Latest News
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325Money MarketTreasury Bills: Bullish Trend Continues as Average Yield Dips
The Nigerian Treasury Bills (NT-Bills) market had a mixed performance last week, starting bullish with declining yields across most maturities. Post-auction, bearish...
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142Business NewsNigeria’s FX Reserve Rises to $32.8b after 10-week Slump
After a 10-week dip of $1.8bn, Nigeria’s foreign exchange reserve has shown a steady increase over the past six days, indicating a...
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397Industry & MoneyUK Attracts $85m Investment into Nigeria’s Manufacturing Sector
The government of the United Kingdom (UK) has helped to attract $85 million investment into Nigeria’s manufacturing sector through its Manufacturing Africa...
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386Industry & MoneyNigeria’s GDP Per Capita to Hit $1,120.67 by 2029 –IMF
Nigeria’s Gross Domestic Product per capita is expected to reach $1,120.67 by 2029, according to the International Monetary Fund. The IMF data...
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169Local NewsStates Work on Total Electricity Subsidy Removal, New Tariff
State governments are getting set to eliminate electricity subsidies in their territories as more states gear up to join others in running...
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155Industry & MoneyNigeria’s Trade Surplus Rose to ₦6.52tr in Q1 –NBS
Nigeria’s foreign trade statistics report for Q1 2024 reveals a substantial trade surplus of N6.52 trillion, primarily driven by significant export growth....
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151Local NewsNUPRC Examines 26 Oil Assets’ Divestment to Local Firms
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is auditing potentiality, including, both technical and financial standings of local oil firms currently itching...
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236Economy & MarketCurrency in Circulation Hit All-time High at ₦3.97tr
Despite the Central Bank of Nigeria (CBN) monetary policy tightening, Nigeria’s currency in circulation surged to an all-time high of N3.97 trillion...
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148Foreign NewsOil Climbs on Hopes of Summer Fuel Demand
Oil prices edged up on Monday, aided by hopes of rising fuel demand this summer despite being weighed down by a firmer...
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130Foreign NewsEuro Sinks, Stocks to Drop on EU Vote Outcome
The euro fell to its lowest in a month after French President Emmanuel Macron called a snap vote in the wake of...
