DMO: Nigeria’s debt to China’s EXIM Bank hits $3.714b Pays $391.66m interest Repays $449.89 principal $1.267bn railway loan largest debt burden Nigeria’s total debt to...
Shell records 73 oil spills across Niger Delta in 6 months The Shell Petroleum Development Company of Nigeria Limited (SPDC) experienced 73 oil spill...
Newly approved N1.1trn loan to raise Nigeria’s public debt to N34trn The total debt stock for Nigeria could rise from N33 trillion to N34...
Oil hits six-week high $68.47 as dollar weakens The international oil benchmark, Brent crude, reached its highest in six weeks on Thursday as strong...
Portfolio investments evade Nigeria as stock market posts N676.53bn turnover The waning appetite of foreign investors in the Nigerian equities market is fast fading...
Highcap stocks lead in N356bn gain to lift Cap to N20.652trn Following gains recorded by most highly capitalised (highcap) stocks, transactions on the Nigerian...
Bears maintain grip on equities as investors again lose N280bn Investors in the Nigerian stock market lost N274bn on Wednesday as 23 firms saw...
NGX trains stockbrokers beyond equity asset class Nigerian Exchange (NGX) Limited has kicked off its first Automated Trading System (ATS) Certificate Training for stockbrokers in...
G7 leaders ink agreement over global tech regulation Top leaders from G7 nations today signed an agreement over proposed new tech laws aimed at...
Gemini crypto exchange partners Mastercard to roll out crypto reward credit cards Gemini, a cryptocurrency exchange has announced a partnership with Mastercard, a global...
Ecobank Group posts N40.3bn profits in Q1 It was a great start with renewed energy for Ecobank Transnational Incorporated (ETI) in 2021 as the financial...
The Strange Yield Curve By Coronation Research Since the beginning of the year fixed income yields have been rising. Yet the movement in rates...
SEC adjusting 10-year capital market master plan to current realities The Securities and Exchange Commission (SEC) has said it is reviewing the 10-year capital...
Nigerians trade N1.5bn crypto volume on Paxful Paxful, a global peer-to-peer fintech, has said Nigeria is now its biggest market with a volume of...
CBN defends naira with $1.47bn in one month The Central Bank of Nigeria (CBN) injected $1.47 billion into the foreign exchange segment of the...
Cadbury Nigeria suffers 63% profit losses in Q1 2021 Cadbury Nigeria Plc has recorded significant shortfall in its profit for the first three months of...
Kogi State gets $100m agric loan from AfDB By Olamide Onabanjo The African Development Bank (AfDB) has granted the Kogi State government $100...
Wema Bank hits N1trn asset valuation despite N13.51bn revenue shortfall Despite a recorded decline in its revenue in 2020, Wema Bank Plc has grown...
Naira depreciates in I&E window In the foreign exchange market, the naira traded at a lower value on Tuesday as the Nigerian currency shed...
OPEC+ to relax oil production cuts by 600,000bpd in May The Organisation of Petroleum Exporting Countries and its allies (OPEC+) seem set to ease...