Nigeria’s interest rate pause sparks mixed reactions across market

How risk of Nigeria’s artificially low interest rates exceeds policy gain

Okafor Endurance Sep 22, 2020

Why New National Development Plan must prioritise productive economy, double digit growth

More troubles for business travellers over Emirates' ban, UAE visa restriction

Nigeria’s big banks see 13% dip in interest expense as customers’ deposits hit 4-year high

Nigerian banks in cost cutting push maintain branch closure after lockdown ease

Nigeria wasteful spending on subsidies slow attainment of SDG goals – Sanusi

Updated: FG, state governments cannot deliver development now - Sanusi

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LEAD STORY

Nigeria’s Situation Room commends conduct of Edo guber election

Modestus Anaesoronye Sep 22, 2020

The Nigeria Civil Society Situation Room has applauded the peaceful conduct of Edo Governorship elections held on Saturday, applauding role...

Obaseki, Shaibu receive Certificates of Return from INEC

Idris Umar Momoh Sep 22, 2020

The Independent National Electoral Commission (INEC) on Tuesday presented Certificate of Return to Edo State governor and governor-elect, Godwin Obaseki,...

Recapitalisation: Shakeup looms as only 10% of BDCs comply

Naira stable as 5,090 BDCs await $50.9m sales from central bank Tuesday

Hope Moses-Ashike Sep 21, 2020

Nigeria’s currency was stable on Monday, trading at N465 on the black market as 5,090 Bureau De Change (BDC) operators...

In Nigeria, weary investors, savers subsidise inefficient government

Lolade Akinmurele Sep 21, 2020

Something uncommon happened last Wednesday. At least that is how anyone who has not been following Nigeria’s financial markets recently...

Edo guber: Winners, losers, and implication for Nigeria

Zebulon Agomuo Sep 21, 2020

After the verbal missiles that were shot from different angles and by different individuals, the gubernatorial election in Edo State...

How pension funds reel from negative real interest rates

Micheal Ani Sep 21, 2020

A collapse in yields on Nigerian assets is leaving pension fund administrators (PFAs) with no choice but to plough back...

Shell-funded investor All On signs $1.5m plant expansion deal with Auxano

Isaac Anyaogu Sep 21, 2020

All On, a Shell-funded impact investment company has announced a $1.5m investment in Auxano Solar Nigeria Limited, one of the...

Oil/gas sector: New Bill to unlock $10bn in Nigeria’s local content yearly underway

Oladehinde Oladipo Sep 21, 2020

An amendment on a new bill in the oil and gas sector that will ensure that Nigeria joins the league...

Why Heineken’s acquisition of NB stocks matters for brewers

Gbemi Faminu Sep 21, 2020

Heineken Brouwerijen B.V, largest shareholder of the Nigerian Breweries (NB) stocks, has over the last two months consistently purchased units...

50% of Nigerians saw a rise in income in four years – Survey

Nigeria opens applications for salary support, grants for schools, SMEs

Caleb Ojewale Sep 21, 2020

There is an opportunity for school owners and other small businesses that have been unable to pay staff salaries since...

Godwin Obaseki receives INECs final result sheet

Our triumph over godfatherism made possible with Edo people's collective will - Obaseki

Chuks Oluigbo Sep 20, 2020

As congratulatory messages continue to pour in for Governor Godwin Obaseki of the People’s Democratic Party (PDP) over his victory...

Edo 2020: Obaseki commends Buhari for defending democracy

Idris Umar Momoh Sep 20, 2020

Edo State Governor, Godwin Obaseki, on Sunday thanked president Muhammadu Buhari for defending the nation’s democracy. Obaseki, also commended the...

INEC declares Obaseki winner of Edo State governorship election

Churchill Okoro Sep 20, 2020

The Incumbent governor of Edo State, Godwin Obaseki, has been declared the winner of the State’s governorship election conducted on...

Edo poll: Obaseki wins 13 of 18 LGAs