Access Bank Controls 17% of Nigerian Banking Assets –Fitch
Access Bank Controls 17% of Nigerian Banking Assets –Fitch Access Bank controls 17% of Nigerian banking assets in 2023, details from latest ratings note by Fitch showed. In its latest…
C’River Paid N55bn Debt in 12 Months, Gov. Otu
C’River Paid N55bn Debt in 12 Months, Gov. Otu Gov. Bassey Otu of Cross River has said that since assumption of office on May 29, 2023, a total of N55…
Food Crisis: Naira Purchasing Power Sinks as Prices Skyrocket
Food Crisis: Naira Purchasing Power Sinks as Prices Skyrocket Market prices of everything, including pepper, oil and onions have surged due to food supply crisis in Nigeria. People can barely…
NCC: A Digital Enabler of the Renewed Hope Agenda
NCC: A Digital Enabler of the Renewed Hope Agenda In Nigeria, a young tech-savvy and upwardly mobile population is teeming, and exploring derivable benefits of digital technologies. They are propelled…
NDDC Urges IOCs to Pay over $700m Outstanding Debt
NDDC Urges IOCs to Pay over $700m Outstanding Debt The Niger Delta Development Commission (NDDC) has appealed to International Oil Companies (IOCs) to pay up the whopping sum of 700…
ExxonMobil Signs $1.28bn Asset Divestment Deal in Nigeria
ExxonMobil Signs $1.28bn Asset Divestment Deal in Nigeria EXXONMOBIL: The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Thursday announced the signing of a settlement agreement facilitating the divestment of…
Equities Investors Wealth Rises by N259bn to N56.2 Trillion
Equities Investors Wealth Rises by N259bn to N56.2 Trillion Equities investors wealth rose by over N259 billion to about N56.2 trillion on Thursday in the stock market. The gain drove…
Naira Disappoints, Loses 11.7% Despite FX Market Intervention
Naira Disappoints, Loses 11.7% Despite FX Market Intervention The Nigerian naira ended today downbeat, losing about 12% day on day despite forex market intervention. Despite FX sales to local banks,…
Nigeria’s Growth Rate Projected to Increase to 4.4% in 2025- AfDB
Nigeria’s Growth Rate Projected to Increase to 4.4% in 2025- AfDB Growth rate of Nigeria and other West African countries is projected to rise from an estimated 3.6 per cent…
Oil Dips over Weak Demand, US Dollar Strength
Oil Dips over Weak Demand, US Dollar Strength Oil prices declined on Thursday amid ongoing uncertainties over the timing of the US Federal Reserve’s (Fed) interest rate cut, which fuelled…