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 […]
Business, Professional Ethics on the Economic Growth in Nigeria
IN the course of my work as Commissioner for Lagos State Ministry of Establishments, Training, and Pensions, I have come to appreciate, more than ever before, the importance of business and professional ethics for both economic growth and other important aspects of development.
NAICOM targets 15 other insurance companies for IBAI
National Insurance Commission, NAICOM, said it is targeting 15 more companies for the Index-Base Agriculture Insurance, IBAI.
Nigeria to export 1m barrels of first oil from $16bn Egina project in January, 2019
There are indications that the coming on stream of the $16 billion Egina project will enhance the revenue profile of Nigeria and other stakeholders as plans have been concluded to export one million barrels in January, 2019.
Nigeria ranks low in insurance penetration in Africa – Oni
Nigeria’s insurance penetration of 0.4 percent has been described as one of the lowest in Africa.
Why we projected 25% returns for stock market this year — Capital Bancorp analyst
Mr. Victor Chiazor, analyst at Capital Bancorp Plc, in this interview speaks on issues that will influence the Nigerian stock market, interest rate and the economy in general in 2018
