Category: Economy

NGX emerges best performing banking index, gains 9.82%

With a gain of 9.82%, the banking index ended the week on a high note...

Local unlisted securities gain 1.86% as market cap hits N1.1tn

The Nigerian Exchange Limited appears to be moving quickly as some local unlisted securities have...

Investors gain N441bn as stock market rebounds

        The Nigerian equity market rebounded strongly on Wednesday, with investors gaining...

Nigeria to pay off $500 million Eurobond loan in July – DMO

Nigeria is set to redeem a $500 million Eurobond this month, although the country still...

Subsidy removal, FX unification: We’re on right track – Tinubu

        President Bola Tinubu on Tuesday stated that his administration is on...

Nigeria’s inflation may hit 30%, Bank of America warns

The Bank of America has cautioned that the Central Bank’s Monetary Policy Committee may need to raise...

Tinubu assures investors of policy consistency

President Bola Ahmed Tinubu has assured the business community of his government’s commitment to policy...

Nigeria’s external reserve drops by $2.9bn in 2023 H1 — Report

Nigeria’s external reserve has fallen by about $2.8 billion in the first half of 2023...

Naira falls by 13.9% in one week at I&E Window

The naira fell to a historic low against the dollar last week as Nigeria’s new...

FG to boost economy with Cassava Bioethanol project

President Bola Tinubu as well as the Nigerian government is implementing additional measures such as the...

Naira dips further to N770.38/$ at I&E window

The Naira, on Monday, depreciated by 16 per cent to N770.38 per dollar in the...

Okonjo-Iweala, IMF MD demand improvement of international trade

Director General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, and the Managing Director of the International...