June 04, 2022
Nigeria: Addressing Voter Apathy Through Electoral Process Technology
There has been consistent concern in recent times about the steady rise in the cost of conducting elections in Nigeria, despite the steady decline in voter turnout, even as… Read more »
June 03, 2022
Nigeria: GTCO Gets CBN's Nod for Payments Unit Habaripay
This week, GTCO, Nigeria's second biggest lender by market value, launched a fintech unit named SquadCo, which eases the path for it to offer services and products including,… Read more »
June 02, 2022
Nigeria: FEC Receives Report On 3.1 Percent Growth in Nigerian Economy
"The report shows that the economy grew by 3.1 per cent in the first quarter of 2022 compared to a growth of 0.5 per cent in the corresponding period in 2021." Read more »
Nigeria: In Osun Communities, Lack of Privacy Turns Traders Away From Borrowing
Traders say based on past experience, they fear being harrassed by representatives of microfinance banks and informal financial services providers. Read more »
June 01, 2022
Nigeria: Stocks Close Flat Amid Drop in Transaction Volume
Traders put up huge volumes of shares in Okomu Oil, Conoil and FBN Holdings for sale, triggering the slide. Read more »
Nigeria: Okada Riders Avoid Lagos Highways As Police Enforce Ban
Many Okada riders across the state complied with the ban by the state government. Read more »
Nigeria: FEC Approves NNPC, Ecowas Deal On Nigeria-Morocco Gas Pipeline
The pipeline would traverse 15 West African countries to Morocco and Spain. Read more »
Nigeria: Debt Servicing May Take All of Nigeria's Revenue By 2026, IMF Warns
The IMF says it is a reflection of the low revenue of the country, adding that it needs to mobilise more revenue to be able to have macroeconomic stability. Read more »
May 31, 2022
Nigeria: Naira Gains At Official Market
The naira gained at both the official and unofficial markets on Tuesday. Read more »
Nigeria: Tobacco Industries Cost World 8 Million Lives, 600 Million Trees Annually - Official
The global body said as many as 25 per cent of tobacco farmers are affected by green tobacco sickness, a disease it noted is caused by nicotine absorbed through the skin from the… Read more »
Nigeria: Mob Violence and Nigeria's Unraveling Economy
If Nigeria's economy was creating enough jobs to get people busy, we'd see less crisis. Read more »
May 30, 2022
Nigeria: Peter Obi Emerges Labour Party Presidential Candidate
Mr Obi joined the Labour Party last week after dumping the PDP. Read more »
Nigeria: What to Make of the CBN's Benchmark Rate Hike
Banks, then, would be the first point of reforms to monetary policy. And here, the immediate deliverable is an easy one. Read more »
May 26, 2022
Nigeria: For Women Farmers in Nigeria, Funding Hardly Comes From Banks
Despite being in the federal capital, she, like most other women farmers in Pegi, have no access to formal financial services or government support schemes for farmers. Read more »
Nigeria: FBN Holdings' Annual Revenue Crosses N757 Billion, Profit Hits N151 Billion After Big Loan Recovery
But the major boost to both top-line and profit came from a mind-blowing surge in the amount of loan recovered, which ballooned by nearly twelvefold to N141 billion. Read more »
Nigeria: Anguish, Despair As Kaduna Train Passengers Spend 57 Days in Captivity
57 days after the abduction of Kaduna bound passengers by gunmen, family members continue to be in anguish, waiting for the rescue of their relatives. Read more »
Nigeria: WHA75 - Investment in PHCs Can Guarantee 6.7 Years Increase in Life Expectancy By 2030 - WHO DG
Mr Ghebreyesus said investing in primary health care will help to promote health, prevent diseases, advance equity and health security. Read more »
May 25, 2022
Nigeria: Naira Extends Gain At Official Market
The spread between the black and official markets widens by 30.7 per cent. Read more »
Nigeria: What CBN's Interest Rate Hike Means for Nigerians, the Economy
In the midst of the global hike, the nation faces a dicey situation amid efforts to contain inflation, keep domestic prices stable, and ensure economic growth. Read more »
Nigeria: No Plane Crash in Lagos - FAAN
The airport authority says the plane was being transported to a new buyer. Read more »
May 24, 2022
Nigeria: Sustainable Lifestyle, Panacea for Looming Food, Energy Crises - Officials
Speakers decried the abuse of the environment by man and the inherent dangers to the society. Read more »
Nigeria: Nigerian Stocks in Biggest Year-to-Date Fall After Interest Rate Increase
The all-share index shrank by 961.9 points to 51,949.6, while market capitalisation closed lower at N28 trillion. Read more »
Nigeria: Nigeria's Central Bank Raises Interest Rate From 11.5% to 13%
The 150 basis point hike is significant as Nigeria battles rising inflation. Read more »
May 23, 2022
Nigeria: Nigeria's GDP Slows in 2022 First Quarter Over Previous Quarter
The performance was, however, better than a year ago when the economy grew 0.51 per cent in the first quarter of 2021. Read more »
Nigeria: Be Realistic On Interest Rate Decision, Analysts Tell Central Bank
This advice is coming as the MPC is scheduled to holds its bi-monthly meeting on Monday. Read more »