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  • Nigeria Turns to Chinese Firms to Fix Loss-Making Refineries Shut for Years
  • GTCO Becomes Second Nigerian Bank to Hit N5 Trillion Valuation 
  • Modupe Elebute-Odunsi: I left the UK to reshape Nigerian cancer care — not to run Lagoon Hospital 
  • Access Bank’s Fintech Hydrogen Posts Lower Annual Profit of N1.65 Billion
  • Profit at Access Bank’s Parent Rises 15% to N743 Billion
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Author: Markets Reporters

Economics FEATURED Latest TOP STORIES 

UK agency BII commits $50m to Access Bank for Nigerian businesses

July 16, 2024July 16, 2024 Markets Reporters 0 Comments Access Bank, British International Investment

British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $50 million commitment to Access

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Agriculture FEATURED Latest TOP STORIES 

Nigeria’s agriculture at risk from food importation policy, AfDB boss warns

July 15, 2024July 15, 2024 Markets Reporters 0 Comments AfDB Akinwumi Adesina, Nigeria agriculture

The decision by Nigeria’s government to allow massive food importation risks destroying the country’s agriculture, Akinwumi Adesina, the President of

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Energy FEATURED Latest TOP STORIES 

NNPC slashes investment in Dangote refinery

July 14, 2024July 16, 2024 Markets Reporters 0 Comments Aliko Dangote, Dangote refinery, NNPC

The Nigerian National Petroleum Company Limited said on Sunday that its investment in Dangote refinery was reduced several months ago.

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FEATURED Latest Stocks TOP STORIES 

Geregu Power posts higher quarterly profit of N8.25bn

July 13, 2024July 13, 2024 Markets Reporters 0 Comments Femi Otedola, Geregu Power

Geregu Power Plc has reported a 19 percent increase in its profit before tax for the second quarter of this

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Economics FEATURED Latest TOP STORIES 

Nigeria’s external reserves surpass one-year high

July 10, 2024July 10, 2024 Markets Reporters 0 Comments Nigeria external reserves

The external reserves of Nigeria have hit the highest point in more than a year, rising by about $3 billion

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Economics FEATURED Latest TOP STORIES 

Nigeria is on path to debt trap, Rewane warns

July 10, 2024July 10, 2024 Markets Reporters 0 Comments Bismarck Rewane, Debt trap

Nigeria, Africa’s third-biggest economy, is on the path to debt trap, Bismarck Rewane, chief executive officer of Lagos-based Financial Derivatives

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Energy FEATURED Latest TOP STORIES 

Eko Disco’s staff gets 20% pay raise amid cost-of-living crisis 

July 8, 2024July 8, 2024 Markets Reporters 0 Comments cost of living adjustment, Cost of living crisis, EKEDC

Eko Electricity Distribution Company (EKEDC) announced on Monday that its Board of Directors has approved a 20% Cost of Living

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FEATURED Latest Stocks TOP STORIES 

Access Holdings’ N351bn rights issue opens for subscription 

July 8, 2024July 8, 2024 Markets Reporters 0 Comments Access Bank, Access Holdings rights issue

Access Holdings Plc, the parent company of the country’s largest bank by assets, has announced the commencement of its N351bn

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FEATURED Latest Stocks TOP STORIES 

Access Holdings gets SEC’s nod for N351bn rights issue

July 7, 2024July 7, 2024 Markets Reporters 0 Comments Access Holdings, Access Holdings rights issue, Bank recapitalisation

Access Holdings Plc says it has received approval from the Securities and Exchange Commission (SEC) for the commencement of its

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FEATURED Latest Money TOP STORIES 

Naira falls further as weekly forex liquidity drops 23%

July 6, 2024July 6, 2024 Markets Reporters 0 Comments naira, Nigeria forex liquidity

The naira weakened against the dollar this week as the turnover in the foreign exchange market declined by 22.99 percent.

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