The Central Bank of Nigeria (CBN) has written to all banks in Nigeria to discontinue the use of foreign currencies as collateral...
The continuous downturn at the Nigerian Stock Exchange threatens the much anticipated recovery. EQUITIESTrading activities in the domestic equities market kicked off...
Nigeria is set to receive $1.05 billion from a syndicated loan backed by oil by the end of May to help revive...
The Central Bank of Nigeria (CBN) has again crashed dollar to naira rate by announcing the sales of dollars to Bureau De...
First City Monument Bank (FCMB) has reaffirmed its commitment to sustainable manufacturing that minimizes negative environmental impact while conserving energy and natural...
Nigerian Exchange Group Plc (NGX Group) has announced a significant investment in the Ethiopian Securities Exchange (ESX). The NGX Group, an integrated...
Domestic Macroeceonomy: Electricity Tariff Hike Our focus for this week is on the FG’s decision (through the Nigerian Electricity Regulatory Commission –...
Global Economy According to the recently released data from Eurostat, headline inflation in the Euro area printed below market expectation (+2.6% y/y),...
The benchmark index of the local market declined by 0.27% to close at 103,437.67 points. Selloffs of MTNN (-0.87%), GTCO (-2.04%), and ZENITHBANK (-1.62%) outweighed gains...
No country owes the Fund more money than Argentina, Egypt and Ukraine The total global outstanding debt owed to the IMF stood...