Business

Banks awash with excess cash amidst poverty

Banks awash with excess cash amidst poverty

•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous […]
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Why Meritrade introduced online trading platform

Why Meritrade introduced online trading platform

Meristem Securities Limited, a dealing member of the Nigerian Stock Exchange, NSE, has said it introduced Meritrade online platform for local and international investors to maximise opportunities in the Nigerian stock market.

NAMA instals solar powered airfield lighting

NAMA instals solar powered airfield lighting

Nigerian Airspace Management Agency, NAMA, has completed the installation of solar powered airfield lighting system at Lagos and Port Harcourt international airports