BUSINESSMETRIC

Discover more from Business Metrics. Subscribe now to keep reading and get access to the full archive.

MARKETS AND ECONOMY

Tinubu’s Energy Reforms: Nigeria Has More Refining Capacity But Power Costs Remain High

 President Bola Tinubu’s Independence Day speech described Nigeria as having passed through the difficult phase of economic reform and entering an “age of prosperity”.The energy sector offers perhaps the clearest test of that transition.Three years after President Bola Tinubu announced the end of petrol subsidy, Nigeria’s energy story looks...

NNPC’s Profit Rises 33% To N7.2tn Despite Revenue Decline

  NNPC Limited’s profit after tax rose 33 per cent...

GTCO Announces N1 Interim Dividend For H1 2026

 Guaranty Trust Holding Company Plc (GTCO) has declared an...

Airtel Africa Completes Initial Buyback Tranche With 24.5m Shares Purchased

 Airtel Africa Plc has completed the initial tranche of...

Nigeria’s Budget Must Grow To Match $1trn Economic Ambition — Bagudu

 Nigeria’s national budget must be significantly expanded to match...

GTCO’s H1 Pre-Tax Profit Climbs Marginally To N603bn

 Guaranty Trust Holding Company Plc (GTCO) recorded a marginal...

Court Directs NMDPRA To Allow Three Marketers Import Petrol

 The Federal High Court in Abuja has directed the...

Tech World

FINANCE

Bank Liquidity Jumps 37% To N8.84tn Ahead Of N4.69tn CBN OMO Debit

 Liquidity in Nigeria’s banking system rose 37.01 per cent to N8.84tn ahead of the settlement of the Central Bank of Nigeria’s latest Open Market Operation bills, increasing the amount of cash available to banks and setting the stage for a significant liquidity withdrawal.Market data from AIICO Capital Limited showed...

Pension Industry Targets N300bn Infrastructure Fund By 2027 — PenCom

 Nigeria’s pension industry is targeting N300 billion for an...

FG Raises N6.69bn From September Savings Bond As 3-Year Rate Hits 15.12%

 FG Raises N6.69bn From September Savings Bond As 3-Year...

Access Bank Redeems $500m Eurobond After Five Years

 Access Bank Plc has redeemed its $500m senior unsecured...

307th MPC Meeting: CBN Caught between Inflation and Economy Crying for Credit

 By BLAISE UDUNZEThe Central Bank of Nigeria (CBN) heads...

Trillions Chase Nigerian Debt as Bond Market Opens to Fresh Foreign Demand

bond marketNigeria’s fixed-income market is entering a new phase...

EFCC Warns POS Operators Against Money Laundering

 The Economic and Financial Crimes Commission (EFCC) has warned...

GENERAL NEWS

GCIOBA, ipNX Provide Campus-Wide Fibre Internet At Government College Ibadan

 The Government College Ibadan Old Boys Association (GCIOBA) and...

Ogun, DP World Sign MoUs For $7bn Deep Sea Port, Industrial Zone

 The Ogun State Government and DP World, a global...

NECO Releases 2026 SSCE Results, Reports 64.7% Drop In Malpractice

 The National Examinations Council (NECO) has released the results...

FG Disburses N125bn Education Loans To 1.29m Students — Shettima

 The federal government has disbursed N125 billion in education...

UNILAG, DevReporting Partner for Documentary Screening, Foundation Launch

 The awareness campaign for DevReporting's upcoming 3-in-1 event has...

RuralConnect Summit 2.0: Stakeholders to Examine Why Over 23m Nigerians Remain Offline

 Stakeholders across Nigeria’s telecommunications, technology and infrastructure sectors will...

APRA Wins Africa PR Legacy Award

 The African Public Relations Association (APRA) has been honoured...

media outreach

Travels & Aviation

Appointments & RECOGNITIONS

VIEWPOINTS

307th MPC Meeting: CBN Caught between Inflation and Economy Crying for Credit

 By BLAISE UDUNZEThe Central Bank of Nigeria (CBN) heads into its 307th Monetary Policy Committee meeting this week facing...

ENERGY

MARKET