Nigeria’s equities market rebounded on Wednesday as gained N165 billion in value amid renewed optimism and strategic re-entry into undervalued stocks. The recent downturn which plagued...
Amid escalating attacks on shipping in the Red Sea and growing uncertainty regarding U.S. interest rate cuts, oil prices rebounded in Asian markets today. Brent crude...
Private sector credit in Nigeria reached a record N76.94 trillion in January 2024, according to the latest report from the Central Bank of Nigeria (CBN). This...
The Nigerian equity market continued its downward spiral as Honeywell Flour Mills and BUA Cement emerged as the top losers. The All-Share Index (ASI) declined by...
Oil prices remained close to three-week highs on Tuesday, buoyed by ongoing tensions in the Middle East and signs of economic recovery in China. Brent crude...
The Nigerian Naira extended its decline to a record-low of N1,730 against the United States Dollar on the parallel market. This unprecedented depreciation exacerbates the economic...
Nigeria’s unemployment rate surged to 5.0% in the third quarter (Q3) of 2023, representing an increase of 0.8% from the previous quarter, according to recent statistical...
The Nigerian stock market known as the Nigerian Exchange Limited (NGX) closed higher last week with investors gaining N2.115 trillion, a rebound from the previous week...
Oil prices experienced a downward trend as investor concerns intensified regarding the demand outlook that was fueled by reports of elevated producer prices in the United...
On Friday, the Nigeria Autonomous Foreign Exchange Market (NAFEM) witnessed a substantial decline in dollar sales, plummeting to $84.1 million from the previous day’s $331.1 million,...