Finance & Economy
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THE GENERATOR ECONOMY: How Nigeria Privatized Survival and Socialized Failure
At 8:17 on a Tuesday evening, the generator outside a hotel stopped. The sudden quiet was more honest than the…
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NIGERIA’S RICH STATES, POOR CITIZENS
When Nigeria removed fuel subsidy and floated the naira, the implicit promise was that more money to states would translate…
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Nigeria’s Economic Hardship, Insecurity and the Silence Around Governance Failure
Nigeria’s public debate has no shortage of voices, and the conditions it describes directly affect company costs. Unreliable power, rising…
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Nigeria’s 2026 Fiscal Deficit Outlook:Why Cheaper Borrowing Cannot Hide Nigeria’s 5.3% Fiscal Deficit Problem
Nigeria’s 2026 fiscal deficit outlook has become a study in contradictions between political messaging and budget arithmetic, and CSL Research’s…
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MARKET PULSE OCT 26:ANALYSTS DOWNGRADE 12, UPGRADE 6 AS HOLD TAKES OVER
The Nigerian equity market enters the last week of October 2026 not with conviction, but with caution. Capital Market Operators…
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NIGERIA Q3’26: STABILISED AT THE TOP, BLEEDING AT THE BOTTOM
Nigeria has finally achieved what it has chased for three years – growth is back, inflation is down, the naira…
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Access Holdings at ₦26.75: Why Africa’s Biggest Bank Trades Like a Distressed Mid-Tier While Wema and Stanbic Soar
At ₦26.75 on the NGX, with a P/E under 2x and P/B of 0.30x, Access Holdings looks like the steal…
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How First HoldCo Turned a 16% Drop in Core Interest Income Into a 65% Profit Surge
First HoldCo’s nine-month results for 2026 read like a contradiction that the leadership has managed to resolve. Net interest income,…
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N4.92 Trillion Outside Banks: Why Nigerians Are Clinging to Cash Despite CBN’s Cashless Drive
Cash held outside Nigeria’s banking system rose by N48.7 billion to N4.92 trillion in September 2026, according to latest Central…
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N2.4trn FAAC Rebound : Built On Oil And Port Levies, Not On VAT
The headline figure is that the Federation Account Allocation Committee shared N2.4 trillion in October 2026, up 4 percent from…
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