Liquidity in Nigeria’s banking system increased to N7.45 trillion as short-term borrowing costs declined following the Central Bank of Nigeria’s...
Trading in Nigeria’s foreign exchange and short-term monetary policy instruments dominated financial market activity in the first eight months of...
TotalEnergies and Nigerian independent energy company AMNI International have reached a final investment decision on the development of the Ima...
Airtel Africa Plc has moved forward with plans to separately list its mobile money business, Airtel Money, on the London...
STANBICETF30 jumped 10 percent on the Nigerian Exchange (NGX) on Wednesday leading gains among exchange-traded funds as several NGX-listed ETFs...
Eterna Plc gained 10 percent on the Nigerian Exchange (NGX) on Wednesday to lead the day’s gainers as the broader...
Haldane McCall Plc rebounded 9.7 percent on the Nigerian Exchange (NGX) on Wednesday recovering part of the losses recorded during...
Critical Minerals Financing Corporation (CMFC) extended its rally on the Nigerian Exchange (NGX) on Wednesday lifting its three-session gain to...
Guaranty Trust Holding Company Plc (GTCO) led trading by value on the Nigerian Exchange (NGX) on Wednesday after investors exchanged...
NNPC Commissions Audit of Refineries The processes and processing units of Nigeria’s three refineries in Kaduna, Port Harcourt and Warri are currently being audited by licensors....
Non-performing Loan Ratio Crashes to 13.4% As economic recession continues to weigh on the banking sector, non-performing loans ratio in the banking industry has crashed further...
Inflation Rate May Hit 20% in First Quarter Economic and financial experts have said that the country’s inflation rate may rise further to 20 percent during...
FG, Oil Firms Optimistic About Increased Crude Production The Federal Government and oil firms have expressed optimism that crude production in the country will increase this...
Forex Weekly Outlook January 9-13 The U.S dollar rebounded last week after job data showed the economy added just 156,000 jobs in December. Even though, this...
Manufacturers Spend N226bn Monthly on Gas About 2,000 manufacturers using gas to power their operations spend an average of N200bn a month on power generation, investigation...
Naira May Reverse Loss This Week The naira is seen strengthening in the near term as Bureau De Change operators expect dollar supplies from international money...
‘60% Duty on Imported Rice’ll Boost Local Production’ The All Farmers Association of Nigeria has said that the 60 per cent import duty on imported rice...
Firm Offers N10m Seed Capital to 10 SMEs AIS Media, a United States-based digital marketing agency, has said that it will offer about N10m in seed...
FG Sets Aside N20bn for Export Grant Arrears The Federal Government has set aside N20bn as tax credit to settle part of the N300bn outstanding claims...
