Nigeria’s Gross Domestic Product (GDP) grew by 3.84% in the fourth quarter (Q4) as the non-oil sector contributed 95.4 percent. However, analysts have raised concerns over...
Crude oil prices climbed on Wednesday as U.S. crude oil stockpiles declined than expected in the week ended February 21. The decline is projected to help...
Nigeria’s financial markets recorded a surge in activity in January 2025 with total secondary market turnover hitting N57.04 trillion, according to the latest financial markets monthly...
Nigeria’s equities market opened the new trading week on a bearish note, shedding N231 billion as cautious sentiment weighed on investor activity. The All-Share Index (ASI)...
Oil prices extended last week’s losses on Monday as investors remained cautious over ongoing diplomatic efforts to resolve the Russia-Ukraine conflict and the potential resumption of...
Uncertainty surrounding Nigeria’s rebased Consumer Price Index (CPI) report and shifts in monetary policy intervention triggered a wave of sell-offs across multiple sectors on the Nigerian...
The Nigerian Exchange Limited (NGX) closed in the red on Thursday as heavy sell pressure in blue-chip stocks wiped off N25 billion from the market. The...
The Central Bank of Nigeria (CBN) has voted to hold all key interest rates steady at 27.5% as the Monetary Policy Committee (MPC) wrapped up its first...
Nigeria’s equities market rebounded on Wednesday, posting a 0.87% gain as investors positioned ahead of the Monetary Policy Committee (MPC) decision scheduled for Thursday. The Nigerian...
Oil prices edged lower on Thursday as a larger-than-expected build in U.S. crude stockpiles dampened market sentiment. Brent crude oil, against which Nigerian oil is priced,...