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Market News Nigeria
Africa

First female CEO for UBA’s operations in Africa is appointed.

Jan 31, 2023 0
Breaking

After Moody’s Downgrading, Investors Sell Off Nigerian Bonds.

Banking

Nigeria’s New Naira: Racketeering Thrives In Abuja And Other…

Breaking

AfDB is Planning a $1.5 billion Food Facility For Nigeria And Other…

Africa

Africa50 Completes Financing for the Senegalese Power Facility.

Commodities

Nigerian Shipowners and Operators find the NNPC Cargo Policy Frustrating.

Jan 19, 2023 0
Stakeholders in the nation's maritime industry claim that local shipowners are suffering as a result of Nigerian…
Finance

Nigeria Owes China and Four Others $4.85bn

Jan 19, 2023 0
The Federal Government of Nigeria borrowed about $3.27 billion from five nations between June 30, 2015, and…
Finance

Financial Crisis: Nigeria FG Reports N14.28 trillion in Revenue Shortfall.

Jan 19, 2023 0
According to information from the Budget Office of the Federation, the Federal Government has experienced a…
Finance

The CBN Enlightens Traders About the New Naira Notes.

Jan 19, 2023 0
The distribution of the new naira notes to the entire nation will be completed before the deadline of January 31,…
Local

Bearish Trading Closes with N47 billion Loss In the Stock Market.

Jan 19, 2023 0
Due to profit-taking actions by Dangote Cement Plc and 20 other companies, the Nigerian stock market ended down by…
Finance

Nigerian Finance Minister: No Bond Sale in 2023 Due to Debt Trajectory.

Jan 18, 2023 0
The trajectory of Nigeria's debt is manageable. The nation planned to significantly lower its key debt…
Finance

The IMF’s Executive Board Authorizes a $240 million Payment to Uganda.

Jan 18, 2023 0
According to the International Monetary Fund (IMF), two reviews of a financing agreement with Uganda were approved…
Local

UK Inflation Decreases to 10.5% in December, While Food Costs Rise.

Jan 18, 2023 0
Although British inflation decreased last month after reaching a 41-year high in October, the pressure on…
Market

15% of Developing Nations have Debt Problems, According to the IMF.

Jan 18, 2023 0
According to the International Monetary Fund, 15% of low-income countries are already experiencing debt distress.…
Europe

European Shares Decline as China Data Renews Economic Concerns.

Jan 18, 2023 0
Following China's announcement of its weakest annual economic growth in nearly 50 years, which increased…
Business

Biotech is Set to Acquire Instadeep.

Jan 18, 2023 0
InstaDeep Ltd., a top global technology company in the fields of artificial intelligence ("AI") and machine…
Business

EAIF Funding Enables the Ivorian Hydro Project to Reach Financial Close.

Jan 18, 2023 0
Ivoire Hydro Energy (IHE), which will construct a 44MW hydroelectric power generation plant on the Bandama River…
Local

Wells Fargo Stock Declines as Analysts Issue Downgrades.

Jan 18, 2023 0
Wells Fargo (NYSE:WFC) stock is declining in pre-market trading as a result of analysts downgrading the banking…
Finance

Alleged Duty Payment Fraud is Discovered by FCCPC.

Jan 18, 2023 0
According to Babatunde Irukera, the Federal Competition and Consumer Protection Commission's executive vice…
Local

National Assembly Set to Approve Reorganization of N22.7tn Debt.

Jan 18, 2023 0
The Senate is prepared to approve the N23.7 trillion debt restructuring request made by President Major General…
Commodities

Chinese Oil Demand is Expected to Increase in 2023, According to OPEC.

Jan 18, 2023 0
In a statement outlining its expectations for the state of the global economy in 2023, OPEC predicted that Chinese…
Energy

Nigeria: Power Output Declines by 1,713GWh.

Jan 18, 2023 0
According to the most recent industry data, power generation on the national grid fell steadily in the first and…
Business

ILO Warns that Nigeria’s Unemployment Rate Could Increase.

Jan 18, 2023 0
The International Labor Organization has issued a dire warning that millions of people in Nigeria and other…
Local

PenCom Endorses 181 Companies for Government Contracts.

Jan 18, 2023 0
181 companies have received permission from the National Pension Commission to conduct business with the Federal…
World

Davos2023: A WEF Survey Predicts a Global Recession in 2023.

Jan 17, 2023 0
In a survey conducted by the World Economic Forum (WEF) of chief economists from the private and public sectors,…
Africa

Ghana Delays The Exchange Deadline for Domestic Debt a Third Time.

Jan 17, 2023 0
The registration deadline for Ghana's domestic debt exchange has once more been extended, this time to January 31,…
Local

Nigeria FG Advised to Increase Funding for Road Infrastructure.

Jan 17, 2023 0
Hon. Unyime Idem, a member of the House of Representatives representing the Ukanafun/Oruk Anam Federal…
Technology

Microsoft is Rumoured to be Investing in OpenAI and Increasing ChatGPT Access.

Jan 17, 2023 0
Microsoft Corp (MSFT. O) announced that it is expanding access to wildly popular software from OpenAI, a startup…
Market

China’s 2022 Economic Growth One of the Worst on Record.

Jan 17, 2023 0
As a result of severe COVID restrictions and a downturn in the real estate market in the fourth quarter of 2022,…
Commodities

Gold Prices are Seen Rising Toward High Records.

Jan 17, 2023 0
As the United States slows the pace of rate hikes and eventually stops increasing them, analysts predict that gold…
Business

PoS Operators Reject Raising the Service Fee.

Jan 17, 2023 0
In response to the Central Bank of Nigeria's decision to review the cash withdrawal limits for automated teller…
Business

National Assembly Resumes, with a Priority on Restructuring the N23.7tn Loan.

Jan 17, 2023 0
The National Assembly will reconvene after its holiday recess to address outstanding matters of national…
Business

Officially, the NLNG Bonny Plant is Still Functioning.

Jan 17, 2023 0
According to the Nigeria LNG Limited, despite a force majeure declaration made in October 2022 and issues with…
Commodities

The Licensing for Oil Blocks will End in April – Nigeria FG.

Jan 17, 2023 0
The Federal Government declared that the seven deep offshore open oil blocs licensing round, which started on…
Market

Inflation Rate in Nigeria Drops for the First Time in 11 Months.

Jan 17, 2023 0
The inflation rate in Nigeria decreased to 21.34 percent for the first time in 11 months. Up until November 2022,…
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Recent Posts

PENGASSAN intends to Crack Down on Marketers for N650…

Jan 31, 2023

Norfund and 54 Funding Provide SAMANU with Growth Capital.

Jan 31, 2023

Contributory Pension Assets Increased to N14.9 trillion.

Jan 31, 2023

Classera Generates $40 Million Funds And Plans to Expand in…

Jan 31, 2023
Prev Next 1 of 3,468

NIGERIA

Local

The CBN Has Agreed To Extend Exchanging Old Naira Notes By Ten Days.

Jan 30, 2023
Local

United States Denies Access to People who are “undermining” Nigerian Democracy.

Jan 27, 2023
Local

Nigeria Introduces a Domestic Card Program in an Effort to go Cashless.

Jan 27, 2023
Local

The NPC has Begun Training for the 2023 Census.

Jan 25, 2023
Prev Next 1 of 1,507

World

Adani Group, Owned By World’s Third Richest Man, Has…

Jan 25, 2023

A Microsoft Cloud Outage Affects Users Globally.

Jan 25, 2023

World Bank: 28.9 million Nigerians Rely on Food Aid.

Jan 23, 2023
Prev Next 1 of 1,370
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