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Nigerian Stocks Hit 14-Week High Amid Investors’ Wild Scramble For Shares Of Flour…
Nigerian stocks jumped 0.08 per cent on Friday, taking the benchmark index to 39,522.34 basis points, a height last…
Loss Of FDIs To Neighbours Worry Manufacturers As Challenges Linger
As prevailing economic challenges undermine investments and disposable incomes, local manufacturers have expressed…
Sterling Slips As Global Markets Turn Cautious
The British pound slipped in early trading on Monday, hurt by a fall in risk appetite globally, after economic data…
Nigeria Recorded $85.21bn Net Foreign Liabilities – IMF
Nigeria’s foreign liabilities stood at $187.36bn while the country’s foreign assets amounted to $102.15bn as of…
Nigeria’s Inflation Rate Projected To Drop To Single Digit In 2022 – CBN Official
The Central Bank of Nigeria has said that Nigeria’s inflation rate may drop to single digit in 2022.
The apex…
Rewane – How Nigeria Can Attract More Foreign Direct Investments
A member of the President's Economic Advisory Council and Managing Director, Financial Advisory Council, Mr.…
Foreign Reserves Resume Decline After Rising To $33.59bn
The foreign exchange reserves in Nigeria have started declining again after rising to $33.59bn, the highest level…
In 5 Days, I&E FX Turnover Jumps 0.5% To $681m
Last week, the total value of transactions recorded at the Investors and Exporters (I&E) window of the foreign…
Investors Chart Roadmaps For Federal Government Of Nigeria To Improve Non-Oil…
LAGOS – Investors in the nation’s economy have called on the Federal Government to consider reform for key non-oil…
Nigeria Recorded $85.21bn Net Foreign Liabilities – IMF
Nigeria’s foreign liabilities stood at $187.36bn while the country’s foreign assets amounted to $102.15bn as of…
Conglomerate Income Taxes Rise By 273 Per Cent Year-On-Year
Company income tax (CIT) realised in the second quarter (Q2) stood at N1.46 billion, up from N0.39 billion realised…
Securities Dealers To Discuss Market Recovery Strategies
Securities dealers in Nigeria have concluded arrangements to review strategies to reactivate the nation’s economic…
Dollar Holds Firm Near 4-Month High, Retains Weekly Gains On Fed Bets
The dollar held firm on Friday, staying near its highest level in four months against a basket of currencies as…
APMDC Counters Shippers’ Council Over Claims Of Arbitrary Charges
The Associated Port Marine Development Company has denied allegations of arbitrary charges and charging…
Thai Baht Gains Among Muted Asian Currencies; S.Korea’s Won Slips
Thailand's baht edged up among mostly
muted Asian currencies on Friday, after a short-lived retreat in
the dollar…
Port, Shipping Firms Divert Vessels After A Ningbo Terminal Shuts
Ports and shipping companies are diverting vessels from a container terminal in China's busiest marine…
U.S. Consumer Sentiment Plummets In Early August To Decade Low
U.S. consumer sentiment dropped sharply in early August to its lowest level in a decade, in a worrying sign for the…
Virgin Galactic Falls As Billionaire Branson Sells Stake Worth $300 Million
Shares of Virgin Galactic Holdings Inc (SPCE.N) fell nearly 3% on Friday after its founder and British billionaire…
Peloton Is Sued For Improperly Charging Sales Tax
Peloton Interactive Inc (PTON.O) subscribers have filed a proposed class action lawsuit accusing the maker of…
Strong Disney Earnings Push S&P 500, Dow To New Peaks
The Dow and the S&P 500 opened at record highs on Friday, boosted by Walt Disney and tech-related shares, while…
Banks Take Steps To Reduce Potential Cloud Computing Risks, Google Survey
Banks are taking steps to mitigate risks from their increasing use of external cloud computing services, a survey…
Analysis: As Fed Shifts Gears, Shaping Consensus Gets Trickier For Powell
In his nearly six years on the Federal Reserve's board of governors before becoming its chair, Jerome Powell never…
Italy Gets 25 Billion Euros In First Tranche Of EU Virus Recovery Fund
Italy on Friday received 24.9 billion euros ($29.3 billion), its first tranche of money from the 800 billion euro…
Pension Assets To Hit N20trn In 2023 –Agusto & Co
The Nigerian pension industry’s net assets will hit the N20 trillion mark by 2023, recording an average growth rate…
Federal Government Of Nigeria Okays $2.5m, N498.2m For Four Power Projects
The federal government has approved a total sum of $2.54 million and N498.23 million for four power projects across…
Singapore To Deepen Investments In Nigeria, Others
Singapore is looking at deepening its economic ties with Nigeria and other West African countries as its…
Federal Government Reintroduces Toll Plazas, Nigerians To Pay N500, N200 Per Trip
The Federal Executive Council has approved the reintroduction of toll collections on some selected dual…
Stock And Forex Trading Regulations In Nigeria
Nigerian trading market: a brief overview Although somewhat similar, it is important to note the…
AMCON Rubbishes Reports Of Possible Seizure Of Dangote Refinery
The Assets Management Corporation of Nigeria (AMCON) has rubbished reports that it was planning to take over the…
Fixed Income, FX Markets Sustains Momentum Recording N15.31trn, $10.12bn Turnover…
Investors’ interest in the fixed income and currencies markets has continue to soar as both markets recorded…