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Day: February 10, 2026

Home Archives for February 10, 2026
Africa’s Undeveloped Mineral Endowment: $8.6 trillion AFC
Posted inBusines

Africa’s Undeveloped Mineral Endowment: $8.6 trillion AFC

According to a new report issued yesterday by the Africa Finance Corporation (AFC), Africa contains an estimated US$29.5 trillion in mine-site mineral value, or around 20% of the world's mineral…
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Posted by Taiwo Ayomide February 10, 2026
Firm Launches New Solar Solutions To Tackle Energy Crisis
Posted inBusines

Firm Launches New Solar Solutions To Tackle Energy Crisis

Ensky Solar and the GenixGreen & Luxwatt Lithium Battery Series are two cutting-edge products that Nigerian original equipment manufacturer (OEM) Kartel Energy Limited has introduced. A significant turning point in…
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Posted by Taiwo Ayomide February 10, 2026
The Liquidity Trap in Nigeria and the Reasons Why Funds Aren’t Getting to Businesses
Posted inBusines

The Liquidity Trap in Nigeria and the Reasons Why Funds Aren’t Getting to Businesses

Today's Guardian Nigeria newspaper stated that "manufacturers face credit squeeze as T-Bills see over 400% demand spike." The Guardian Nigeria also discovered that the real sector is still overcrowded by…
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Posted by Taiwo Ayomide February 10, 2026
According to NERC, just 36% of GenCo’s capacity was available in January.
Posted inBusines

According to NERC, just 36% of GenCo’s capacity was available in January.

According to the Nigerian Electricity Regulatory Commission (NERC), in January, the national system had an average of 4,901 megawatts (MW) of installed capacity, out of 13,625 MW.According to NERC's January…
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Posted by Taiwo Ayomide February 10, 2026
PenCom: Nigerians Can Make Pension Contributions Using Smartphones and USSD
Posted inBusines

PenCom: Nigerians Can Make Pension Contributions Using Smartphones and USSD

Nigerians, particularly those working in the unorganized sector, can now use their smartphones and USSD to pay to their pensions, according to the National Pension Commission (PenCom). The revelation was…
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Posted by Taiwo Ayomide February 10, 2026
As investors gain N1.42 trillion on NGX, bulls begin the week.
Posted inBusines

As investors gain N1.42 trillion on NGX, bulls begin the week.

The market began the week on a positive note, with key performance indicators strengthening. The NGX All-Share Index (ASI) surged by 1.29 percent, adding 2,218.73 basis points to close at…
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Posted by Taiwo Ayomide February 10, 2026
Hope For Lower Interest Rate, Inflation Drop As MPC Meets Next Week
Posted inBusines

Hope For Lower Interest Rate, Inflation Drop As MPC Meets Next Week

The 304th Monetary Policy Committee (MPC) meeting dates have been released by the Central Bank of Nigeria (CBN) at a time when the country's inflation rate has sharply decreased, falling…
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Posted by Taiwo Ayomide February 10, 2026
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