Latest News

CBN Rate Cut Puts Pressure on Fixed Income Yields

The Central Bank of Nigeria’s decision to cut its benchmark interest rate to 23 per cent is expected to put further downward...

Business News

FG Plans Nigeria-Libya Gas Pipeline Revival, Opens New LNG Markets

Nigeria has stepped up efforts to unlock new international markets for its vast gas reserves, with a plan to take the proposed...

Money Market

Bonds, Treasury Futures Rise as Oil Extends Slide

Asian bonds rose alongside Treasury futures as oil prices extended their decline after the US signaled progress in diplomatic efforts to end...

Banking & Finance

Credit to Private Sector Hits ₦84.55tr as Government Credit Falls ₦7.7tr

Credit to the private sector rose for the third consecutive month in August, climbing to N84.55 trillion, as lending to government fell...

207

Economy & Market

Headline Inflation Slowed to 15.39% Y/Y in August

Nigeria’s headline inflation moderated by 4bps to 15.39% y/y in August (July: 15.43% y/y). This print came in 2bps above our estimate...

197

Business News

Nigeria, Australia Deepen Mining Skills Pact

Nigeria and Murdoch University, Western Australia, have moved to deepen knowledge transfer and professional training to build a stronger workforce for the...

207

Money Market

Treasury 10-Year Yield Rises Past 5%, Oil Advances

Treasuries edged lower and Asian bonds followed as a rally in oil prices fueled inflation concerns and strengthened bets on a Federal...

116

Agriculture

FG Replaces Planned Cashew Export Ban with Road Map as Growers Eye ₦635b Market

Nigeria’s cashew industry is entering a new phase of policy and investment opportunities after the federal government opted for an industry roadmap...