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Nairametrics is Nigeriaโ€™s leading financial information hub, offering up-to-date news, analysis, and insights on business, financial markets, and the economy. Our mission is clear: to empower our audience by creating wealth through information.

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NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/27/2025, 6:01:01 AM

Breakfast Stories Financial institutions in Nigeria lost N52.26 billion to fraud in 2024 according to the latest report by the Nigeria Inter-Bank Settlement System (NIBSS https://nairametrics.com/2025/02/26/nigerias-financial-sector-suffers-n52-26-billion-loss-to-fraud-in-2024-nibss-report/ The Nigerian oil refining sector recorded a significant expansion in the fourth quarter of 2024, marking the first quarterly growth in five years. https://nairametrics.com/2025/02/26/nigerias-oil-refining-sector-sees-first-quarterly-growth-in-5-years-driven-by-dangote-refinery/ The Federal Mortgage Bank of Nigeria (FMBN) recorded a historic N103 billion collection for the National Housing Fund (NHF) in 2024, marking the highest in the bankโ€™s history. https://nairametrics.com/2025/02/26/federal-mortgage-bank-of-nigeria-records-n103-billion-national-housing-fund-collection-in-2024/ The National Agency for Foods, Drugs Administration and Control NAFDAC has called for death penalties and life sentences for individuals involved in counterfeit and illicit drugs peddlers in Nigeria https://nairametrics.com/2025/02/26/nafdac-dg-seeks-death-penalty-life-sentences-for-drug-peddlers-in-nigeria/ Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N890 to N825 per litre, effective February 27, 2025. https://nairametrics.com/2025/02/26/again-dangote-refinery-slashes-petrol-price-by-n65-ahead-of-ramadan/ Aircraft navigation system disruptions, including signal interruptions, jamming, and GPS spoofing incidents, surged by 175% in 2024. https://nairametrics.com/2025/02/26/aircraft-navigation-system-disruptions-surge-by-175-in-2024-iata/ Caverton Offshore Support Group Plc has announced a joint venture involving the Nigerian National Petroleum Corporation (NNPC) Shipping, Stena Bulk, and its subsidiary, Caverton Marine Limited, which aims to enhance maritime transportation in Nigeria. https://nairametrics.com/2025/02/26/caverton-announces-joint-venture-with-nnpcs-stena-bulk-reveals-foreseeable-benefits/

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NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/26/2025, 9:01:46 PM

๐Ÿ˜–Nigeria's housing sector faces significant challenges due to landlords'arrogance and ineffective policies.๐Ÿช‘๐Ÿ’ธ ๐Ÿค”Should housing policies be enforced to fix this? Watch the full video to learn more: Watch Now๐Ÿ‘‡๐Ÿป https://youtu.be/-zuE_foAyJk

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NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/27/2025, 9:59:11 AM

Whatโ€™s your biggest struggle with renting in Nigeria?

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NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/27/2025, 8:00:19 AM

Fraudsters steal over N1 billion through BVN registered for minors โ€“ NIBSS Fraudsters exploited vulnerabilities in Nigeriaโ€™s banking system to steal over N1 billion through Bank Verification Numbers (BVNs) illegally registered minors. This is according to a new report by the Nigeria Inter-Bank Settlement System (NIBSS) on recent fraud trends in the country. The report highlights a growing trend of financial fraud, with compromised bank officials and agents illegally registering BVNs for minors and using them to open enterprise accounts through which fraudulent transactions were carried out. How the fraud was executed Read More ๐Ÿ‘‡ https://nairametrics.com/2025/02/27/fraudsters-steal-over-n1-billion-through-bvn-registered-for-minors-nibss/

๐Ÿ˜‚ ๐Ÿ‘ ๐Ÿ˜ฎ ๐Ÿ™ ๐Ÿค” 6
NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/26/2025, 5:10:00 PM

These Founders Are Redefining Luxury Dining in Lagos! From world-class cuisine to elite dining experiences, they are raising the bar for upscale restaurants. ๐Ÿฝโœจ . . . . Missed the last episode of The Novice Podcast ๐Ÿคจ ๐Ÿซต๐ŸปCatch up https://youtu.be/IttZKQv9_uU?si=CL9-3Ku_8MjXs4K1

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NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/27/2025, 9:12:04 AM

๐Ÿ˜ฑ Individuals in the diaspora are reshaping our real estate market๐Ÿ‡ณ๐Ÿ‡ฌ. Their investments are driving up property prices, making it harder for locals to afford homes. And Developers are catering to this demand.๐Ÿ˜– Want to understand how this affects YOU and the future of housing in Nigeria? Watch the full video here๐Ÿ‘‡๐Ÿป https://youtu.be/-zuE_foAyJk

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NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/27/2025, 12:45:13 PM

Join us on X Spaces as we discuss into The Business of Illicit Drugs: Measuring NDLEA's Gains and Gaps So Far. ๐Ÿ—“ Thursday, Feb 27, 2024 โฐ 6:00 PM ๐ŸŽ™ Special Guest: Femi Babafemi, Director of Media, NDLEA ๐Ÿซต Set a reminder & be part of the conversation! https://x.com/i/spaces/1BdGYqpjXOYGX

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NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/27/2025, 11:30:42 AM

Daily Currency exchange rates update THURSDAY, 27TH FEBRUARY

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NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/26/2025, 5:12:02 PM

What's more important when dining at an upscale restaurant๐Ÿค”?

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NAIRAMETRICS LIVE UPDATES
NAIRAMETRICS LIVE UPDATES
2/26/2025, 4:21:37 PM

๐Ÿ“Š Daily Top Traded Stock Highlights ๐Ÿ“Š (26TH, FEB 2025) For more expert market analysis and stock insights, follow @nairametrics

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