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FEATURED Latest Money TOP STORIES 

Nigerian banks make N401bn from fees, commissions in nine months

December 13, 2020December 13, 2020 Markets Reporters 0 Comments fee and commission income, NBS, Nigerian banks

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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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation seen nearing 15% on petrol price, power tariff

December 12, 2020December 12, 2020 Markets Reporters 0 Comments FDC, Inflation, Petrol price hike

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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Economics FEATURED Money TOP STORIES 

Bad loans in Nigerian banks drop despite COVID-19 crisis

December 12, 2020December 12, 2020 Markets Reporters 0 Comments Bad loans, COVID-19, Nigerian banks

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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FEATURED Latest Money TOP STORIES 

Nigerian banks’ credit to economy hits N19.87tn in Q3

December 12, 2020December 12, 2020 Markets Reporters 0 Comments NBS, Nigerian banks

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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Energy FEATURED Latest TOP STORIES 

NNPC boss pledges continued transparency, eyes profitability

December 12, 2020December 12, 2020 Markets Reporters 0 Comments ECOA-Africa, Mele Kyari, NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said he is committed to conducting

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FEATURED Latest Stocks TOP STORIES 

Investors lose N464bn as Nigerian stocks extend losing streak

December 11, 2020December 11, 2020 Markets Reporters 0 Comments Nigerian stocks, NSE

Investors lost N464bn this week as the Nigerian stock market on Friday extended its losing streak to the fifth straight

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Economics FEATURED Latest TOP STORIES 

Elumelu’s foundation, EU to empower 2,500 African women

December 11, 2020December 11, 2020 Markets Reporters 0 Comments EU, Tony Elumelu, Tony Elumelu Foundation

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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Economics FEATURED Latest TOP STORIES 

Reopen borders to unlock growth potential, IMF advises Nigeria

December 11, 2020December 11, 2020 Markets Reporters 0 Comments Border closure, IMF, 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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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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