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Bank Lending to Nigerian Private Sector Falls to N75.24trn in January

Nigeria, March 5 -- According to recent economic and credit data released by the Central Bank of Nigeria, private sector credit fell from N75.83 trillion in December 2025, a decline of about N590 bill... Read More


CBN Pulls N13.41trn From Banking System as Liquidity Tightens

Nigeria, March 5 -- Fresh monetary data released by the Financial Markets Dealers Association indicate that the move coincided with a broad slowdown in money supply and lending across the banking sect... Read More


Nigeria Misses 2026 World Cup Playoff as FIFA Confirms DR Congo Spot

Nigeria, March 5 -- Details released by FIFA show that six countries will compete for the final two places at the expanded 48-team World Cup scheduled to take place in the United States, Canada, and M... Read More


CAF Set to Announce Key Decision on WAFCON 2026 Within 48 Hours

Nigeria, March 5 -- The continental football authority confirmed in a brief update released across its official channels that the subject has been the subject of very serious internal debate in recent... Read More


NGX Rallies 16.6 Percent in February as Oil and Gas Stocks Power Surge

Nigeria, March 2 -- With the best performance since January 2024, the rally marks the third straight month of increases. With more than 36 billion shares traded thus far this year, market activity was... Read More


Super Eagles Four-Nation Tournament Plans Face Fresh Uncertainty

Nigeria, March 2 -- The Nigeria Football Federation had earlier confirmed that the national team would participate in the competition during the March 2026 FIFA international window. Nigeria was sched... Read More


Iran World Cup Hopes Clouded by Rising Tensions With United States

Nigeria, March 2 -- Iran had already qualified for the competition and was grouped with Belgium, New Zealand, and Egypt in Group G, with games set for Los Angeles and Seattle. Taj, nevertheless, claim... Read More


KPMG Sees Nigeria Economy Growing 4.5 Percent on Inflation Relief and FX Stability

Nigeria, March 2 -- Speaking at the KPMG Audit Committee Seminar 2026, Wole Adelokun, Partner for Strategy and Customer Solutions at KPMG West Africa, said the outlook reflects improving macroeconomic... Read More


Oil Prices Slide as US and Iran Talks Ease Supply Tensions

Nigeria, Feb. 27 -- Brent crude slipped to 70.70 dollars per barrel, while U.S. West Texas Intermediate traded at 65.20 dollars in early deals. Both benchmarks are now on course for weekly losses afte... Read More


MTN Nigeria Returns to Profit With N1.7 Trillion Pre-Tax Gain, Declares N20 Dividend

Nigeria, Feb. 27 -- Driven mostly by rising data and fintech sales, the telecom behemoth's audited results indicate revenue increased to N5.20 trillion. Earnings per share increased to N53.07, while p... Read More