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News
Oyedele Tasks Banks to Disburse More Loans to Productive Sectors, |
4+ day, 15+ hour ago (362+ words) The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has urged Nigerian banks to channel more capital into productive businesses and sectors capable of driving investment, job creation and economic growth. Representing President Bola Tinubu at…...
Registration for Blaze by Ecobank’s InnovateX 2026 Closes October 30 &
4+ day, 11+ hour ago (418+ words) Young Nigerians, particularly students, innovators, entrepreneurs, and creatives aged 16 to 25, who intend to register for Ecobank Nigeria’s flagship youth innovation challenge, InnovateX 2026, have till Friday, October 30, to do the needful via www.innovatex.africa. The programme has N20 million up for…...
Nigeria's Tech Ecosystem Cannot Become a Safe Haven for Financial
4+ day, 15+ hour ago (705+ words) Nigeria’s Tech Ecosystem Cannot Become a Safe Haven for Financial Crime Business Post Nigeria Nigeria’s technology ecosystem is entering a critical phase of development, attracting global capital and connecting local commerce to international markets. Tech platforms are no longer simply…...
NASD Plc, Two Others Lift Unlisted Securities Exchange by 0.17% |
4+ day, 15+ hour ago (241+ words) Three price gainers spurred the NASD Over-the-Counter (OTC) Securities Exchange by 0.17 per cent on Tuesday, September 8. Consequently, the market capitalisation chalked up N4.68 billion to finish at N2.698 trillion compared with the previous session’s N2.694 trillion, and the NASD Security Index (NSI) expanded…...
Moody's Upgrades Nigeria's Outlook to Positive on Stronger |
2+ week, 1+ day ago (653+ words) Moody’s Ratings, a US-based rating agency, has revised Nigeria’s sovereign outlook to positive from stable, citing improvements in the country’s external position and ‘stronger-than-expected’ economic growth. The rating agency also affirmed Nigeria’s long-term foreign and local currency issuer ratings at…...
Unlisted Securities Market Halts Losing Streak with 0.65% Appreciation
2+ week, 5+ day ago (373+ words) The NASD Over-the-Counter (OTC) Securities Exchange halted its losing streak on Monday, August 24, after it closed higher by 0.65 per cent at the close of business. During the trading session, the market capitalisation rose by N21.75 to close at N2.574 trillion compared with…...
Continued Sell-Offs Shrink NASD Bourse for Sixth Straight Session
3+ week, 1+ day ago (313+ words) The NASD Over-the-Counter (OTC) Securities Exchange suffered its sixth consecutive loss on Friday, August 21, after it further gave up 0.54 per cent. This shrank the market capitalisation of the NASD bourse by N13.92 billion to N2.557 trillion from N2.571 trillion, and weakened the NASD…...
Nigeria's New Alphanumeric Postcode System to Launch October 1 |
3+ week, 4+ day ago (1283+ words) The Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, has announced that Nigeria will launch a new alphanumeric postcode system on October 1, 2026, with every home expected to have a unique postcode. Mr Tijani disclosed the development in a…...
Nigeria Mulls 5% Revenue Fines for Anti-Competitive Midstream, Downstream
3+ week, 5+ day ago (1282+ words) The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) could impose fines of up to five per cent of the annual turnover of petroleum operators found guilty of serious anti-competitive practices in the midstream and downstream sectors. This was contained…...
Nigeria May Have Escaped Fiscal Cliff; Now Build an Economy Worth the
3+ week, 5+ day ago (1610+ words) There is an uncomfortable concern and interrogation Nigeria must confront as it evaluates the economic reforms that began in 2023, which has to do with understanding the consequences Nigeria would have faced without reform. What if the petrol subsidy had remained?...