Latest News
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42Foreign NewsOil Inches Up on Tighter Supply Risks; Views Mixed on Trump Auto Tariffs Impact
Oil prices edged up on Thursday on concerns about tighter global supply after U.S. tariff threats on Venezuelan oil buyers and earlier...
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40Banking & FinanceCBN Strengthens FX Market Surveillance
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has emphasised the bank’s commitment to intensified surveillance of the foreign exchange (FX)...
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13Money MarketNigeria’s Sukuk Raises ₦1.09tr for Infrastructure Projects
The federal government has, through the Sovereign Sukuk Bond which debuted in 2017, successfully raised N1.09 trillion, the Debt Management Office (DMO)...
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4Stock MarketBearish Outing at the Exchange as ASI down 0.1%
EQUITIES Bearish sentiments resurfaced in the Nigerian equities market, halting a three-day winning streak, as sell-offs in MTNN (-2.7%) and ZENITHBANK (-1.1%)...
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75Stock MarketStocks Trade in Tight Range, US Copper Hits Record
Asian stocks traded in a tight range Wednesday as investors searched for a clear direction amid weaker US consumer confidence and uncertainty...
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69Banking & FinanceNigeria’s Digital Payments, Others to Hit $1.5tr –Report
The digital payments economy in Nigeria and other African countries is projected to hit $1.5tn by the end of this decade, driven...
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68Banking & FinanceFed Govt Okays Lagos International Financial Centre
The Federal Government has approved the establishment of the Lagos International Financial Centre (IFC) as part of efforts to position Nigeria as...
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64Banking & FinanceCBN Plans Fresh Battle Against Forex Speculators as Naira Slides
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank remains resolute in its commitment to maintaining order...
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23MartimeForeign Trade Through Maritime Rose 91% to ₦130.8tr
Foreign trade through maritime transport rose by 91 percent, Year-on-Year, YoY to N130.75 trillion in 2024 from N68.44 trillion in 2023. Vanguard...
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21Industry & MoneyDiscos Rake in ₦509b Amidst Serial Grid Collapses
Electricity consumers paid a total of N509.84bn in the fourth quarter of 2024 despite enduring five grid collapses within the same period,...
