In a bold protectionist sweep, U.S. President Donald Trump on April 2 announced a 14% tariff on Nigerian imports—part of a broader trade initiative targeting multiple...
China has hit back hard against what many economic analysts tagged as Donald Trump’s “bullying” tariffs, raising fears that the escalating trade war could trigger a...
Pan-African investment bank and financial services group, United Capital is today paying out a dividend worth N9 billion to its shareholders for the 2024 financial year....
Oando Plc has announced a delay in the release of its 2024 Audited Financial Statements (AFS). In compliance with Rule 1.1.4 of the Nigerian Exchange Limited...
Activities on the floor of Nigerian Exchange Limited (NGX) ended mixed on Thursday albeit with a bullish tilt, as the benchmark index eked out a meagre...
The price of Bitcoin slipped below $82,000 on Thursday as U.S. President Donald Trump’s massive new tariffs shook Wall Street and also sent altcoins diving. The...
US President Donald Trump has announced that exports from Nigeria to the United States will now be subjected to a 14% tariff. The decision, which was...
President Bola Tinubu has fired Mele Kyari as the group chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL) and removed Chief Pius Akinyelure...
The aggregate value of stock transactions on the floor of the Nigerian Exchange Limited (NGX) fell from N607.05 billion (approximately $410.84 million) in January 2025 to...
The Securities and Exchange Commission (SEC) has just announced that President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2025, which automatically repeals...
Bangladesh’s High Commissioner to Nigeria, Masudur Rahman, has highlighted the remarkable progress in trade relations between Bangladesh and Nigeria, noting that their bilateral trade volume has...
The governments of United Kingdom (UK), Nigeria and Ghana have announced the official launch of Sankore, a £1.9m initiative aimed at boosting science, technology, and innovation (ST&I) ecosystems in...
Customers of Zenith Bank Plc entrusted the lender with over N22 trillion in 2024 despite biting inflation, eroded consumer purchasing power and worsening standard of living...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2024, with all its...
One of Nigeria’s leading non-interest banks, TAJBank, says it is finalising arrangements to raise the sum of N20 billion Mudarabah Sukuk bond to beef up its...
The Nigerian equities market recorded another decline for the third consecutive week, reaching a four-week low as bearish sentiment triggered selling pressure and profit-taking. These factors...
By Cowry Research This week, our analysis focuses on Nigeria’s latest foreign trade statistics published by the National Bureau of Statistics (NBS), reveal a remarkable 106.6%...
President of Dangote Industries Limited (DIL), Aliko Dangote, has revealed that his company—the Dangote Petroleum Refinery—has enough Premium Motor Spirit (PMS) otherwise known as petrol in...
The FGN Bonds secondary market sustained a bullish run last week, with yields contracting across various maturities amid strong investor confidence. The high-yield environment and expectations...
The Overnight Nigerian Interbank Offered Rate (NIBOR) inched up by 0.04 percentage points week-on-week to 32.92% to close on Friday, reflecting tighter liquidity conditions in the...