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...
The naira posted a moderate appreciation against the US dollar this week, gaining N8.62 or 0.01% week-on-week to close at N1,501.08 per dollar in the official...
OnePipe has launched PaywithAccount, a direct-from-account payment solution that helps businesses automate and simplify collections, reducing delays and improving cash flow predictability. With PaywithAccount, businesses can...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has banned 60,000-litre fuel tankers from operating on Nigerian roads. It also added that no truck with over 45,000...
US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals...
The Securities and Exchange Commission (SEC) is amending regulations to ensure that all eligible transactions on regulated exchanges fall within the formal tax net. In a...
The National Bureau of Statistics (NBS) has explained why Nigeria’s headline inflation rate dropped to 24.48 per cent in January 2025 after rebasing. The Statistician-General of...
Nigeria’s headline inflation rate has dropped to 24.48% in January 2025, down from 34.80% in December 2024. The National Bureau of Statistics (NBS) announced this on...
Nigeria’s currency, naira, took a dip in the foreign exchange (FX) market on Monday as the local currency closed lower against US dollar at both official...