Latest News
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94Money MarketFGN Bond: Cautious Sentiment Dominates Market Performance
The domestic FGN Bonds secondary market opened last week on a subdued note, as cautious sentiment prevailed across most maturities. Market performance...
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85Money MarketTreasury Bills: Market Sees Bullish Sentiment
The Nigerian Treasury Bills (NTB) secondary market experienced bullish sentiment last week, as heightened system liquidity and investor positioning shaped trading activity....
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236Telecoms & ITTelcos Await NCC Guidelines on 50% Tariff Hike
Telecommunications operators are awaiting detailed guidelines from the Nigerian Communications Commission to outline the specifics and framework required for implementing the controversial...
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113Agriculture$1.8b Allocated for Food Imports in Nine Months –CBN
The Central Bank of Nigeria allocated $1.87bn for food imports in the first nine months of 2024, representing a $235.11m increase compared...
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94Banking & FinanceForex Spending on Foreign Education, Health Defy Naira Depreciation
Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per...
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122Industry & Money‘CNG, Electric Cars Attract $700m Investment’
The Federal Government has said that about $700m in investment was made in Compressed Natural Gas and electric vehicles last year. The...
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69Stock MarketAsian Stocks Gain as DeepSeek Fuels China AI Rally
Asian shares rose partly on optimism about artificial intelligence in China, defying broader market caution after a last-minute deal reversed Donald Trump’s...
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105Economy & MarketHyperinflationary Economy, IAS 29 Reporting Not Applicable to Nigeria –FRC
The Financial Reporting Council (FRC) has explained that Nigeria has not gotten to the point of hyperinflationary economy, adding that International Accounting Standards,...
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65Banking & FinancePenCom Releases Additional ₦22b for Pension’s Settlement
The National Pension Commission (PenCom) said Office of the Accountant General of the Federation (OAGF) has released an additional N22 billion as part...
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59Economy & MarketFood Prices Surge by 91.6% in 1 Year –NBS
Latest report from the National Bureau of Statistics (NBS) has revealed that average prices of food across Nigeria skyrocketed from N2,862.14 in November...
