Economy, markets, finance, CBN policy, energy, and industry.
The Nigerian equities market has witnessed a staggering 1,073% increase in net capital outflow, totaling N266.07 billion over the past three years, as foreign investors increasingly withdraw their funds. Analysts highlight the ongoing pressure on foreign portfolio investments, raising concerns about the implications for the nation’s economy.
Femi Otedola has expressed optimism regarding FirstHoldCo's recent inclusion in the prestigious FTSE Frontier 50 Index, effective September 21. This milestone marks a significant achievement for the company and the Nigerian market as a whole.
The National Agency for Food and Drug Administration and Control (NAFDAC) has highlighted the involvement of Chinese dealers in the alarming rise of counterfeit products in Nigeria. This revelation has sparked significant public outcry and demands for stricter regulatory measures.
A new wave of online casinos is set to embrace American Express in 2026, offering enticing promotions and cryptocurrency payouts for players. The following brands are leading the charge with their appealing deposit rewards and secure payment options.
Casino players seeking alternatives to Bovada can find numerous platforms offering similar features, including quick sign-ups and extensive game selections. This guide highlights the best options available for a seamless gambling experience.
As the trading landscape evolves, the choice between MT4 and MT5 platforms hinges on individual trading habits rather than mere features. Understanding how each platform aligns with personal trading styles is essential for maximizing market interactions.
Experts argue that reintroducing fuel subsidies in Nigeria would exacerbate existing economic challenges rather than alleviate them. The call for sustainable economic reform emphasizes the importance of domestic refining and reducing fiscal burdens.
The Association of Local Governments of Nigeria (ALGON) has pledged N36 million to support the revival of a 55-year-old newspaper, underscoring the importance of preserving journalistic heritage. Chairman Yibala Inyang made the announcement during a visit to the remodeled newspaper corporation in Calabar.
The Nigerian economy's annualized growth rate of 4.43% in the second quarter of 2026 highlights a significant gap between governmental ambitions and economic reality. Analysts argue that this growth is insufficient for the high-productivity trajectory needed for sustainable development.
The Nigerian Ports Authority has reported a notable increase in cargo throughput for the second quarter of 2026, attributing this growth to recent reforms in the maritime sector. Key performance indicators indicate a robust recovery and enhanced competitiveness of Nigeria's seaports.
The Federal Competition and Consumer Protection Commission (FCCPC) has initiated a probe into Uber's abrupt withdrawal from the Nigerian market, focusing on the company's obligations to its customers. This investigation follows Uber's announcement of its exit, which has opened doors for rival ride-hailing services to expand in Nigeria.
The Alliance for Economic Research and Ethics highlights the Tinubu administration's efforts in stabilizing Nigeria's economy through significant reforms, including the removal of the petrol subsidy. While these measures have caused temporary hardship, they are seen as necessary steps towards a more resilient economic framework.
