Nigeria’s financial markets were in a tailspin at the weekend amid concerns over macroeconomic outlook and dodgy currency risks. Consequently, the naira fell across the official...
Tentative signs in early 2023 that the world economy could achieve a soft landing, with inflation coming down and growth steady, have receded amid stubbornly high...
Upon returning from Easter Holiday to commence stock trading activities on the floor of the Nigerian Exchange Limited (NGX) on Tuesday, the local bourse recorded massive...
Ahead of planned fuel subsidy removal by June 2023, the World Bank has granted the Nigerian government $800 million to put up a comprehensive palliative scheme...
By Rosemary Iwuala Access Holdings Plc has announced its completion of a $300 million fresh capital investment into its flagship subsidiary, Access Bank, the proceeds of...
The X-Compliance report of Nigerian Exchange Limited has revealed that the Exchange recorded N318.52 billion of listings across its equities, fixed income, mutual funds and derivatives...
The African Development Bank (AfDB) has signed a $525,000 agreement to support Africa Fintech Network’s (AFN) Hub project. Mr Lamin Barrow, the Director-General, AfDB, Nigeria Country...
Lagos Free Zone Company (LFZC), the first private free zone in Nigeria with a fully integrated deep sea port has announced the successful issuance of a...
Rising operation costs of Total Energies Marketing Plc have eaten into the its bottomline for the full year ended December 31, 2022 despite impressive rise in its...
The Group Chief Executive Officer, Dangote Industries Limited, Mr Olakunle Alake has expressed delight upon the completion of the listing of the firm’s N300 billion series...
Stock investors in Nigeria lost a whooping N622 billion in one day at the Nigerian Exchange Limited (NGX) following sell-offs in the shares of bellwethers such...
The Federal Government has lifted the compulsory 2.5% mortgage deduction from the monthly salaries of private sector employees for the National Housing Fund (NHF). This, according...
The Management of Dangote Cement Plc has revealed that once shareholders at the AGM slated for April 13, 2023 approve the proposal, its shareholders will be...
The domestic stock market All-Share Index (ASI) Thursday fell marginally by 0.02% to close at 54,924.08 points amid renewed profit-taking activity. Consequently, equity market capitalisation of...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points to 18 per...
The consumer price index (CPI), which measures the rate of change in prices of goods and services in the country, rose to 21.91% in February 2023,...
The Federal Government through the Minister of Communications and Digital Economy, Isa Pantami, has revealed that a total of 12,988,978 attacks originating from within and outside...
As Buhari Disowns Emefiele, Malami on Attitude to S’Court Order The Central Bank of Nigeria (CBN) has said the old N200, N500 and N1000 notes remain...
Since the onset of the cash crisis that trailed naira redesign policy of the Central Bank of Nigeria, the Nigerian economy has lost an estimated N20...
Performance of United State stocks and other global markets lost momentum this week as investors were put on the edge after indications went rife for the...