By Umar Suleiman Less than three months into 2023, Foreign airlines operating in Nigeria have had up to $191 of their funds trapped in the country...
Nigerian Equities Market closed negative on Tuesday as the key market indicator declined by 65.47 basis points equivalent to N36 billion for stock investors. This happened...
Amid the lingering forex (FX) scarcity in the country, commercial banks have announced that international school fees and upkeep requests through Form A will now be processed...
By Rosemary Iwuala Following Monday’s declaration by the Central Bank of Nigeria (CBN) elongating the validity of old N200, N500 and N1,000 naira notes, Nigerians have...
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...
By Christy Animam With the final orderbook closing in excess of $3.5 billion and 95 investors participating, the African Development Bank (AfDB) set the size of...
In the just concluded week, values of federal government of Nigeria (FGN) bonds traded at the over-the-counter (OTC) segment appreciated for all maturities amid demand pressure....
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...
Agency Report Oil prices climbed more than 1% on Friday after better-than-expected U.S. employment data, though both benchmarks fell more than 3% on the week on...
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...
Equity market Investors’ risk appetite for Nigerian stocks has sustained its uptrend for the third consecutive week with investors smiling all the way to the bank...
By Yvonne-Faith Elaigwu, Head of Operations and Governance, OnePipe ‘Cashless’ has probably become one of the most popular words in Nigeria in the last few months....
The Nigerian Communications Commission (NCC) has concluded arrangements to host an event to mark the 2023 World Consumer Rights Day (WCRD) in Abuja with spotlight on...
Demand and supply pressures in the currency market persisted for another week but the value of the naira strengthened last week across the board. Naira regained...
The Central Bank of Nigeria (CBN) has disbursed N114.17 billion to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the initiative....
The bullish impetus in the Nigerian stock market switched into a higher gear, as investors cherry-picked stocks following decent 2022 Full Year corporate earnings releases. The...
The Centre for the Promotion of Private Enterprises (CPPE) on Friday said Nigerians deserve an apology from the Federal Government for subjecting them to hardship via...
The Nigeria Exchange Group (NGX Group) has reported 68.9% decrease in its profit after tax (PAF) for the financial year ended December 31, 2022. The audited...
By Umar Suleiman Africa’s drive to transform its agriculture and become a breadbasket has continued to receive strong global support, with development partners agreeing to commit...
The African Development Bank (AfDB) has identified the trio of Côte d’Ivoire, Ghana and Nigeria as the leading economies to lift the gross domestic product (GDP)...