The Central Bank of Nigeria (CBN) has revoked the operating licence of Heritage Bank with immediate effect. CBN’s Acting Director, Corporate Communications,...
Nigeria’s macroeconomic story for 2024 continued to unfold in May. In this edition of our monthly macroeconomic review, we spotlight April’s Consumer...
Global Economy According to the United States Department of Labor, the initial jobless claims in the US increased by 3,000 to 219,000...
This week, the local bourse snapped out of the three consecutive weekly losses with a perfect trading week, as it closed 1.73%...
The Fiscal Responsibility Commission (FRC) generated N1.7 trillion in revenue for the government in 2023 as against N1.4 trillion raised in 2022....
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an exchange rate of N800 per dollar Customs import duty rate for...
The federal government has secured a $500 million loan from the World Bank to fund electricity Distribution Companies (DisCos). According to the Bureau...
After over two years of administrative and bureaucratic delays, the Nigerian National Petroleum Company Limited (NNPC Ltd) has finally signed a settlement agreement...
Minister of State, Petroleum (Oil), Heineken Lokpobiri, has attempted to clear the doubts expressed by oil and gas operators, economists, as well...
EQUITIES The bulls continued to dominate activities in the domestic bourse as bargain hunting in SEPLAT (+10.0%) triggered a 0.5% gain in the...
Asia Stocks Gain Led by Tech as Gold, Bitcoin Rise
GenCos Count Losses, Say Grid Collapses Pose Danger to Power Sector
‘Manufacturers Reduce Production Time to Eight Hours Daily Due to Power Crisis’
NNPC to Deploy Low Security Risk, High Integrity Oil Pipelines Nationwide
NEC Moves to End Grid Collapse, Sets Up 13-man C’ttee on National Electrification
Nigeria’s Digital SEZs are the Future of the African Economy
Smaller Banks Begin USSD Debt Repayments –Telcos
Oil Heads for Weekly Gains on Anxiety Over Intensifying Ukraine War
Selloffs on Banking Stocks Drag the Bourse as ASI Down 0.2%
Asian Stocks Fall on Nvidia, Geopolitical Risks