Business Net Forex inflow rises 70% to $42 bn Dec 24, 2024 0 Nigeria’s net foreign exchange inflows surged by 70.5% year-on-year (YoY) to $42.06 billion in the first nine!-->…
International UK Economy Stagnates in Q3 as Challenges Mount for Starmer Government Dec 23, 2024 0 Britain's economy recorded zero growth in the third quarter of 2024, according to revised figures from the Office!-->…
Business Wall Street Opens Higher as Investors Welcome US Inflation Data Dec 23, 2024 0 U.S. stock futures pointed to a positive start on Wall Street after last week’s U.S. inflation data fueled!-->…
Business Stakeholders leverage AfCFTA, fintech listings for capital market growth Dec 23, 2024 0 Nigeria’s capital market has been identified as a critical driver for achieving the government’s $1 trillion!-->…
Business The equities market gains N1trn as ASI crosses 100,000-point mark Dec 23, 2024 0 The Nigerian equities market reached a significant milestone last week as the NGX All-Share Index (ASI) crossed!-->…
Business Innovation Crucial for Addressing Nigeria’s Energy Challenges Dec 23, 2024 0 Manufacturers in Nigeria's electrical and electronics sector have been urged to leverage innovation to address the!-->…
Business Market Outlook for 2025 Amid Trump Return and Federal Reserve Decisions Dec 23, 2024 0 As President-elect Donald Trump prepares to return to the White House, U.S. investors anticipating significant!-->…
Business Markets in 2024: Wall Street’s high-octane rally keeps investors captive to… Dec 23, 2024 0 In 2024, global markets have experienced a surprising surge, with world stocks on track for their second!-->…
Business Festivity and Energy Costs Expected to Drive Inflation Surge in December Dec 23, 2024 0 Analysts predict that Nigeria's headline inflation will rise to 34.91% year-on-year in December due to seasonal!-->…
Business Investors Gain Over N1 Trillion in Five Days as Nigerian Stock Market Surges Dec 23, 2024 0 The Nigerian stock market witnessed a remarkable rally, with the All Share Index (ASI) recording a 35.2%!-->…
Banking Net forex inflow fell to $14bn in Q3 – CBN Dec 23, 2024 0 The Central Bank of Nigeria (CBN) reported a 2.97% decline in net foreign exchange inflow in Q3 2024, totaling!-->…
Finance Brace! Risks stack up for the global economy in 2025 Dec 23, 2024 0 The global economy, having weathered the challenges of inflation and post-pandemic recovery in 2024, faces!-->…
Agriculture FG Restate Commitment to Digitisation of Livestock Sector Dec 23, 2024 0 The federal government has reaffirmed its commitment to leveraging innovative technology for sustainable!-->…
Banking Macro Economic Challenges Thrust 12 Banks’ Operating Expenses to N5.18tn Dec 23, 2024 0 Twelve Nigerian banks listed on the Nigerian Exchange Limited (NGX) reported a combined operating expense of N5.18!-->…
Business PenCom, finance ministry working to pay retirees – DG Dec 23, 2024 0 The National Pension Commission (PenCom) is partnering with the Ministry of Finance to address delays in retirees’!-->…
Business FCMB Group Shareholders Approve N340 Billion Capital Raise Dec 23, 2024 0 FCMB Group Plc has secured shareholder approval to raise N340 billion in capital to strengthen its banking!-->…
Business Naira rebound seen in 2025 on higher FX inflows Dec 23, 2024 0 The naira is expected to recover in 2025, driven by increased foreign exchange inflows, reduced petrol and food!-->…
Business Zest AI secures $200 million to expand credit tech and pursue acquisitions Dec 19, 2024 0 Zest AI, a credit underwriting solutions provider, has secured a $200 million growth investment from its long-time!-->…
Business Rainier Partners Acquires WPAS to Expand Multi-Employer Benefits Administration Dec 19, 2024 0 Rainier Partners, a Seattle-based private equity firm, has announced its investment in Welfare & Pension!-->…
Business USTDA and Meridiam Join Forces for African Infrastructure Development Dec 19, 2024 0 The United States Trade and Development Agency (USTDA) and Paris-based Meridiam SAS have signed a Memorandum of!-->…
Business SEC Draft Rules Open Pension Funds to Commercial Papers Investment Dec 19, 2024 0 The Securities and Exchange Commission (SEC) has released draft rules enabling pension funds in Nigeria to resume!-->…
Business US Stocks Fall as Fed Signals Slower Pace of Rate Cuts Dec 19, 2024 0 US stock markets experienced significant declines following the Federal Reserve’s decision to cut interest rates!-->…
International Bank of England Expected to Maintain Interest Rates at 4.75% Dec 19, 2024 0 The Bank of England is expected to keep its base interest rate steady at 4.75%, following the Monetary Policy!-->…
investment Capital Economics sees muted Saudi growth into 2025 Dec 19, 2024 0 Capital Economics forecasts subdued economic growth for Saudi Arabia through 2025, attributing it to conservative!-->…
Macroeconomic Tinubu Unveils 2025 Budget Targeting Inflation and Naira Stability Dec 19, 2024 0 President Bola Tinubu presented the 2025 Appropriation Bill to the National Assembly, aiming to stabilize the!-->…
Business MSMEs navigate tough economy, demand state of emergency to tackle issues Dec 19, 2024 0 Micro, small, and medium enterprises (MSMEs) in Nigeria are facing a tough economic environment marked by rising!-->…
Business Rupee Hits Record Low at 85/USD as Fed Outlook and Economic Pressures Weigh Dec 19, 2024 0 The Indian rupee has plunged past the 85 mark against the U.S. dollar for the first time, marking a historic low.!-->…
Business CBN caps PoS daily withdrawal at N100,000 to boost cashless economy Dec 19, 2024 0 The Central Bank of Nigeria (CBN) has implemented a daily withdrawal limit of N100,000 for customers using!-->…
Macroeconomic Dangote to NNPC Ltd: Your statement on $1bn refinery investment inaccurate,… Dec 19, 2024 0 Dangote Petroleum Refinery has refuted claims made by the Nigerian National Petroleum Company Limited (NNPCL)!-->…
Business Nigeria’s $42bn Reserves Can Fund Nine Months of Imports Says CBN Dec 19, 2024 0 Nigeria’s external reserves have grown to $42.01 billion, enabling the country to finance imports for over nine!-->…