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...
NNPC Grows Profit By 54.5% to N431bn In August
Stock and Bond Futures Advance as Oil Declines
Nigeria Targets $7.1b Sugar Investment to Curb Import
Fitch Revises Nigeria’s Outlook to Positive, Affirms ‘B’ Rating
Nigeria’s Debt Interest Soars 124% Above Revenue
CBN Deepens Financial Ties with Singapore, Asia
NDIC Pays ₦69.65b to Depositors of Failed Banks
US Stock Futures Rise on OpenAI Revenue, Oil Drops
Stock Rally Poised to Lose Steam as Euro Declines
NPA Tackles Export Bottlenecks, Seeks Stronger Forex Inflows