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Essential Nigeria News

Friday, September 18, 2026 Volume XXIII Breaking News & Latest Updates
Nigeria’s Foreign Reserves Gain $7bn in Eight Months Business

Nigeria’s Foreign Reserves Gain $7bn In Eight Months

 Nigeria’s external reserves have gained $7.09 billion since the beginning of 2026, rising to $52.66 billion as of August 19, according to data from the Central Bank of Nigeria.The latest figure represents a 15.6 per cent increase from the $45.57 billion recorded on January 2, strengthening the...

By Esther August 26, 2026
DLM Tops Money Market Ranking With 20.69% Returns Business

DLM Tops Money Market Ranking With 20.69% Returns

 The DLM Money Market Fund emerged as the best-performing money market fund in July 2026, recording a 20.69 per cent year-to-date return and movi...

4 0
3 weeks ago
Banks Emerge as Key Financiers of $20.5bn Power Gap Business

Banks Emerge As Key Financiers Of $20.5bn Power Gap

 Nigerian banks are increasingly taking on a larger role in financing renewable energy projects as the country seeks to close an estimated $20.5...

4 0
3 weeks ago
CHI Urges Brokers to Drive Insurance Growth After Recapitalisation Business

CHI Urges Brokers To Drive Insurance Growth After Recapitalisation

 Consolidated Hallmark Insurance Limited has urged insurance brokers to play a stronger role in expanding insurance coverage and driving growth a...

5 0
3 weeks ago
Nigeria’s Rate Dilemma Pits Investors Against Manufacturers Business

Nigeria’s Rate Dilemma Pits Investors Against Manufacturers

#Nigeria’s high interest-rate environment is creating a difficult balancing act for policymakers, as tighter monetary conditions help attract investor...

6 0
3 weeks ago