The Central Bank of Nigeria (CBN) has directed banks to stop charges on cash deposits until September 30, 2024. CBN disclosed this...
Oil prices fell in early Asian trade on Wednesday as industry data showed a pile up in both crude and fuel inventories...
EQUITIES The Nigerian equities market sustained its negative sentiments as investors sold off FBNH (-9.9%) and GTCO (-6.0%). As a result, the...
NERC yesterday announced an eight percent reduction on electricity tariff paid by customers in Band A from N225/kWh to N206.8/kWh. The Commission, in...
In a latest effort to crackdown on naira manipulators in the foreign exchange market, the Federal Government, through the Securities and Exchange Commission...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has announced the abolition of signature bonus payment to the Federal Government by...
Nigerian banks’ lending, in the month of March, to the private and public sectors dropped by N23.99 trillion, data from the Central...
The Central Bank of Nigeria (CBN) has directed 0.5 percent Cybersecurity Levy deductions on electronic transfers. A circular issued by the CBN yesterday,...
Oil prices edged higher on Tuesday after Israel struck Rafah in Gaza, while negotiations for a ceasefire with Hamas continued without resolution,...
Back in January, we asked where the Naira/US dollar rate was headed. We mentioned three outcomes. The NAFEM rate and the parallel...
Lagos Plastic Ban to Displace 89% of Operators –MAN
Tinubu’s Electricity Act: Seven States Take Charge of Power Regulation
Local Bourse Off to a Positive Start as ASI Up 0.4%
FG to Sign Over 30 MoUs as Second Nigeria-Brazil Dialogue Kicks Off Monday
Oyedele Calls for Low Corporate Tax Rates to Stimulate Investment
Banks Strategise to Exit CBN’s Forbearance Framework
NIBSS Introduces Digital Payment of ISO 20022 Standard Infrastructure
SEC Flags Zugacoin, Samzuga GPT as Unlicensed, High-risk Crypto Investments
‘Nigeria-China Arbitration Pact to Transform Cross-Border Business’
Stocks Slide on Mideast Tension, Fed’s Warning