Businesses across multiple sectors are adjusting prices upward as inflation and foreign exchange volatility continue to raise operating costs. The...
Exporters and non-bank corporates contributed 64 percent of total dollar inflows into the Nigerian Foreign Exchange Market (NFEM) last week,...
Nigeria’s oil production remains under pressure despite the resumption of the Trans-Niger Pipeline, which was temporarily shut down following an...
The House of Representatives has passed four major tax reform bills aimed at overhauling Nigeria’s tax administration after months of...
United Bank for Africa has launched the Afrigo Card a domestic payment solution designed to enhance financial inclusion and strengthen...
Morgan Stanley is set to cut 2,000 jobs this month in its first major workforce reduction under Chief Executive Officer...
The Tanzanian shilling has been ranked as the world’s worst-performing currency in 2025 after losing 8.9% of its value despite...
The Dollar to Naira exchange rate continues to fluctuate in the foreign exchange market, driven by various economic factors. As...
Nigeria and Brazil have taken a significant step toward strengthening agricultural productivity and food security with the signing of the...
Reserve Bank of India lowered interest rates to strengthen the economy as the global economic downturn threatens growth. The Benchmark repurchase rate was cut to 6.75...
U.S personal income increased by 0.3 percent or $52.5 billion, while consumer spending increased by 0.4 percent or $54.9 billion in August, according to the Bureau...
China’s economic downturn continues as China’s industrial profits fell the most in four years on Monday, dragging profits in coal mining 64.9 percent lower this year...
In 2012, Nigeria became the second African country to be listed on JP Morgan’s emerging market bond index and quickly became the biggest economy in Africa...
Most Asian markets open lower except China after the Federal Open Market Committee (FOMC) leaves interest rates near zero last week. Japanese Yen opened lower against...
The U.S Federal Reserve on Thursday left interest rates unchanged citing global economic slowdown amid sluggish exports. Poor exports and low energy prices continue to undermine...
Nigerian Stock Exchange All Share Index (NGSEINDX) gained 0.17 percent to peak at 30,410.39, its highest value in a month. This marked 6 consecutive days the...
Nigeria’s Consumer Price Index (CPI) which measures inflation increased by 0.1% to 9.3% (year-on-year), from 9.2% recorded in July. According to the data released by the...
In 2012, when Nigeria was listed on JPMorgan emerging market Bond index, it was done based on a two-way quote by the CBN and the then...
Great Britain Pound (GBP) took a new direction after Bank of England (BOE) policy makers said China’s slowdown hasn’t shaken their conviction about rate increase this...
