Markets

The rivalry between the Naira and United States of America dollar further went south yesterday as the Nigerian currency slumped...

Subsidy removal and naira devaluation pushed food inflation to 30.64 percent in September, worsening inflationary pressures in the country. The...

Online financial trading and investing firm, FTXM, has said that the persistent rise in Nigeria’s inflation figure and monetary policy...

Nigeria’s naira closed trading at a record low of N848 per dollar on the official market yesterday, according to data...

The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek loan from...

The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek a loan...

Oil marketers have warned of the dangers of returning fuel subsidies, saying it has the potential to throw the downstream...

Nigeria’s crude oil output rose to an all-time high of 1.35 million barrels per day in September 2023, as the...

Inflation will slow Nigeria’s economic growth to 2.9 percent in 2023, the International Monetary Fund has predicted. It also downgraded...

Forex crisis hinders raw materials procurement, causes financial problem – NECA •SMEs decry impending shutdown, Reps probe airlines, schools demanding...

Investors stake N22b in equities Aggregate loans in the books of eight Nigerian banks expanded to N30 trillion in the...

Many petroleum products depots are currently deserted due to lack of products caused by foreign exchange rate volatility, as the...

No fewer than 23 oil blocks managed by both international and local oil companies, which are under crude oil Production...

The National Bureau of Statistics (NBS) in its Food Price Watch report released yesterday, indicated a continuous increase in food...

Investors on the Nigerian Exchange Limited lost N516bn in one week of trading as the volume of trade tumbled by...

Total transactions decline by 62.7% in one month Domestic transactions on the Nigerian Exchange Limited (NGX) fell by 45.3 per...

For failing to meet the 32.5 percent Cash Reserve Requirement (CRR) threshold, the Central Bank of Nigeria (CBN) debited 10...

The daily volume of trade on the Nigerian Exchange Limited increased by 98 per cent to 1.12 billion units on...

The Federal Government may spend about N1.68tn as subsidy on Premium Motor Spirit, popularly called petrol, from September to December...

Despite the numerous assurances by President Bola Ahmed Tinubu that the subsidy is gone, Daily Trust’s finding shows that the...

The naira continued its downward trend after exchanging to the dollar at 980/$ at the parallel market on Wednesday. A...

The coup d’état in Niger may put additional pressure on Nigeria and other West African nations’ food markets, the World...

Taming the country’s rising inflation, addressing the issue of forex scarcity and tackling Nigeria’s rising debt are some of the...