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- Biz & Economy
- November 10, 2025
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NDIC strengthens legal powers to tackle bank failures, prosecute offenders
The Nigeria Deposit Insurance Corporation (NDIC) says its legal and regulatory framework has been significantly strengthened to enhance its capacity to liquidate failed banks and hold those responsible for financial institution collapses accountable. The post NDIC strengthens legal powers to tackle bank failures, prosecute offenders appeared first on Nairametrics.
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- November 10, 2025
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Trump shocks Nigeria, Markets panic, Eurobond triumph, FUGAZ earnings
In this episode of Drinks & Mics, host Ugodre returns after an official trip, bringing fresh insights into the latest financial happenings. He is joined by cohost Tunji, alongside special guest Samson Esemuede, as they break down the biggest stories shaking the Nigerian markets. The conversation begins with the US trade relationship with China, touching on Trump’s negotiation approach, tariffs, and exchange rate […] The post Trump shocks Nigeria, Markets panic, Eurobond triumph, FUGAZ earnings appeared first on Nairametrics.
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- November 10, 2025
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Capital Gains Tax: Analysts fear asset sell-off by investors as FG focuses on revenue
Analysts have suggested that the newly introduced Capital Gains Tax (CGT), which is expected to take effect from January 1, 2026, will negatively impact investments and the macroeconomic stability of the country. The post Capital Gains Tax: Analysts fear asset sell-off by investors as FG focuses on revenue appeared first on Nairametrics.
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- Biz & Economy
- November 10, 2025
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GTCO, CAP, AIICO top stock pick this week
This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. The post GTCO, CAP, AIICO top stock pick this week appeared first on Premium Times Nigeria.
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- November 10, 2025
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Eko Disco confirms Rekhiat Momoh as Managing Director
Eko Electricity Distribution Company (Eko Disco) has officially confirmed Mrs. Rekhiat Momoh as its new Managing Director and Chief Executive Officer, solidifying her position after months in an acting capacity. The appointment shows the company’s focus on strengthening leadership as it continues to navigate Nigeria’s evolving power sector. In March 2024, Nairametrics reported that the Board of Eko […] The post Eko Disco confirms Rekhiat Momoh as Managing Director appeared first on Nairametrics.
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- November 10, 2025
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Food prices fall as Abuja residents battle low purchasing power
Despite the recent decline in food inflation across Nigeria, many residents of the Federal Capital Territory (FCT), Abuja, say they are yet to feel any real relief in their daily lives. They insist that while prices of certain food items have slightly dropped, the impact on household budgets remains insignificant due to low purchasing power and stagnant […] The post Food prices fall as Abuja residents battle low purchasing power appeared first on Nairametrics.
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- November 10, 2025
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Seplat’s upstream assets power growth: But how is its financing managed?
Seplat Energy Plc has reported one of its strongest performances to date, with revenue surging 213% YoY to N3.36 trillion in the first nine months of 2025 more than the company’s total revenue between 2020 and 2024 combined. The growth was fuelled by the integration of Mobil Producing Nigeria Unlimited (MPNU) offshore assets, which boosted output and cemented Seplat’s position as one of West Africa’s […] The post Seplat’s upstream assets power growth: But how is its financing managed? appeared first on Nairametrics.
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- November 10, 2025
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Protest stops opening of $25 million museum of West African Art in Benin City
Protesters targeted the newly built Museum of West African Art (MOWAA) in Benin City, Edo State, on Sunday, forcing organizers to halt a preview event ahead of the museum’s grand opening scheduled for Tuesday. The post Protest stops opening of $25 million museum of West African Art in Benin City appeared first on Nairametrics.
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- November 10, 2025
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NDLEA arrests UK-fugitive Yussuf Azeez, recovers 148.3kg illicit drugs in Lekki lab
The National Drug Law Enforcement Agency (NDLEA) has arrested 40-year-old Yussuf Abayomi Azeez, a wanted UK-fugitive, at Murtala Mohammed International Airport, Ikeja, Lagos. The post NDLEA arrests UK-fugitive Yussuf Azeez, recovers 148.3kg illicit drugs in Lekki lab appeared first on Nairametrics.
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- November 10, 2025
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Receivership: AMCON moves to freeze GHL bank accounts, writes Nigerian financial institutions
The Asset Management Corporation of Nigeria (AMCON), in its bid to freeze the bank accounts of General Hydrocarbons Limited, over alleged debt following receivership, has written thirty-four financial institutions in the country in that regard. The post Receivership: AMCON moves to freeze GHL bank accounts, writes Nigerian financial institutions appeared first on Nairametrics.
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