NGX Proposes Dollar-Denominated Bonds and Stocks to Ease Currency Access
The Nigerian Exchange Limited (NGX) has revealed plans to allow companies to list bonds denominated in dollars on!-->…
Nigerian Equities Investors Cautious Amid Banking Stock Waiting Game
Investors in Nigeria's equities market are exhibiting reduced interest in banking stocks as they await the!-->…
Marble Capital Introduces Marble Halal Fixed Income Fund for Risk-Averse Investors
Marble Capital Limited, a prominent ethical and Islamic Fund Manager in the Nigerian financial market, has!-->…
LemFi Enters US Market with Innovative International Payment Services
LemFi, a prominent fintech company specializing in international payments, has officially launched its services in!-->…
Founder of Collapsed Cryptocurrency Exchange Faces Challenges in Prison Ahead of…
Sam Bankman-Fried, the founder of the now-collapsed cryptocurrency exchange FTX, is reportedly facing difficulties!-->…
Equinor’s Milestone Floating Wind Power Project Amidst Industry Challenges
Equinor, a leading energy company from Norway, has achieved a groundbreaking feat by unveiling the world's largest!-->…
African State-Owned Oil Companies Report $27.95 Billion Earnings in 2023 Amid…
An analysis of financial reports from three major state-owned oil and gas companies in Africa has revealed!-->…
War Risk Premiums Surge for Shipping in Russia’s Black Sea Ports Amid…
Insurance companies have informed ship charterers operating in Russia's Black Sea ports of a significant increase!-->…
Shift in US Bond Yields Indicates Changing Market Dynamics Amid Economic…
The recent surge in U.S. bond yields has been accompanied by subdued inflation expectations, suggesting that!-->…
Nigeria’s Excess Crude Account Stands at $473.8 Million; FAAC Highlights…
As of August 22, 2023, Nigeria's Excess Crude Account (ECA) holds a balance of $473,754.57. The Federation Account!-->…
African Union Suspends Niger Republic Following Coup; Diplomacy Urged to Solve…
The African Union (AU) Commission has imposed sanctions by suspending Niger Republic from the organization due to!-->…
Former Nigerian Petroleum Minister to Face Fresh Bribery Trial in the UK
Former Nigerian Petroleum Minister, Mrs. Diezani Alison-Madueke, is set to stand trial in the United Kingdom on a!-->…
Nigeria’s New Minister of Power Outlines Priorities to Address Power Sector…
Nigeria's newly appointed Minister of Power, Chief Adebayo Adelabu, has taken office with a focus on addressing!-->…
Federal Government Renews Leased Port Terminal Agreements Despite Operator Debts…
The Federal Government of Nigeria has reportedly renewed agreements with operators of leased port terminals,!-->…
FAAC Shares N966.11 Billion Among Federal, State, and Local Governments in July…
In July, the Federation Account Allocation Committee (FAAC) distributed a total of N966.11 billion to the Federal,!-->…
Over 20 Listed Nigerian Companies Penalized for Late Filing of 2022 Audited…
According to the X-Compliance Report, a transparency initiative by The Nigerian Exchange Limited (NGX), over 20!-->…
Naira Depreciates on Parallel Market, CBN Directs Banks to Stop FCY Secured Naira…
The Nigerian naira experienced depreciation to N910 to a dollar on the parallel market, compared to N850 on the!-->…
Nigerian Equities Market Reopens on Positive Note, Market Capitalization Rises by…
The Nigerian equities market started on a positive note as it reopened, with gains recorded in BuaFoods, Stanbic!-->…
Moniepoint Receives Regulatory Approval for Acquisition of Kopo Kopo to Expand…
The Competition Authority of Kenya (CA) has granted regulatory approval to Moniepoint Inc. for its acquisition of!-->…
Goldman Sachs Explores Sale of Wealth Management Unit as It Refocuses on…
Goldman Sachs is considering the sale of a portion of its wealth management business, signaling a shift in its!-->…
Dollar Retreats from 10-Week Highs as Risk Appetite Recovers Amid Bond Yield Surge…
The U.S. dollar has eased from its recent 10-week highs as global risk appetite rebounded following a jump in U.S.!-->…
European Business Lobby Urges China for Clarity on Economic Plans and National…
The European Chamber of Commerce in China, an influential business lobby, is calling on Beijing to provide a clear!-->…
U.S. Stock Futures Rise on Nvidia Optimism and Easing Bond Yields”
U.S. stock index futures have shown positive movement as optimism regarding Nvidia's upcoming earnings report!-->…
S&P Global Downgrades U.S. Regional Banks Due to Funding Costs and CRE Sector…
S&P Global has taken action to downgrade credit ratings and outlooks for several U.S. regional banks, citing!-->…
Pilot Union Division: Advocates Push for Extended Retirement Age Amidst Concerns
The Air Line Pilots Association (ALPA), a long-standing pilot union, faces internal division as a faction of!-->…
JP Morgan Challenges Nigeria’s FX Reserve Figures, Cautiously Optimistic on…
JP Morgan, a global financial services firm, has raised concerns over Nigeria's reported foreign exchange (FX)!-->…
LCCI Urges Shift Towards Asset-Linked Debt, Calls for Economic Reforms
The Lagos Chamber of Commerce and Industry (LCCI) has put forth a recommendation for the Federal Government to!-->…
New Minister of Finance and Economy Promises to Address Reforms Pain
Wale Edun, the recently appointed Minister of Finance and Coordinating Minister of the Economy, resumed his duties!-->…
Nigerian Government Vows to Resuscitate Ajaokuta Steel Company
Nigeria's Minister of Steel Development, Shuaibu Audu, has emphasized the need to revive the Ajaokuta Steel!-->…
Stakeholders Call for Urgent Revival of Nigeria’s Refineries to Ease Fuel…
Stakeholders in Nigeria have called on the federal government to take immediate action to reactivate the country's!-->…