Naira Bid-offer Spread Widens on Tight FX Liquidity The gap between Nigerian banks’ bids to buy and sell the naira to investors is widening due to...
FAAC Disbursed N1.94tn to FG, States, LGAs in Q1 The Federation Account Allocation Committee disbursed N1.938tn to the three tiers of government in the first quarter...
Stock Market Extends Losing Streak to Four Days The equities market of the Nigerian Stock Exchange extended its decline on Thursday, as 26 firms recorded price...
Nigeria Secured $17.8bn Investment Pledge in Three Months – NIPC The Nigerian Investment Promotion Commission on Thursday said that in the first quarter of this year,...
Honeywell Expects Profitable Year, Unveils 140,00MT Pasta Plant HoneyWell Flour Mills Plc has expressed optimism about recording a profitable financial year despite the prevailing harsh conditions...
Moody’s Says Nigeria May Keep Multiple Exchange Rates Until 2020 Nigeria will probably maintain its system of multiple exchange rates, which the International Monetary Fund has...
MTN Plans to Raise $1.1 Billion in Debt in Nigeria This Year MTN Group Ltd. plans to borrow as much as 400 billion naira ($1.1 billion)...
The RBNZ Cuts GDP and Inflation Forecast The Reserve Bank of New Zealand (RBNZ) left interest rates unchanged at 1.75% for a 19th consecutive month in...
BOE Keeps Interest Rate on Hold as Inflation Seen Cooling Faster The Bank of England kept interest rates on hold after a first-quarter economic slump and...
U.K. Manufacturing Drops for Second Straight Month Manufacturing output in the U.K. fell for the second straight month in March, in a further signal of torpid...