Latest News
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366Economy & MarketEconomic and Market Report: Week Ended 17-05-2024
Global Economy According to the Bureau of Labor Statistics (BLS), headline inflation in the United States eased by 10bps to 3.4% y/y...
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152Stock MarketNGX All-Share Closes Week Negative
Over the course of the week, TRANSCOHOT (-9.72% w/w), FBNH (-8.20% w/w) and UBA (-17.23% w/w) were the major drags on the...
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1.3KOpinionPre-MPC: Committee to Raise Rate Again
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its third meeting of the year...
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174Foreign NewsEurope Futures, Asian Stocks Echo Wall Street Dip
European stocks headed for an early decline alongside Asian equities as signs of weakness in China and lower US rate cut forecasts...
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242Industry & Money₦20tr Pension Fund Safe –FG
The Federal Government on Thursday denied an allegation that it intended to borrow the N20tn pension fund for infrastructure development. The Minister...
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90Foreign NewsOil Set for Weekly Gain on Signs of Improving Demand
Oil prices gained on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving...
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105Economy & MarketCrypto Exchanges Begin Delisting of Naira on Platforms
Following the directives of the Office of the National Security Adviser and the Securities and Exchange Commission (SEC) that the naira be delisted...
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114Banking & FinanceNDIC Secures Order to Wind Up 96 MFBs, PMBs
The Nigeria Deposit Insurance Corporation (NDIC) has revealed that it has obtained Winding up Orders for 96 out of 183 Micro Finance and...
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197Local NewsTinubu Okays Payment of ₦3.3tr Power Sector Debts
As part of the measures to tackle incessant power outages in the country, President Bola Tinubu has approved the gradual payments of...
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231Business NewsFAAC: FG, States, LGAs Share ₦1.2tr in May
The three tiers of government shared N1.208 trillion as May 2024 revenue disbursement from the Federation Accounts Allocation Committee (FAAC). The figure is...
