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Nigeria’s domestic debt-service payments fell by about N1 trillion to N2.14 trillion in the second quarter of 2026, from N3.14 trillion in the first quarter. The post Nigeria’s domestic debt service falls N1 trillion to N2.14 trillion in Q2 2026…
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Nigerian stocks achieved a record-breaking multi-year bull market, with the benchmark All-Share Index (ASI) remaining above the all-time high threshold of over 252,000 points. This trend reflects substantial year-to-date and multi-month gains. The post Nigerian stocks show overbought signals but…
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Nigerian-born data and artificial intelligence (AI) leader, Abel Aboh has been named among 100 people recognised in the Foundever AI 100 UK 2026 list for their work in putting AI to practical use across the United Kingdom. The post Nigerian…
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Nigeria’s smartphone ownership has risen to 75% as mobile devices become increasingly central to how Nigerians access digital services. The post Nigeria’s smartphone ownership rises to 75% as digital use expands – Report appeared first on Nairametrics.
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Turnover on the Nigerian Foreign Exchange Market (NFEM) fell 17.7% week-on-week to $2.25 billion in the week ended September 25, 2026, extending the market’s decline for a second consecutive week. The post NFEM turnover falls 17.7% to $2.25 billion as…
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Nigeria paid $870.73 million to service its external debt in the second quarter of 2026, with interest payments accounting for more than half of the total. The post Nigeria’s external debt service falls to $870.7 million in Q2 2026 appeared…
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Nigeria’s total public debt stock rose to N166.79 trillion as of June 30, 2026, with domestic debt accounting for N91.59 trillion, or 54.91% of the total portfolio. The post Nigeria’s public debt rises to N166.79 trillion in Q2 2026 appeared…
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FCMB Group Plc has notified the Nigerian Exchange Limited (NGX), shareholders and the investing public of a potential delay in the release of its nine-month unaudited financial statements for the period ended September 30, 2026. The post FCMB Group extends…
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The Central Bank of Nigeria (CBN) has raised questions over the growing use of “pay small small” schemes by non-bank businesses to offer credit to customers. The post CBN raises regulatory questions over non-banks offering instalment credit appeared first on…
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Leading financial institution, Fidelity Bank Plc, has announced the promotion of 433 employees through its 2026 Promotion and Notch Award Exercise. Approximately 13 per cent of the Bank’s workforce benefited from the exercise, reflecting a steady increase from the 12…
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