Real Time Financial News Website
S&P Global’s Purchasing Managers’ Index shows that Nigeria’s PMI decreased from 53.5 the previous month to 44.7 in February. From the peak of the coronavirus pandemic in June 2020, this…
15 academics and research interns have been accepted into a one-year sabbatical and research internship program at Shell Petroleum Development Company of Nigeria Limited. The event, which took place recently…
The European Central Bank (ECB) responded by hiking interest rates to their highest level in forty years in an effort to curb demand, claiming there was a danger that rising…
In what would be the most extensive American restriction on any social media app, the U.S. House Foreign Affairs Committee agreed along party lines to grant President Joe Biden the…
Inflows of foreign currency into the Nigerian economy decreased year over year by 40%, from $44.01 billion in the first 11 months of 2021 to $26.32 billion in the first…
From N59.24tn at the end of December 2021 to N73.59tn in the same time of 2022, the total assets of the banking sector increased by N14.36tn or 24.24%. This information…
In an effort to prepare for the impending floods that are expected to pound the nation this year, the management of the National Emergency Management Agency, Nigeria Hydrological Services Agency,…
For the second quarter of 2023, the Central Bank of Nigeria intends to generate N1.13 trillion through treasury bills. According to the bank’s website’s most recent Nigerian Treasury Bill Issue…
A task force has been organized and deployed by oil marketers under the direction of the Petroleum Retail Outlet Owners Association of Nigeria to monitor and penalize gas stations that…
In response to an alleged conspiracy by Boko Haram to carry out another assault, the Federal Government has pledged to increase security along the Abuja-Kaduna rail line. In response to…
The Nigerian National Petroleum Company Limited’s Group Chief Executive Officer, Mele Kyari, recently stated that the nation was on its way to achieving the 1.8 million barrels per day (mb/d)…
The amount of interest paid on Uganda’s public debt increased over the six-month period due to a growth in the stock of domestic debt. The stock of domestic debt climbed…
According to Ken Ofori-Atta, the minister of finance, the Bank of Ghana (BoG) lent the government GH37.96 billion in total in 2022 to help fulfill the needs of public expenditures.…
In December, bank lending rates increased to their highest level in 52 months as a result of rate rises by Kenya’s Central Bank (CBK) and rising yields on government debt.…
In order to strengthen the commodities trading ecosystem, the Securities and Exchange Commission (SEC) has reiterated its willingness to collaborate with the Nigerian Agricultural Insurance Company (NAIC). Dayo Obisan, executive…
The Nigerian Exchange Limited (NGX) and the Pan-African Payment and Settlement System (PAPSS) of the African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) in order to transform…
The Advertising Regulatory Council of Nigeria, an arm of the Federal Government, has issued a warning to participants in the digital media market that any further violations of the recently…
According to data acquired from the Central Bank of Nigeria, bank credit to the private sector increased from N35.18 trillion at the end of January 2022 to N42.25 trillion in…
The final audited reports from more firms listed on the Nigerian Exchange Limited have been made public. Nestle declared a final dividend of N36.50 per 50kobo ordinary share in its…
After receiving 8,794,726 votes to win the 2023 presidential election, Bola Ahmed Tinubu, a former governor of Lagos State, was named the new president. Tinubu triumphed against rival candidates Atiku…