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Finance & Economy - Page 302

Curbing The Monster Of Vote-buying In The Electoral System

Nigeria’s Cost-of-Living Crisis Raises Vote-Buying Concerns Ahead of 2027

September 20, 2026

Nigeria is approaching the 2027 general election with inflation easing but the cost of living still weighing heavily on households, raising concerns about how economic vulnerability could interact with vote buying and

Africa·Finance & Economy·News

Côte d’Ivoire Sets Six-Month Target to Curb illegal Gold Mining

September 18, 2026

Côte d’Ivoire has given regional authorities six months to eradicate illegal gold mining in their jurisdictions as the government steps up security operations, river surveillance and efforts to rehabilitate mining-affected areas.

TECH: Edo Deepens Investments Against Future pandemics, Says Obaseki

Finance & Economy

31 Edo Firms Get BOI’s N2bn MSME Fund

THIRTY-ONE firms in Edo State have received letters to benefit from N2 billion Micro, Small, and Medium Enterprises (MSME) Fund being provided by Federal Government’s Bank of Industry (BOI) in partnership with the Edo State Government. The 31 businesses got the letters

November 25, 2021

Finance & Economy·World News

World Bank Makes 7 Strong Policy Recommendations For Nigeria

FOLLOWING its economic report on Nigeria that showed how inflationary shocks pushed eight million more Nigerians into extreme poverty in less than two years, the World Bank has advised that the Federal Government take important decisions regarding the formulation and management of

November 25, 2021

Nigerian Equity Market Records First Gain This Week

Currency·Markets

Foreign Exchange Update: Nov. 25, 2021

According to the data published on the FMDQ Security Exchange where foreign exchange (forex) is officially traded, the exchange rate between the Naira and the US dollar showed that the naira opened at N413.58 per dollar on Thursday, 25 November 2021, after

November 25, 2021

Finance & Economy

Despite 92.51% Contribution of Non-oil Sector To Q3 GDP, Productivity Still Low – CPPE

Report of Nigeria's Gross Domestic Product (GDP) in the third quarter of 2021indicated that non-Oil sector of the economy accounted for 92.51 percent, but there is low productivity in the sector, as organised private sector observed.

November 25, 2021

Finance & Economy

Inflation Shocks Push 8 Million More Nigerians Into Poverty Under 2 Years

Nigeria has worst revenue-to-GDP ratio among 115 countries monitored by the World Bank The World Bank has said that Nigeria has the worst revenue-to-GDP ratio among 115 countries it monitored. Economists use Gross Domestic Product (GDP) to measure the monetary value of final

November 24, 2021

Finance & Economy

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

Despite the backdrop of the positive growth reported for the Nigerian economy in the second quarter 2021 amidst the adverse effect of the COVID-19 pandemic and the drop in Nigeria oil production, a few numbers of commercial banks have recorded impressive growth

November 24, 2021

Finance & Economy

CBN Retains MPR At 11.5%, Holds Other Parameters Constant

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 11.5%, while keeping all other monetary parameters constant. The CBN Governor, Godwin Emefiele, disclosed this in a statement at the end of the 282nd

November 24, 2021

Finance & Economy

YANGA ACCOUNT: Retail Lender, Unity Bank Targets Nigeria’s 21 million ‘Excluded’ Women

The new Yanga Account will incorporate affordable health insurance scheme for women and seek to deepen penetration currently crawling at two per cent In its continuing demonstration of commitment to financial inclusion and women empowerment, Nigeria’s retail lender, Unity Bank Plc has

November 24, 2021

Markets·Currency

Exchange Rate Update: Nov 23,2021

According to the data at the FMDQ Security Exchange where forex is traded officially, the exchange rate between the naira and the US dollar opened at ₦413.53/$1 on Monday, November 19 after it closed at ₦414.40 to a $1 on Friday. Also,

November 23, 2021

Finance & Economy

FG To Remove Fuel Subsidy, Give Nigerians N5,000 transport grant

Federal government has revealed plans to remove fuel subsidies by mid 2022. Minister of Finance, Budget and National Planning, Zainab Ahmed, made the revelation on Tuesday at the World Bank Nigeria Development Update (NDU). According to her, fuel subsidies will be replaced

November 23, 2021

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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Finance & Economy - Page 302

Nigeria’s Cost-of-Living Crisis Raises Vote-Buying Concerns Ahead of 2027

Côte d’Ivoire Sets Six-Month Target to Curb illegal Gold Mining

31 Edo Firms Get BOI’s N2bn MSME Fund

World Bank Makes 7 Strong Policy Recommendations For Nigeria

Foreign Exchange Update: Nov. 25, 2021

Despite 92.51% Contribution of Non-oil Sector To Q3 GDP, Productivity Still Low – CPPE

Inflation Shocks Push 8 Million More Nigerians Into Poverty Under 2 Years

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

CBN Retains MPR At 11.5%, Holds Other Parameters Constant

YANGA ACCOUNT: Retail Lender, Unity Bank Targets Nigeria’s 21 million ‘Excluded’ Women

Exchange Rate Update: Nov 23,2021

FG To Remove Fuel Subsidy, Give Nigerians N5,000 transport grant

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Finance & Economy - Page 302

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