Latest News
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149Banking & FinanceHigher Interest Rate Painful for Borrowers but Necessary to Control Inflation –Cardoso
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has described the decision to raise the Monetary Policy Rate (MPR)...
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108Business NewsNew Project to Inject $3b into Gas Sector
Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, has said the Brass Methanol Project’s Gas Sales Purchase Agreement will inject $3 billion...
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111Foreign NewsAsian Equities Advance Ahead of China’s Reopening
Asian stocks advanced, boost by optimism about the health of the US economy and speculation that stimulus will finally kick-start growth in...
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100Foreign NewsOil Prices Dip After Strongest Weekly Rise in Over a Year
Oil prices fell on Monday after posting their steepest weekly rise in over a year last week as oversupply concerns amid softer...
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148Economy & MarketEconomic and Market Report: Week Ended 04-10-2024
Global Economy According to Eurostat, headline inflation in the Euro Area moderated by 40bps to 1.8% y/y in September (August: +2.2% y/y)...
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129Banking & FinanceSubmit FX Compliance Report, CBN Orders Banks
The Central Bank of Nigeria (CBN) has mandated Deposit Money Banks and all other participants in the foreign exchange market to submit...
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129Stock MarketMarket Breadth Closes Positive
In today’s trading session, the market recouped 47bps of previous losses to close at 97,520.54 points. Investors interest in SEPLAT (+10.00%), GTCO...
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279Banking & FinanceCBN, FMDA Okay New Forex Plan to Reduce Speculations
The Central Bank of Nigeria (CBN) has approved a new forex plan that will allow it collaborate with Financial Markets Dealers Association...
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396Leadership & ManagementTinubu Transmits Four Tax Reform Bills to National Assembly
Four Bills aimed at reforming the nation’s tax regime were yesterday transmitted to both chambers of the National Assembly by the president....
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165Banking & FinanceWithholding Tax Regulations Active Until December –FIRS
The Federal Inland Revenue Service has said that the current Withholding Tax regime will remain effective until December 31, 2024. This is...
