Nigeria’s transport inflation rose to a 15-year high of 18.74% in the month of September 2021, representing a 50-basis points increase compared…
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The Nigerian Centre for the Promotion of Private Enterprise (CPPE) has claimed that the Central Bank of Nigeria’s financing of the country’s…
Nigeria still remains the most cryptocurrency-adopting nation in Africa. The U.S. company’s Crypto index is based on the maximum sums…
The current situation where 10 brokers still control over 50% of the total value of transactions on the nation’s local…
The Nigerian Bourse (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market by…
The exchange rate between the naira and the US dollar traded at an average of N730/$1 at the black market,…
The Central Bank of Nigeria (CBN), in August 2022, extended N22 trillion in loans to the federal government under its Ways and Means…
Crypto investors got emboldened by news that the UN had urged the Fed to halt raising interest rates because it might trigger…
Mr. Bello Hassan, the MD/CEO of the Nigerian Deposit Insurance Corporation has outlined potential threats faced by the Nigerian economy. …
Nigeria’s current account balance rose to a 9-year high of $7.7 billion in the first half of 2022, five times higher than the…
Market operators have said that the decision of the Central Bank of Nigeria (CBN) to increase the interest rate by…
The Central Bank of Nigeria has disbursed a cumulative total of N4.5 trillion in intervention funds to the private sector of the Nigerian…
Some sensitive safety equipment of the Nigerian Meteorological Agency (NiMET) is being vandalized across airports and sites in the country, a…
Capital Hotels Plc has announced the acquisition of 1,611,995,510 ordinary shares of the company by 22 Hospitality Limited. Following the acquisition, directors…
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate (monetary policy…
As the equities market continues bearish performance, shareholders of BUA Cement Plc lost a whopping N111.752 billion in yesterday’s trading…
The Nigerian Bourse (NGX) closed negative amidst buy-interests and sell-offs as bears dominated proceedings, weighing down the broad market by…
The Nigerian equities market closed bearish during the week as the All-Share Index declined by 0.91% in the week ended…
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, appreciated by 0.05% to…
Nigeria exported agricultural goods worth N343.4 billion in the first half of the year, an increase of 17.3% from N292.8…