NECA Applauds Fiscal, Monetary Authorities Broader Push To Stabilise Naira,…
The Nigeria Employers' Consultative Association (NECA) has commended the Federal Government's recent issuance of a…
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Algeria, Angola Others Still Owe $1.7bn In Foreign Airlines Blocked Funds – IATA
The International Air Transport Association (IATA) has highlighted Algeria, Angola, and Eritrea as countries that…
India rupee hits record low, bond yields dip as a change of guard at RBI spurs…
The Indian rupee slipped to a historic low of 84.85 per U.S. dollar on Tuesday, while 10-year bond yields dropped…
Chinese Policy Signals Lift Global Stocks as Bonds Reflect Caution
China's equity markets rallied to near one-month highs after a Politburo announcement signaled a shift toward…
Chukwu Calls for Tech Adoption in Nigerian Banks’ Recapitalisation to Boost…
Johnson Chukwu, Group Managing Director of Cowry Assets Management Limited, has urged the Central Bank of Nigeria…
Trump’s Economic Policies Pose Risks to Nigerian Banks and Investments
Donald Trump’s proposed tax reforms and tariffs, including a corporate tax cut from 21% to 15%, could disrupt…
Equinor ends 31years Nigerian journey for profitable markets
Norwegian energy company Equinor has exited Nigeria after 31 years, finalizing its divestment from the West…
2025 budget: Senate threatens non-performing agencies
Through its Finance Committee, the Nigerian Senate has warned government agencies of zero allocation in the 2025…
Equity market reverses gain with N63bn loss
The Nigerian equity market started the week on a downturn, losing N63bn in market capitalization as the total…
As the naira soars, ABCON urges CBN to tighten the noose on speculators
The naira has experienced a dramatic surge, rising 8.9% in one week, as it rallied from N1,672 to N1,535 per…
Equities market rises, investors pocket N426bn
The Nigerian equities market ended the week with a notable gain, as investors earned N426.69 billion due to…
Coronation Joins AFIS as Gold Sponsor, Championing Innovation in African Finance
Coronation Group has announced its role as a Gold Sponsor at the Africa Financial Summit (AFIS), set to take place…
PalmPay Partners with NFIU to Boost Financial Security in Nigeria
PalmPay, a leading Nigerian fintech company, has reaffirmed its commitment to tackling financial fraud through…
Banks’ Recapitalisation, New Listings Boost NGX Market Cap by N8.1tn
In 2024, the Nigerian Exchange Limited (NGX) saw a remarkable surge of N8.1 trillion in its market capitalization,…
Data expose gaps in Nigeria’s $1trn GDP target
Recent data from Nigeria’s National Bureau of Statistics (NBS) reveals a significant drop in the country’s GDP in…
Marketers Begin Direct Loading From Dangote Refinery
Independent Petroleum Marketers Association of Nigeria (IPMAN) has commenced direct premium Motor Spirit (PMS)…
Naira Sees Massive Recovery Amid New Forex System
The Nigerian Naira has experienced significant appreciation across all foreign exchange markets following the…
FirstBank unveils entertainment hub
FirstBank has launched Bluu TV, a new entertainment hub designed to support Nigeria's creative arts sector, as…
Organised Private Sector (OPS) urges sustenance as naira gains N137/$
The naira strengthened significantly against the dollar, gaining N137 within a week following the Central Bank of…
Cardoso’s first year sees naira rally amid stubborn inflation
In his first year as Central Bank of Nigeria (CBN) governor, Olayemi Cardoso implemented significant monetary…
UBA Outperforms Peers As Investors Earn 375% Capital Returns
United Bank for Africa (UBA) has delivered an impressive 375% capital gain to its investors over the past five…
Customs integrates 23 Banks for seamless duty payments on B’Odogwu Platform
The Nigeria Customs Service (NCS) has introduced the B’Odogwu Information and Communication Technology (ICT)…
EFEMS, Eurobond issuance bolster FX reserves, Naira stability
The Central Bank of Nigeria (CBN) has taken significant steps to stabilize the foreign exchange (FX) market,…
Inflation and Rising Raw Material Costs Challenge Confidence in Food, Beverage,…
The Nigerian manufacturing sector is facing significant challenges, including inflation, high raw material costs,…
Foreign investments in telecoms crash by $99m – NBS
Foreign investments in Nigeria's telecommunications sector dropped significantly in the third quarter of 2024,…
Asia stocks slip on South Korea turbulence, China disinflation
Asian stock markets faced a challenging start to the week as South Korean stocks tumbled by 2.4%, driven by…
Total inflows into NAFEM grew to $4.05bn in November –FMD
The Nigerian Autonomous Foreign Exchange Market (NAFEM) experienced significant growth in November, with total…
Nigerians Frustrated by NIN Modification Failures as Banks and NIMC Shift Blame
Nigerians face significant challenges with the National Identity Number (NIN) modification process, which has…
WAPCO, Seplat, and Access Holdings boost stock market to N59.5trn
The Nigerian equities market closed last week with a bullish performance, as gains from Wapco, Seplat, and Access…
PenCom Restores Investment In Commercial Papers By LPFAs
The National Pension Commission (PenCom) has lifted its temporary suspension on Licensed Pension Fund…