The Central Bank of Nigeria (CBN) has announced the sale of $10,000 to each licensed Bureau De Change (BDC) operator nationwide. This...
Oil prices were slightly higher on Wednesday after industry data showed a surprise drop in U.S. crude stocks last week, a positive...
Electronic payment (e-Payment) transactions in Nigeria witnessed a remarkable surge in the first quarter (Q1) of 2024, hitting a total of N234...
An initiative to incentivise investors in the oil and gas segment of the nation’s economy aimed at attracting $10billion investment, was yesterday...
EQUITIES The domestic stock market reversed yesterday’s gains as profit-taking activities in FBNH (-9.9%), NESTLE (-9.0%) and ZENITHBANK (-5.0%) undermined market performance....
Artificial intelligence (AI) is already having an impact on corporate decision-making. Tech companies, for example, have sacked more than 50,000 people so...
The net foreign exchange (Forex) inflow into the economy increased by 7.3 per cent, year-on-year (YoY) to $33.9 billion in 2023 from...
Since the Central Bank of Nigeria published its circular on bank recapitalisation on 28 March, the NGX Exchange’s bank index has fallen...
EQUITIES The local bourse kicked off the week on a positive note following renewed buying interest in GTCO (+9.6%) and ZENITHBANK (+6.8%)....
Minister of Finance and Coordinating Minister for the Economy, Wale Edun, said the federal government had secured a $2.25 billion single-interest loan...
CBN: IMTO Inflows Increased by 47% to $2.33bn in Six Months
Banks Refund ₦7.05b, $714,569 to Customers –CBN
1.3 million Meters to be Delivered in December –Minister
Govt Unveils New Regulations for Petrol Import Licence
Inflation Increases by 55bps to 32.70% y/y in September
Tech Stocks Rally While Oil, Energy Shares Drop
‘Fair Taxing, Simplification Key to Boosting Compliance’
Number of Fatalities in Electricity-related Cases Rose 47% in Q2 –NERC
Majority of Nigeria’s Oil Pipelines are Obsolete –Minister
Rising Cost Shrinking Profits, Threatening Companies’ Existence –MAN