Source: Bank of England Monetary Policy Summary, May 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target,...
By CSL Research Team According to newspaper reports, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, stated that foreign exchange repatriation into Nigeria...
Nigeria has lost its status as Africa’s largest oil producer to Angola as Africa’s largest economy saw its oil output decline the most in April among...
As Production Drops to 1.25 Million Barrels Per Day Average oil production in Nigeria has reduced to 1.25 million barrels per day, latest data obtained from...
By Rosemary Iwuala The UK Supreme Court on Wednesday ruled that it was too late for Nigerian claimants to sue two Shell (SHELL) subsidiaries over a...
The Chartered Institute of Stockbrokers (CIS) has inducted the Chief Executive Officer of Nigerian Exchange Limited (NGX), Mr. Temi Popoola as a Fellow of the Institute...
Nigerian Exchange Limited (NGX) has lauded the Association of Securities Dealing Houses (ASHON) for enhancing professionalism and ethical conduct in the market. This was disclosed at...
By Rosemary Iwuala The Centre for the Promotion of Private Enterprises (CPPE) says some tax and import duty provisions in the 2023 Fiscal Policy Measures of...
Nigerian Breweries Plc has revealed a plan to raise N25 billion from commercial paper issuance to support the company’s short-term working capital and other funding needs....
Nigerian Exchange Group Plc (NGX Group) has announced its unaudited results for the period ending 31 March 2023, as the Group’s bottomline for the period rose...
The Kampala-headquartered mobility company has appointed former chief financial officer, Rob Sanford as CEO as former co-CEOs and co-founders, Alastair Sussock and Maxime Dieudonné seem to...
MTN Nigeria is battling with several lawsuits that have amounted to legal claims of over N1.48 billion, the company’s first quarter (Q1) financial result for 2023...
Manufacturers Association of Nigeria (MAN) says some provisions of the 2023 fiscal policy measures by the federal government are inimical to the growth of the manufacturing...
Telecoms giant, MTN Nigeria, has disclosed its unaudited financial report for the first quarter of 2023 in which it set new records across its key performance...
The Senate has indicted the Bank of Agriculture (BoI) in Kaduna over N3.2 billion loan disbursed to ten vendors to purchase tractors and other equipment for...
By Rosemary Uwuala Isidore Agritech Limited has launched the Jinja Marketplace App that will connect buyers and sellers on a digital platform, to trade on fresh...
Its Consul-General, Bobby Moroe, who made this known during the South Africa-Nigeria Trade and Investment Roundtable in Lagos, said while some people would get up to 10...
Nigeria is likely to witness tomato scarcity as over 500 farmers lose 300-hectare farm valued at N1.5 billion to tomato Ebola known as ‘Tuta Absoluta‘ ravaging...
The World Bank has revealed that domestic food price inflation remains high worldwide, amidst 205 million people facing acute food and nutrition insecurity. This is despite...
Nigerian Equities Market closed positive on Wednesday as the key market indicator advanced by 491.13 basis points amid positive market breadth and ballooned turnover. The benchmark...