August 5, 2024 - Market News Nigeria

CBN introduces Dutch auction system to tackle forex shortages

The Central Bank of Nigeria (CBN) has introduced a Retail Dutch Auction System (DAS) to address the fluctuations in the…

The African Caucus, which includes over 50 African Ministers of Finance and Central Bank governors, has urged for better energy…

The Nigerian Communications Commission (NCC) has instructed telecom operators to extend the NIN-SIM verification deadline beyond July 31, 2024. This…

The Bank Directors Association of Nigeria (BDAN) has expressed disagreement with the views of FBN Holdings Chairman Femi Otedola and…

BUA Foods Plc reported N672.39 billion in revenue for the first half of the financial year ending June 30, 2024,…

The Federal Government announced that the initial sale of 50 kg bags of rice at N40,000 will first be directed…

The exchange rate for the Nigeria Customs Service (NCS) duties collection has increased to N1618.73/$, up from the previous rate…

A coalition of 28 Civil Society Organizations (CSOs) announced plans to set up a situation room to monitor the Nigeria…

Reports allege that diesel produced by the $20bn Dangote Petroleum Refinery contains high levels of sulphur. Despite these claims, no…

Nigeria’s public debt is projected to reach N130tn by the end of 2024, with a debt-to-GDP ratio of 55% and…