The federal government has reportedly detained two top executives of Binance, the cryptocurrency trading platform. According to Financial Times on Wednesday, the executives flew to Nigeria but had their...
The Centre for the Promotion of Private Enterprise (CPPE) has condemned latest rate hikes by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria...
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. The CBN...
The Central Bank of Nigeria (CBN) has conducted a successful Treasury Bills auction, selling a substantial N1.58 trillion as part of its efforts to manage liquidity in...
Ola Olukoyede, the executive chairman of the Economic and Financial Crimes Commission (EFCC), has called for a broad-based collaboration and synergy between the Commission and the...
By taking stakeholders on a tour from the past to the present automobile experiences, Lagos Motor Show (LMS) has further whet Nigeria’s appetite to be part...
By Elvis Eromosele I was in the Ikotun market last weekend, shopping for groceries with Madam. While the atmosphere was cloaked in romantic garb, i.e., ‘continuation...
The benchmark index of Nigerian Exchange Limited (NGX) reversed it loss from last week as it rebounded by a substantial 3.79% week-on-week to another new historic...
The Federal Government is hoping to raise N2.5 trillion fresh domestic debt in February in its effort to meet N9.18 trillion 2024 fiscal budget deficit. On...
Nigeria’s inflation rate climbed to 29.90 per cent in January 2024 from 28.92 per cent recorded in the previous month. The 0.98 per cent increase confirms...
Today, we take a closer look at some of the drivers of Nigeria’s headline inflation, following our initial commentary on December’s headline reading. We see from...
Organisers of the maiden Lagos Motor Show (LMS) have targeted Nigeria’s automotive industry with optimized economic benefits by unlocking new possibilities through synscronisation of the past,...
Following the recent tragic death of Dr Herbert Wigwe, former chairman and acting group chief executive officer of Access Holdings, the board of directors of the...
Commiserates with the family of Wigwe Nigerian Exchange Group Plc (NGX Group) has said that it is deeply saddened to acknowledge the tragic passing of its...
Veritas Kapital Assurance Plc has reported a staggering 287% increase in profit after tax for the full-year2023, soaring from N562.7 million in 2022 to an impressive...
By CSL Research Using data sourced from the Nigeria Inter-Bank Settlement System (NIBSS), cashless transactions, encompassing NIBSS Instant Payment and Point of Sale (POS) transactions, witnessed...
The 364-day tenor treasury bill was oversubscribed as its stop rates spiked to 19% at the February 7th 2024 auction. The CBN offered N600 billion of...
Following recent rounds of gains recorded on equities investments in Nigeria, investors at the local bourse are directing attention towards profit-taking which cost the market N954...
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said about $2.4 billion out of the reported $7 billion outstanding foreign exchange liabilities of...
Yobe, Borno States in Darkness Electricity supply in Nigeria suffered another major setback following fresh attack by vandals on a tower responsible for major electricity transmission....