Asian stocks rally on rising US rate cut bets
Asian markets climbed as traders bet on a December Fed rate cut. The rally extended Wall Street gains, boosting assets like Bitcoin. Read the full market analysis.
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Lagos 2026 Budget: Sanwo-Olu Proposes N4.23tr
Governor Babajide Sanwo-Olu presents a N4.237 trillion budget for Lagos in 2026, focusing on infrastructure integration and economic growth for shared prosperity. Discover the key allocations.
CBN Retains 27% Interest Rate to Combat Inflation
Nigeria's Central Bank maintains Monetary Policy Rate at 27% to stabilize prices. MPC keeps tight monetary stance as inflation shows signs of easing. Full details inside.
CBN Retains MPR at 27%, Delays Loan Rate Cuts
Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.
Lagos State Workforce Training Reaches Historic Levels
Lagos State Public Service achieves unprecedented capacity building with 120+ training programs in 2025, transforming workforce efficiency and service delivery across all departments.
Asian Markets Advance on Fed Rate Cut Expectations
Asian markets surge as Federal Reserve officials signal December rate cut. Tech stocks lead rally while weakening labor market shifts Fed focus from inflation concerns.
Lagos Deploys N244.82bn Bond to Key Sectors
Lagos State Government plans to invest N244.82 billion bond proceeds in transportation, housing, healthcare, education and environmental projects to drive sustainable growth across the state.
Asian Markets Rise as US Rate Cut Hopes Soothe Nerves
Asian stocks climbed as renewed US interest rate cut expectations calmed markets after a turbulent week driven by AI bubble fears. Key inflation data due this week.
Oshodi's ITTF re-election excites Nigerian leaders
Wahid Oshodi's re-election as ITTF Executive Vice President celebrated by Governor Sanwo-Olu, Senator Abiru, and sports stakeholders. Recognition of his global sports leadership.
Lagos Commends HEI for Emergency Care Strengthening
Lagos State celebrates Health Emergency Initiative's decade of strengthening emergency care, training 149,000 first responders and supporting 50,000 patients across 16 states.
Fed Officials Resist December Rate Cut Amid Pressure
Federal Reserve minutes reveal most officials oppose December rate cut, creating tension with President Trump who wants lower rates. Key economic data remains uncertain.
Asian markets bounce as Nvidia takes centre stage
Asian markets staged a recovery on Wednesday, November 19, 2025, as all eyes turned to Nvidia's earnings report amidst growing fears of an AI-driven stock market bubble. Discover the key figures and expert analysis.
Man Discovers Hidden Danger Behind His Fence in Nigeria
A Nigerian man's emotional video exposing what he found hidden behind his fence has gone viral on social media. Watch the shocking revelation that has everyone talking!
Lagos postpones Lekki-Ajah road repairs, plans N4.2trn budget
Lagos State Government postpones Lekki-Ajah road rehabilitation, presents N4.237 trillion 2026 budget plan. Assembly rejects nominee, confirms new appointments for key agencies.
FG Pays N10m Interest-Free Loans to Varsity Staff
Federal Government disburses N10 million interest-free loans to tertiary institution staff. Over 9,000 workers receive payments in first batch with 12-month moratorium.
Investor Rush as Insurance Reforms Reshape Market
Nigeria's insurance industry is undergoing a major reset as the NIIRA recapitalisation drive sparks intense investor interest and M&A activity. Discover how this will boost market resilience.
Asian Markets Slump on Tech Bubble, Fed Rate Fears
Asian markets fell as fears over a tech rally bubble and delayed US rate cuts spooked investors. Bitcoin erased its 2025 gains. Discover the market impact.
LASG upgrades water transport with concrete pontoons
Lagos State Government installs modern concrete pontoons at key jetties to enhance water transport safety and comfort under Governor Sanwo-Olu's THEMES+ agenda. Part of €410 million Omi Eko Project.
Lagos Rolls Out Concrete Floating Jetties Statewide
Lagos State is upgrading its water transport with modern concrete floating pontoons at key jetties. This Omi Eko Project initiative aims to boost safety, comfort, and intermodal connectivity for commuters.
Nigerian banks post N14.7tn interest income
Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.
CBN Rate Hikes Boost Fixed Income Demand in Nigeria
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
No New Tax on Nigerian Savings - Analyst Clarifies
Financial analyst Omowunmi Samuel clarifies FIRS is not taxing savings, only interest income. Learn the facts about Nigeria's tax policy and avoid misinformation.
Stocks Struggle on US Rates, Tech Rally Fears
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
No New Tax on Nigerian Savings - Expert Explains
Financial analyst Omowunmi Samuel clarifies Nigeria is not introducing new taxes on savings. FIRS only enforcing existing law on investment interest. Get the facts now!
Asian Markets Fall on Fed Rate, Tech Worries
Asian markets declined, mirroring Wall Street's selloff amid uncertainty over the Federal Reserve's December rate decision and growing speculation of a tech bubble.
New Bank Lending Rates Released by CBN for 2025
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Lagos Cuts Food Prices 25% for Christmas
Lagos State introduces 25% subsidy on rice, beans, garri and other essentials ahead of Christmas. Governor Sanwo-Olu's initiative aims to ease cost of living during festive season.
Islamic Banks in Nigeria Increase to Five with New Entry
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
Sanwo-Olu to Speak at Arewa Think Tank Event
Lagos Governor Babajide Sanwo-Olu will deliver a keynote lecture at Arewa House Kaduna on Nigeria's 65th independence anniversary. President Tinubu to attend as Special Guest of Honour.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
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