…Risk, not size, now defines bank strength in Nigeria, Says Cardoso Nigeria’s Central Bank has signalled a tougher regulatory stance on lenders following the completion of a sweeping recapitalisation exercise, as it moves to reinforce corporate governance, restore investor confidence and safeguard financial system stability. Speaking at the Chartered Institute of Directors Nigeria’s induction ceremony
When Donald Trump enjoyed a narrow victory in the United States’ 2024 election, the economy was cited, in many polls, as a key factor. And many voters, frustrated over inflation, were willing to give Trump a second chance as president. But according to i Paper reporter Kieron Monks, the very thing that propelled Trump to
Thursday 30 April 2026 5:30 am | Updated: Wednesday 29 April 2026 12:07 pm The Bank’s next interest rates decision could spook markets. City analysts are eagerly anticipating a “highly uncertain” Bank of England decision on interest rates that could swing prices in either direction. The Bank’s Monetary Policy Committee is widely expected to hold
On a humid Friday evening in Lekki, a young professional stands in the aisle of a neighbourhood store, scanning labels with unusual care. She picks up a jar of peanut butter. Puts it back. Reaches for another – this one locally made, with a simpler label, a slightly lower price. Into the basket it goes.
President Donald Trump’s Iran war has spiraled into a global economic disaster, and despite his claims, the “myth” that he is acting strategically is fading fast. A new breakdown from MS NOW revealed the three “reality checks” that the president will need to accept to even have the hope of fixing his own mess. Writing
Wednesday 29 April 2026 5:49 am | Updated: Tuesday 28 April 2026 6:09 pm Rachel Reeves has been flirting with rent controls. Carl Court/PA Wire For just under 24 hours the residential landlord sector was seized by panic following reports that first appeared on Monday night that the Chancellor was preparing to impose a ‘temporary’
Nigeria’s revised 2026 tariff framework is set to reshape the country’s import bill, with industrial, food, and transport-related sectors emerging as the primary beneficiaries of sweeping duty reductions, while manufactured goods face tighter protection under a contrasting increase in tariffs. A report by the Financial Market Dealers Association (FMDA) shows that the new tariff regime
Major economists, from former New York Times columnist Paul Krugman to Justin Wolfers at the University of Michigan, are warning that the longer U.S. President Donald Trump’s war with Iran drags on, the harder it will hit American consumers. According to Krugman, higher oil prices will make a wide range of goods more expensive —
Tuesday 28 April 2026 12:02 am | Updated: Monday 27 April 2026 5:28 pm Reeves left just £9.9bn in headroom after her first Budget. A Labour peer has urged Chancellor Rachel Reeves to avoid using her larger fiscal headroom as a “piggy bank” to fund extra government spending increases. A report by senior House of
Nigeria’s Eurobond market extended its bullish momentum this week, with average yields declining by 6 basis points to 6.89 percent from 6.96 percent, as renewed investor demand lifted prices across maturities. The drop in yields signals a strengthening appetite for Nigerian sovereign debt in the international market, as investors increased purchases of existing bonds, pushing
