Latest News
-
222Banking & FinanceCBN Demands Transaction Evidence on All Divestments, Repatriation of Foreign Investments
The Central Bank of Nigeria (CBN), yesterday clarified that every divestment or repatriation of foreign investment, be it a pre-liquidation or matured...
-
218Stock MarketBulls Tighten Grip on the Bourse
EQUITIES The local bourse extended yesterday’s bullish performance as bargain hunting in MTNN (+10.0%) drove the benchmark index 1.0% higher. Thus, the All-Share...
-
200Foreign NewsEuropean Futures Slip Before US Data, Dollar Falls
European stock futures fell on a bumpy day for Asia, as investors weigh the risks to global markets after a volatile week...
-
221Money MarketSEC to Outline Agenda for Capital Market at CMC Meeting
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, is set to outline the Commission’s vision for the Nigerian...
-
294Industry & MoneySenate Queries $1.5b Spent On Port Harcourt Refinery
Amid pervasive allegations of sabotage in the petroleum industry, the Senate has raised questions over the $1.5 billion approved in 2021 for...
-
199Economy & MarketFuel Imports Gulp ₦2tr Monthly –FG
President Bola Tinubu has disclosed that the country spends N2tn monthly to import petrol and diesel. Tinubu stated this during his recent...
-
243Local News151 Companies Apply for CREDICORP’s Consumer Credit
Sequel to the success on its recent Expression of Interest (EOI) campaign for financial institutions, the recently established Nigeria Consumer Credit Corporation...
-
237AgricultureFood Security: NIRSAL Empowers 2,000 Farmers in 4 States
To boost food security in Nigeria, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc recently concluded a comprehensive midyear...
-
184Banking & FinanceCBN Sells $876.26m to 26 Banks in Latest Retail Dutch Auction
In a decisive effort to ease the strain on Nigeria’s foreign exchange market and enhance transparency in pricing, the Central Bank of...
-
264Money MarketStock Market Reverses Losses
EQUITIES The domestic stock market reversed yesterday’s losses as buying interests in OANDO (+10.0%) and FBNH (+4.6%) underpinned market’s performance. As a...
