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....
The Transmission Company of Nigeria (TCN) has attributed the power grid collapse to gas constraints at Ibom Power Plant, feeding Eket, Ekim, Itu and Uyo transmission...
Amid stakeholders’ rejection of the N1,356.883 exchange rate, the Central Bank of Nigeria (CBN) on Saturday readjusted the exchange rate on the Customs platform to N1,413.62/$1....
Zenith Bank, West Africa’s largest financial services provider, Ibom Air and Airbus celebrated the successful closure of the commercial financing for Ibom Air’s first A220 delivered...
The Nigerian stock market has continued to show resilience to beat various economic challenges facing the country at the moment by posting yet another impressive return...
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February 1, 2024, as part of moves...
The Federation Account Allocation Committee (FAAC) disbursed the sum of N1.62 trillion to the three tiers of government in December 2023 from the total revenue generated...
After slowing down the bullish momentum last week, the NGX has jerked back with a 2.22% gain, as the All-Share Index hit 104,674.67 points, up 2,272.79...
The Central Bank of Nigeria (CBN) has released $500 million to various sectors as part of its determination to address the backlog of verified foreign exchange...