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...
Media Briefing by Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN) Thank you for the opportunity to address you today. It has...
Domestic Macroeconomy This week, we focus on the March CPI data published by the NBS and IMF’s revised economic outlook for 2024....
Global Economy According to the National Bureau of Statistics (NBS) of China, the Chinese economy beat market expectations (+5.0% y/y) as it...
Diaspora Inflows now Strategic FX Pillar for Nigeria –CBN
Freight Forwarders Seek Urgent Tariffs Review
Headline Inflation Reverses Disinflation Trend, Rises to 15.38% y/y in March
Global Financing System must Ease Debt Squeeze on Developing Economies –Edun
IMF Cuts Nigeria’s Growth Rate from 4.4% to 4.1%
Nigeria Seals Fresh $1b India Steel Deal
Nigeria, Morocco Advance $25b Transcontinental Gas Pipeline Deal
Nigeria Crude Output Misses OPEC Quota Eighth Straight Month
Stocks Rise, Oil Falls on Optimism for Iran Deal
Nigeria Becomes Net Petrol Exporter with Dangote Refinery