has said the nation’s electricity grid experienced multiple tripping on Sunday, leading to the collapse

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Energy FEATURED Latest TOP STORIES 

Nigeria’s power grid suffers collapse, blackout worsens

November 29, 2020November 29, 2020 Markets Reporters 0 Comments Blackout, Power grid collapse

Nigeria’s power grid suffered a collapse on Sunday, worsening the blackout being experienced in many parts of the country. One

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Energy FEATURED Latest TOP STORIES 

Nigeria to begin solar home systems installation next month

November 29, 2020November 29, 2020 Markets Reporters 0 Comments Nigerian government, Solar home systems

The Nigerian government has said it will commence the process of installation of five million solar home systems in under-served

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FEATURED Money TOP STORIES 

Seven Nigerian banks post N54bn rise in profit despite COVID-19

November 29, 2020November 29, 2020 Markets Reporters 0 Comments COVID-19 pandemic, Nigerian banks

FBN Holdings Plc and six other Nigerian banks saw their combined profit after tax increase by N54.02bn in the nine

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Economics FEATURED Latest TOP STORIES 

Nigeria’s border closure doing more harm than good – CSLS

November 28, 2020November 28, 2020 Markets Reporters 0 Comments Border closure, CSL Stockbrokers

CSL Stockbrokers Limited, a member of the FCMB Group, has said the lingering closure of the Nigerian borders has done

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FEATURED Latest Stocks TOP STORIES 

Investors gain N390bn as Nigerian stocks close higher

November 28, 2020November 28, 2020 Markets Reporters 0 Comments Nigerian stocks, NSE

Investors in the Nigerian stock market gained N390bn at the close of trading this week amid positive sentiment. The Nigerian

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