Latest News
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115Foreign NewsShifting Fed Views Boost Yields, Weigh on Stocks
A selloff in global bonds resumed, weighing on Asian shares as risk appetite stayed subdued given the prospect of less aggressive Federal...
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112Foreign NewsOil Slips on Higher US Crude Stockpiles
Oil prices dipped on Wednesday after industry data showed U.S. crude inventories swelled more than expected, though declines were capped as the...
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76Local NewsFCCPC Engages DisCos on Replacement of Phased-out Metres
The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed that it is partnering with stakeholders to address the ongoing concerns regarding...
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203Stock MarketStock Market Sustains Positive Momentum as ASI Up 0.2%
In today’s trading session, bullish sentiment was sustained as the ASI and market capitalisation gained 20bps to settle at 98,892.58 points and...
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202Banking & FinanceRecapitalisation: Investors’ Verification Stalls Bank Shares Allotment
As the initial phase of capital raising activities concludes, financial analysts have attributed the delay in the allotment of shares to the...
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78Money MarketNigeria Loses ₦13tr to Forex Subsidy –World Bank
The Federal Government incurred a significant loss of N13.2tn in foregone revenue as a direct consequence of the implementation of its foreign...
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190Industry & MoneyNigeria, USA Annual Trade Hits $10b –Official
The Consul-General of the United States Consulate in Lagos, Nigeria, Will Stevens, has said that Nigeria and the US have a $10bn...
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87Business NewsNUPRC Blocks Shell’s $2.4b Asset Sale, Approves $1.2b Exxon-Seplat Deal
Nigeria has blocked Shell’s sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, Nigeria...
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142Banking & FinanceFG Records Tax Revenue Windfall, Banks’ Tax Rises 109.6%
There are indications that the Federal Government (FG) is having great times in its finances as its revenue from Value Added Tax (VAT)...
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140Economy & MarketSEC Tasks Stakeholders on Regulatory Framework to Align with FATF
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has called on capital market stakeholders to adapt to regulatory...
