The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, remains resolute in his optimism about the Nigerian economy despite the prevailing economic challenges. His...
The Nigerian stock market known as the Nigerian Exchange Limited (NGX) closed higher last week with investors gaining N2.115 trillion, a rebound from the previous week...
Oil prices experienced a downward trend as investor concerns intensified regarding the demand outlook that was fueled by reports of elevated producer prices in the United...
On Friday, the Nigeria Autonomous Foreign Exchange Market (NAFEM) witnessed a substantial decline in dollar sales, plummeting to $84.1 million from the previous day’s $331.1 million,...
The Central Bank of Nigeria (CBN)’s announcement of a new Foreign Currency Gateway Bank has stirred concerns over the liquidity of Nigerian banks, according to recent...
The Securities and Exchange Commission (SEC) has granted approval to AVA Global Asset Managers Limited for its N200 billion Infrastructure Fund aimed at bolstering Nigeria’s infrastructure...
Oil marketers and members of the Nigerian Association of Road Transport Owners (NARTO) are engaged in intense negotiations to prevent a potential nationwide shutdown of fuel...
The Nigerian banking sector experienced a significant downturn in foreign capital inflow in 2023 with figures plunging to $832.64 million, a 60% drop from the previous...
China’s state-owned lenders have committed a substantial $8 billion in loans to rejuvenate the country’s beleaguered property market, aligning with Beijing’s directives to bolster the sector....
Japanese stocks have soared to record highs amidst a surge in bearish positions on the yen, signaling investor caution over currency risks. Asset managers, increasingly wary...