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Tuesday, May 5, 2026
Latest:
  • 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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Economics FEATURED Latest TOP STORIES 

Nigerian central bank cuts interest rate to 11.5%

September 22, 2020October 6, 2020 Markets Reporters 0 Comments CBN, interest rate, MPR

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate, also known as

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Economics FEATURED Latest TOP STORIES 

Nigeria’s GDP growth turns negative after three-year slow recovery

August 24, 2020August 24, 2020 Markets Reporters 0 Comments GDP, Nigeria

After 13 consecutive quarters of positive growth, Nigeria’s economy shrank in the second quarter of this year as the Gross

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Energy FEATURED Latest TOP STORIES 

Oil overproduction: Nigeria, others asked to submit compensation plans

August 20, 2020August 20, 2020 Markets Reporters 0 Comments Nigeria, oil overproduction, OPEC+

Nigeria and other countries that have not fully complied with the oil production cut deal by the Organisation of the

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FEATURED Latest Technology TOP STORIES 

South African telecoms giant, MTN, appoints new CEO

August 19, 2020August 19, 2020 Markets Reporters 0 Comments MTN, Ralph Mupita

South African telecommunications giant, MTN Group Limited, announced on Wednesday that the Chief Financial Officer, Ralph Mupita, has been appointed

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex scarcity, huge blow to investor confidence – Rewane’s FDC

August 19, 2020August 19, 2020 Markets Reporters 0 Comments CBN, FDC, Forex scarcity

The Financial Derivatives Company Limited has said the scarcity of foreign exchange in Nigeria is a huge blow to investor

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FEATURED Latest Money TOP STORIES 

Dollar shortage hits Nigerian bank’s dividend payment to GDR holders

August 18, 2020August 18, 2020 Markets Reporters 0 Comments Dollar shortage, GDR holders, GTBank

Payment of dividends to holders of Nigeria’s Guaranty Trust Bank global depository receipts has been delayed due to difficulties in

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Energy FEATURED Latest TOP STORIES 

NNPC sets sights on greater transparency, partners EITI

August 18, 2020August 18, 2020 Markets Reporters 0 Comments EITI, Mele Kyari, NNPC

The Nigerian National Petroleum Corporation has joined a group of over 65 extractives companies, state-owned enterprises, commodity traders, and others

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Energy FEATURED Latest TOP STORIES 

Nigerian govt increases petrol pump price by N20.3/litre

July 1, 2020July 2, 2020 Markets Reporters 0 Comments Nigeria, Petrol pump price, PPPRA

The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium

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FEATURED Latest Money TOP STORIES 

Ecobank Nigeria extends zero charge for money transfer

June 26, 2020June 26, 2020 Markets Reporters 0 Comments Ecobank Nigeria, Money transfer

Ecobank Nigeria says it has extended its zero-charge fee for digital money transfers below N5,000 till the end of September

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Energy FEATURED Latest TOP STORIES 

‘Global energy demand could suffer largest decline in 70 years’

June 25, 2020June 25, 2020 Markets Reporters 0 Comments Global energy demand, IEA

Global energy demand is set to fall by six percent in 2020, the largest in 70 years, due to the

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