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Finance & Economy - Page 276

Finance & Economy·News·Nigeria·Top Stories

What Nigeria’s 15.10% Inflation Rate Drop Means

Nigeria’s headline inflation rate fell to 15.10% in January 2026, the latest figures from the National Bureau of Statistics (NBS) show, extending a run of gradual declines that has lasted for almost a year. The figure is slightly lower than the 15.15%

February 16, 2026

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Finance & Economy

Rush For Heavyweight Shares Pushes Market Gain To N217 Billion

Bouyed by the advance mostly derived from appreciation in the shares of MTNN, Seplat, UBA, Access, ETI, GTCO and Sterling Bank, Nigerian stocks gained big on Wednesday as the benchmark index climbed 1 per cent following investor’s tremendous demand for big-cap stocks

December 9, 2021

Finance & Economy

Renaissance Capital Sees Official FX Rate at N482, Says Naira 13% Overvalued

Renaissance Capital Limited, a leading emerging and frontier market investment banking firm, predicts that the Naira will hit N482 to a dollar at the investors and exporters (I&E) foreign exchange window in 2022. Renaissance Capital (RenCap) at a webinar organized Wednesday said

December 9, 2021

Kogi, Lagos Record Highest Rate, As Inflation Soar To 24.08% In July

Finance & Economy

Inflation Pushing Global Monetary Policy Normalization – Fitch Ratings

The scale and longevity of the global inflation shock have taken most forecasters and central banks by surprise and is bringing forward the start of global monetary policy normalization, says Fitch Ratings in its latest Global Economic Outlook (GEO), published on Wednesday..

December 8, 2021

Finance & Economy·News

Oil Price To Hit $125 In 2022, $150 In 2023, JP Morgan Says

Oil prices are expected to overshoot $125 a barrel next year and $150 in 2023 due to capacity-led shortfalls in the Organisation of Petroleum Exporting Countries (OPEC), production, JP Morgan Global Equity Research has said. “As the group’s (OPEC+) real volume potential

December 8, 2021

Finance & Economy

Socially Responsible Investment Exceeds $35trn Globally – IsDB

Socially Responsible Investment (SRI) has exceeded $35trillion globally. Dr. Sami Al-Suwailem, Acting Sami Director-General, Islamic Research, and Training Institute, IsDB, made this point during the Accounting and Auditing Organization for Islamic Financial Institutions (AAIOIFI) and Islamic Development Bank (IsDB) 16th annual conference

December 8, 2021

CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Firms

Finance & Economy·News

CBN, AMCON, Others Shun Budget Defence

The House of Representatives has directed its principal officers to interface with the Committee of Finance and Currency over the failure of some agencies to appear for 2022 budget defence. Deputy Speaker of the House, Idris Wase, gave the ruling on Wednesday

December 8, 2021

Currency·Markets

Foreign Exchange Update: Dec., 8 2021

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦413.71/$1 on Wednesday 8th, after it closed at ₦415.07 to a $1 on Tuesday, 7th December 2021.

December 8, 2021

Dr Chichi Aniagolu-Okoye, Ford Foundation director for West Africa region

Entrepreneurship

Why Nigeria Loses International Business Opportunities Annually, By Aniagolu-Okoye

Despite Nigeria's large market size and the huge prospects it possesses, the country has been on the short end of the stick in international trade due to the unwholesome practices by merchants in the country thereby making them lose trust of foreign

December 7, 2021

Finance & Economy·News

Heritage Bank Registers Farmers In 14 States With LCFE For N41bn Wheat Disbursement Project

Heritage Bank Plc in partnership with the Central Bank of Nigeria has set up plans to disburse a whopping sum of N41billion to farmers from 14 states for the expansion of wheat production project. The Bank, however, will register the wheat farmers

December 7, 2021

Finance & Economy·News

Ecobank Appoints Mobolaji Lawal Managing Director Designate

Ecobank Group, the leading pan-African banking group, has announced the appointment of Jubril Mobolaji Lawal as Regional Executive and Managing Director designate of Ecobank Nigeria, subject to the approval of the Central Bank of Nigeria. The appointment is made ahead of Patrick

December 7, 2021

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Finance & Economy - Page 276

What Nigeria’s 15.10% Inflation Rate Drop Means

Rush For Heavyweight Shares Pushes Market Gain To N217 Billion

Renaissance Capital Sees Official FX Rate at N482, Says Naira 13% Overvalued

Inflation Pushing Global Monetary Policy Normalization – Fitch Ratings

Oil Price To Hit $125 In 2022, $150 In 2023, JP Morgan Says

Socially Responsible Investment Exceeds $35trn Globally – IsDB

CBN, AMCON, Others Shun Budget Defence

Foreign Exchange Update: Dec., 8 2021

Why Nigeria Loses International Business Opportunities Annually, By Aniagolu-Okoye

Heritage Bank Registers Farmers In 14 States With LCFE For N41bn Wheat Disbursement Project

Ecobank Appoints Mobolaji Lawal Managing Director Designate

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Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

4 Suspects Now in Custody Over Murder of Nigerian E-Hailing Driver in Pretoria

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Finance & Economy - Page 276

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