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Leaders
Power: Senate to grill minister over N147bn projects
The Senate Committee on Power has summoned Minister of Finance, Zainab Ahmed, over N147 billion included in the capital project…
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Finance & Economy
A Black October for the Lagos Bourse
The Nigerian Stock Exchange’s (NGX) performance declined dramatically last month after a fantastic run in H1 ’22, during which it…
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Finance & Economy
Currency Redesign: Masterstroke but not Enough
Following from the first part of our series on the Central Bank of Nigeria’s (CBN) decision to redesign the N200,…
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Finance & Economy
Ecobank Fintech Breakfast Series 2.0 will Focus on “Strengthening the Ecosystem” – Babajide Sipe
Ecobank Nigeria, member of the leading Pan-African banking group, Ecobank Transnational Incorporated (ETI), has announced that arrangements have been concluded to host the second edition of the…
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Leaders
FG owes contractors over N11tn, says Fashola
The Federal Government owes contractors about N11.16tn for the construction of various highways across the country and certificates of completion.…
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Finance & Economy
Investors Lose N50.84bn as NGXASI Declines Further by 0.21%; Overnight Rate Contracts by 5.34% to Close at 9.83%; BDC Depreciates to 820
1. EQUITIES MARKET Nigerian Equities Market closed negative as the key market indicator declined by 93.35bps amid negative market breadth The…
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Finance & Economy
Dollar scarcity worsens as banks ration withdrawals, BDCs stretched
• We can’t give what we don’t have, banks tell customers • High cash holders mop up the black market, push…
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Finance & Economy
External Debt Service Costs Still Manageable in Q2 2022
The DMO’s most recent quarterly publication on external debt service shows that the FGN’s external debt service payments amounted to…
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News
Nigerian Banks’ Capital Resilient to Naira Depreciation
Nigerian banks’ capitalisation would be fairly resilient to further naira depreciation given their long net foreign-currency (FC) positions and small…
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Brands
Dangote promises to deepen economic activities, sponsors 2022 Lagos International Trade Fair 
Pan African conglomerate, Dangote Industries Ltd has said it would continue to partner stakeholders to deepen commerce, industry and economic…
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