Oil prices were under pressure on Tuesday and thus eased by 1% as worries that sluggish global economic growth could reduce energy demand outweighed Saudi Arabia’s...
Naira remained stable on Tuesday, exchanging at N464.67 to the dollar at the Investors and Exporters’ window. The local currency did not change from its value...
Sentiments in the local bourse turned positive as the All-Share Index (ASI) increased by 0.4% to close at 56,038.85 basis points at the end of Tuesday’s...
By FXTM Analysts Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P 500 closed at its highest level...
Nigeria’s Foreign Trade Posts N927.2 billion Surplus Nigeria recorded a total foreign trade of N12.05 trillion in the first quarter of 2023, a marginal uptick of...
By Dele Sobowale “There are no desperate situations; only desperate men.” - Joseph Goebbels, 1897-1945. Mr Hedi Sirika, ex-minister of aviation, in Buhari’s disastrous government, on...
The National Association of Securities Dealers (NASD) Over-the-Counter (OTC) Securities Exchange returned to positive territory, as it was pregnant by 2.1 per cent in the 22nd...
Cryptocurrency insurance company, Evertas is now insured to cover policies of up to $420 million from its previous limit of just $5 million, Reuters reported. London-based...
By David Alonge The appointment of Richard Teng to oversee Binance’s regional markets outside the U.S. has positioned the one-time Abu Dhabi regulator as the most...
First Bank has said its profit before tax rose by 12.4 per cent to N147.0bn as of the end of 2022, from N130.9bn in the corresponding...
Nigeria’s electricity export has earned the country a total of $369.22 million in the last two years, BUSINESS METRICS has gathered. Data obtained from the Central...
The Securities and Exchange Commission (SEC) has expressed its readiness to confront and find solutions to the challenges that make companies delist from the capital market....
The growing trend of trapped revenues of foreign airlines operating in various countries around the world has remained unabated, according to the latest disclosure by the...
By Kaliba Bilala “Most large complex financial institutions are global—at least in life if not in death.” – Mervyn King When banks ran into trouble during...
Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end of 2021. The new ratio was...
Trading on the floor of Nigerian Exchange Limited (NGX) closed on a positive note on Thursday to commence the new month of June in green with...
By Ambrose Omordion, Chief Research Officer at Investdata Consulting Ltd Trading on the last day of May 2023 on the Nigerian Exchange Limited closed positive, further...
The Nigerian equities market traded marginally higher as sustained interest in BUA FOODS (+5.6%) underpinned a 0.06% increase in the All-Share Index to 55,769.28 points. In...
The Chief Operating Officer i-Invest, Tobi Olusoga has disclosed that in five years, the company recorded over 130,000 subscribers. According to her, the subscribers have executed...
To further diversify its debt profile, Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, has secured a $625 million syndicated loan with new lenders...