Despite a cash crunch and growing demand pressure, Nigeria’s Naira-dollar exchange rate has remained relatively stable across official and parallel foreign exchange markets. The Naira has...
Crude oil prices continued their upward trend on Tuesday following significant gains recorded the previous day. The increase was driven by concerns over supply disruption in...
The Nigerian stock exchange extended its decline by another N13 billion last week as a cash crunch amid high-interest rates dragged on economic activity. The Central...
Oil prices rose on Monday as investors evaluated efforts by authorities to address concerns about the global banking system. Brent crude oil, against which Nigerian oil...
Corporate Debt Capital Issuance Recovered Over 2022 Following the sharp decline in corporate debt capital issuance over 2021 of 38%, a record NGN1.5 Trillion (USD 3.2...
Entrepreneurs trained and funded by the Tony Elumelu Foundation (TEF) have generated a combined $2.3 billion in revenue in the last 8 years, according to the...
The Central Bank of Nigeria (CBN) led monetary policy committee has raised the nation’s borrowing cost by another 50 basis points following a 500 basis points...
The Nigerian Exchange Limited (NGX) closed in the green on Wednesday after posting a N10 billion gain on Tuesday despite the increase in interest rates to...
After a period of bearish trends, the Nigerian Exchange Limited (NGX) rebounded on Tuesday to post a N10 billion gain. The market capitalisation of all the...
Oil prices saw a slight decrease on Wednesday following indications of weak demand and the anticipation of a crucial interest rate decision by the U.S. Federal...