Economy, markets, finance, CBN policy, energy, and industry.
President Bola Ahmed Tinubu has called on Nigeria's banking sector to expand its role beyond mere financial intermediation, emphasizing the need for banks to actively contribute to job creation and production. He highlighted that achieving macroeconomic stability should result in widespread prosperity for the nation.
As Uber exits the Nigerian market, experts highlight the need for Nigeria to bridge the gap between digital connectivity and organizational infrastructure. The country's potential remains untapped due to inadequate physical and institutional frameworks, despite existing plans for growth.
In a stark contrast to neighboring states, Akwa Ibom has reported a meager N249.23 million in investment income for 2025, overshadowed by Delta's N18.29 billion and Edo's N11.07 billion. This raises questions about the management and profitability of the state's extensive portfolio of investments, including Ibom Air.
The Nigerian equities market has witnessed a staggering 1,073% increase in net capital outflow, totaling N266.07 billion over the past three years, as foreign investors increasingly withdraw their funds. Analysts highlight the ongoing pressure on foreign portfolio investments, raising concerns about the implications for the nation’s economy.
Femi Otedola has expressed optimism regarding FirstHoldCo's recent inclusion in the prestigious FTSE Frontier 50 Index, effective September 21. This milestone marks a significant achievement for the company and the Nigerian market as a whole.
The National Agency for Food and Drug Administration and Control (NAFDAC) has highlighted the involvement of Chinese dealers in the alarming rise of counterfeit products in Nigeria. This revelation has sparked significant public outcry and demands for stricter regulatory measures.
A new wave of online casinos is set to embrace American Express in 2026, offering enticing promotions and cryptocurrency payouts for players. The following brands are leading the charge with their appealing deposit rewards and secure payment options.
Casino players seeking alternatives to Bovada can find numerous platforms offering similar features, including quick sign-ups and extensive game selections. This guide highlights the best options available for a seamless gambling experience.
As the trading landscape evolves, the choice between MT4 and MT5 platforms hinges on individual trading habits rather than mere features. Understanding how each platform aligns with personal trading styles is essential for maximizing market interactions.
Experts argue that reintroducing fuel subsidies in Nigeria would exacerbate existing economic challenges rather than alleviate them. The call for sustainable economic reform emphasizes the importance of domestic refining and reducing fiscal burdens.
The Association of Local Governments of Nigeria (ALGON) has pledged N36 million to support the revival of a 55-year-old newspaper, underscoring the importance of preserving journalistic heritage. Chairman Yibala Inyang made the announcement during a visit to the remodeled newspaper corporation in Calabar.
The Nigerian economy's annualized growth rate of 4.43% in the second quarter of 2026 highlights a significant gap between governmental ambitions and economic reality. Analysts argue that this growth is insufficient for the high-productivity trajectory needed for sustainable development.
