Posts By FinIntell
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220Industry & MoneyTariff Hike: Discos Revenue Jumps to ₦887b
Nigeria’s electricity distribution companies have raked in a total sum of N887.86bn as revenue in the first seven months of 2024 following...
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220Local NewsFG Approves ₦820b for Completion of Abuja-Kaduna-Kano, Bodo-Bonny Highways
The federal government has approved over N820 billion for the rehabilitation of the critical Abuja-Kaduna-Kano expressway as well as for the completion...
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226Banking & FinanceHigher Interest Rate Painful for Borrowers but Necessary to Control Inflation –Cardoso
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has described the decision to raise the Monetary Policy Rate (MPR)...
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156Business NewsNew Project to Inject $3b into Gas Sector
Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, has said the Brass Methanol Project’s Gas Sales Purchase Agreement will inject $3 billion...
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153Foreign NewsAsian Equities Advance Ahead of China’s Reopening
Asian stocks advanced, boost by optimism about the health of the US economy and speculation that stimulus will finally kick-start growth in...
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143Foreign NewsOil Prices Dip After Strongest Weekly Rise in Over a Year
Oil prices fell on Monday after posting their steepest weekly rise in over a year last week as oversupply concerns amid softer...
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198Economy & MarketEconomic and Market Report: Week Ended 04-10-2024
Global Economy According to Eurostat, headline inflation in the Euro Area moderated by 40bps to 1.8% y/y in September (August: +2.2% y/y)...
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189Banking & FinanceSubmit FX Compliance Report, CBN Orders Banks
The Central Bank of Nigeria (CBN) has mandated Deposit Money Banks and all other participants in the foreign exchange market to submit...
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46The EntrepreneurFG to Roll out $10b Global Fund for MSMEs –Minister
The federal government has announced that it will soon commence the implementation of the $10 billion global investment fund to boost growth...
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184Stock MarketMarket Breadth Closes Positive
In today’s trading session, the market recouped 47bps of previous losses to close at 97,520.54 points. Investors interest in SEPLAT (+10.00%), GTCO...
