Nigeria’s naira extended its losing streak to a fifth consecutive day as it slipped to its weakest level since March despite the Central Bank of Nigeria’s...
Nigeria’s headline inflation rate surged to 34.19% in June 2024, a significant increase from the 33.95% recorded in May. This rise highlights the continuing pressures on...
Guaranty Trust Holding Company Plc (GTCO) has announced a new offering of 9,000,000,000 ordinary shares of 50 kobo each. This strategic move aims to recapitalize its...
In the trading week ended Friday, July 12, Nigeria’s equities market dipped by 0.35% with the Nigerian Exchange Limited (NGX) All Share Index (ASI) and Market...
Oil prices held firm on Monday as the political uncertainty in the United States and ongoing tensions in the Middle East persist. Brent crude oil, against...
Oil prices rose on Friday after traders noticed signs of easing inflationary pressures in the United States, the world’s largest oil consumer. Brent crude oil, against...
Nigeria’s equities market declined by 0.33 percent or N188 billion on Thursday following a drop in Seplat Energy Plc’s share price. This downturn reflects ongoing challenges...
The Nigerian equity market continued its downward trajectory for the third consecutive day this week as investors lost N2.18bn on Wednesday. The persistent decline saw the...
Oil prices dipped on Wednesday as the impact of Hurricane Beryl dissipated and inflation data highlighted stubbornly weak consumer demand in China, the world’s top crude...
The Nigerian National Petroleum Company (NNPC) is exploring the option of securing a $2 billion loan using crude oil pre-payments as collateral. Mele Kyari, the group’s...