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The total Net Asset Value, NAV, of investment in Mutual Funds rose Year-on-Year, YoY, by 76.9 per cent to N2.3 trillion...
Read moreThe naira has gained more than 20 per cent in a major recovery that had seen the currency trading mostly...
Read moreThe Central Bank of Nigeria (CBN) has revealed its strategy to settle Treasury Bills (TBs) worth N1.64 trillion during the...
Read moreThe Naira on Friday recorded a new low depreciating to N1,665.5 per dollar in the Nigerian Foreign Exchange Market (NAFEM)....
Read moreEquity investors lost N67bn on Thursday, as the Nigerian Exchange returned to the red zone. Sell-offs in banking, insurance, and...
Read moreThe about two-day suspension of operations with respect to the lifting of petroleum products by the Nigerian Association of Road...
Read moreNIGERIA’S foreign exchange and inflation have combined to push the prices of prepaid meters year-on-year, YoY by 80 percent to...
Read moreThe recent sharp depreciation of the Naira in the foreign exchange market as well as the rising inflation rate has...
Read moreDollar sales by Deposit Money Banks and other entities at the Nigeria Autonomous Foreign Exchange Market dropped by $252 million...
Read moreBanks are inducing their customers to sell the foreign currencies domiciled in their branches, Some of the banks, it was...
Read moreNigeria’s insurance sector appears to be copping well with the adverse economic environment as leading operators in the industry have...
Read moreThe naira gained marginally against the United States dollar on Tuesday, appreciating to N1,499/ from an all-time low of N1,534/$...
Read moreRatings agency, Agusto & Co., has projected that Nigeria’s oil sector will likely grow this year, curtailing FX efflux on...
Read moreAFEX and the Pension Fund Administrators (PFA) have concluded plans to expand market participation in the commodities sector by driving...
Read moreBank Directors Association of Nigeria says it is supportive of a directive by the Central Bank of Nigeria asking commercial...
Read moreStatutory allocations from the Federal Account Allocation Committee to the 36 states and 774 local government areas from July to...
Read moreDollar supply in the official foreign exchange market rose by 180.59 percent to $440.13m on Friday. This is as the...
Read moreBullish trading resurfaced on the stock market on Thursday leading to a gain of N902bn. This came after two bearish...
Read moreThe naira plunged further at the official window on Tuesday, closing at an all-time-low of N1,482 against the United States...
Read moreThe poor electricity situation nationwide has worsened with the decline of power supply to the national grid. Many communities across...
Read morePresident Bola Tinubu, yesterday spoke of his administration’s commitment to continue providing the needed interventions in the oil and gas...
Read moreTo prevent business collapse arising from the lingering foreign exchange (FX) challenges, operators have stressed the need for the government...
Read moreRecent data released by the Central Bank of Nigeria (CBN) has revealed a notable spike in currency outside the banks...
Read moreAs Nigerians wait eagerly for the impact Dangote Petroleum Refinery will have on the energy sector, the prices of automotive...
Read moreShell PLC has denied speculations that it was leaving Nigeria after selling its onshore business in the Niger Delta. The...
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