Markets

The Nigerian National Petroleum Company Limited (NNPCL) has informed the Federal Account Allocation Committee (FAAC) of an outstanding of N4.56...

The Naira yesterday depreciated to N1, 610 per dollar in the parallel market from N1,600 per dollar on Monday. Similarly,...

The Nigerian stock market recovered from a bearish run yesterday, as investors’ investments went up by N66.13 billion, propelled by the demand for Seplat Energy...

The local stock market for the third consecutive session has recorded profit-taking, dropping by  N790.38 billion  as investors trade with blue...

Nigerians are still struggling to get Premium Motor Spirit, popularly known as petrol, as depots continue to battle fuel shortage....

The Central Bank of Nigeria, CBN, in a bid to ease pressure in the foreign exchange (FX) market, sold $876.26...

In June, Nigeria’s inflation reached a 28-year high of 34.19 per cent, causing hardship for many Nigerians. The situation is...

A new report has warned that implementing a windfall tax amid a Central Bank of Nigeria (CBN) mandated recapitalisation could...

The Bank Directors Association of Nigeria have distanced itself from the views of some bank chairmen on the proposed foreign...

Banks and other financial institutions in the country will be closed on Thursday, August 1, 2024, as the planned hunger...

The fuel crisis being experienced by Nigerians is yet to abate even as petrol vessels birthed at Lagos and other...

The Nigerian Communications Commission (NCC) has ordered all telecommunication companies in the country to reactivate all lines they have barred...

Deji Elumoye, Chuks Okocha, Ikechukwu Aleke, Folalumi Alaran in Abuja, John Shiklam in Kaduna, Hammed Shittu in Ilorin, James Sowole in Abeokuta, Segun Awofadeji in Bauchi, Laleye Dipo...

Nigerians spent $38.17m on foreign education between January and March 2024, according to data from the Central Bank of Nigeria’s...

The Federal Government  recorded a   29 percent year-on-year (YoY) decline in deficit spending to N2.83 trillion deficit in the first quarter...

 Policy to restrict lending capacity of DMBs, increase commercial interest rate The value of the money supply may fall by...

The Central Bank of Nigeria resumed the sale of foreign exchange to eligible Bureau De Change operators on Thursday, as...

The landing cost of Premium Motor Spirit, also known as petrol, was N1,117/litre as of Tuesday, July 16, 2024, the...

The Nigerian asset management industry (“the Industry”) has defied a tough macroeconomic climate to achieve impressive growth. Over the past...

The Group Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said Nigeria will be a net...

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has said Nigeria’s economy is currently suffering from the...