Business Daily NG: Breaking Business News Everyday https://validator.w3.org/feed/docs/rss2.html MREIF disburses N128 billion in mortgage financing to 1,859 families across 25 states NATEP develops innovative financing framework to boost talent export and workforce growth NGX loses N1.81 trillion as equities market opens June with 1.13% decline under new T+1 settlement regime DMO opens June 2026 FGN Savings Bond with returns of up to 14.777% per annum Nigeria Adopts T+1 Settlement Cycle as Capital Market Aligns With Global Standards Nigeria’s Economy Remains on Gradual Recovery Path Despite Structural Challenges, CPPE Says Nigerian Stocks Show Signs of Market Fatigue as Rally Enters Critical Phase FG Spending Falls 41.57% Below Budget Target in Q3 2025 Amid Rising Debt Pressure Lagos food prices rise again in May 2026 as transport costs reverse April relief Southern Nigeria Startup Ecosystem Grows to 304 Companies as Funding Rises to $10.23 Million Banks’ Bad Loan Ratio Climbs to 8.03% as CBN Forbearance Exit Continues to Impact Asset Quality Nigeria’s average petrol price rises to N1,532.93/litre in April 2026 — NBS CBN postpones mandatory PoS geo-fencing enforcement to August 1, 2026 States and companies in court disputes with Nigeria’s tax agency Nigeria spent over 67% of revenue on debt servicing in first nine months of 2025 Northern Nigeria Flour Mills Profit Crashes 96% to N112.7 Million Amid Weak Sales, Rising Finance Costs Nigeria Signs $7 Billion Aviation Pact With AfDB to Drive Sector Reforms and Infrastructure Growth Nigeria’s 3.89% Q1 2026 GDP Growth and What It Signals for the Stock Market First HoldCo shareholders approve N253.1 billion capital raise Tinubu’s Economic Reforms Mark Three Years: Stronger Revenues, Rising Debt, and Persistent Cost-of-Living Pressures CBN holds MPR at 26.5%: What it means for commercial papers and corporate funding Retail lending declines in January 2026 amid tighter liquidity and high interest rates UNCTAD: Global renewable energy transition will require over $1 trillion yearly by 2030 FUGAZ banks’ UK subsidiaries post combined N399.2 billion pre-tax profit in 2025 Abbey Mortgage Bank shareholders approve N164.5 billion capital raise to support regional banking transition Nigeria cancels $717.7 million World Bank power sector funding amid electricity reform challenges Aviation expert says Nigeria’s reforms improving investor confidence but leasing activity still limited Moniepoint announces N3 billion investment to build innovation hubs in three Nigerian universities Nigeria’s oil sector contributes 3.92% to GDP in Q1 2026 despite stronger growth Nigeria Launches New Air Cargo Corridor with RwandAir to Boost Exports Across Africa Nigeria’s Non-Oil Sector Drives GDP Growth as Agriculture Rebounds Strongly in Q1 2026 CBN’s Interest Rate Hold Reshapes Investment Outlook Across Nigeria’s Financial Markets Wema Bank targets tier-one status as profitability triples in three years — Moruf Oseni Moniepoint CEO: Next growth phase for Nigeria’s payments sector lies in credit built on payment infrastructure CBN Allots N829.32bn in Treasury Bills as Investors Swamp One-Year Paper with N1.99tn Demand Otedola Eyes $100 Million Stake in Dangote Refinery IPO as Industrial Listing Plans Gather Momentum China’s Solar Panel Exports to Africa Jump 83% as Renewable Energy Demand Surges Nigeria Launches AI Platform ‘GovGuideNigeria’ to Simplify Access to Government Services FCCPC seals two Abuja real estate firms over alleged consumer refund, property disputes CBN’s 26.5% Interest Rate Hold Reshapes Investment Strategy for Mutual Funds and Pension Managers Crude Oil Exports Push Nigeria-UK Trade to £7.6 Billion in 2025 Rising logistics, energy costs pushing Nigerian MSMEs out of export market – Report Nigeria’s external reserves rise to $49.49 billion as CBN cites stronger investor confidence CBN retains interest rate at 26.5% as MPC adopts cautious stance on inflation Naira Strengthens Against British Pound Amid UK Political Uncertainty and CBN FX Interventions Webinar Insights on Strengthening Third-Party Motor Insurance Adoption in Nigeria BOI Secures $200 Million AfDB Facility to Boost Nigeria’s Industrial Growth and SME Financing Nigeria Expands Port Infrastructure to Become West Africa’s Leading Maritime and Logistics Hub FG Pledges Transparent, Citizen-Focused Tax System Under Renewed Hope Agenda Home