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Market News

Currency in Circulation Declined by N7.51bn to N2.6tn in July 

Money and credit data released by the Central Bank of Nigeria (CBN) for the month

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August 23, 2023 7:03 am
Market News

FG may raise $17bn from oil assets sale – JP Morgan

The Federal Government is expected to make up to $17bn if it sells down its

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August 22, 2023 7:24 am
Market News

CBN expresses concern over e-fraudsters’ sophistication

The sophistication of e-fraudsters has become a major concern to the Central Bank of Nigeria

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August 22, 2023 7:24 am
Market News

Stakeholders Canvass 20% Tax On Sugar-sweetened Beverages

Stakeholders have urged the federal government to increase taxation on sugar-sweetened beverages (SSBs) towards achieving

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August 22, 2023 7:08 am
Market News

Daily petrol consumption drops to 52m litres, says FG

Average daily consumption of premium motor spirit (petrol) in Nigeria has dropped from 64,964,000 per

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August 21, 2023 8:31 am
Article

CBN Brings Back BDC, Introduces New Operational Mechanism

In a significant shift that marks the re-entry of Bureaus de Change (BDCs) into the

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August 21, 2023 8:06 am
Local News

MTN Nigeria swaps cash dividends for N149b shares

Nigeria’s leading telecommunications company, MTN Nigeria Communication (MTN Nigeria) Plc has allotted 641.05 million ordinary

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August 21, 2023 7:12 am
Market News

Currency in circulation falls first time in five months

THE total amount of currency-in-circulation in the country dropped from N2.6tn (N2,603,266m) as of the

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August 18, 2023 6:52 am
Market News

FG Okays N180bn Palliative Fund, Each State Gets Paltry N5bn

The federal government has approved a paltry N5 billion for each of the 36 states

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August 18, 2023 6:46 am
Market News

Credit to govt rises further by 3.5% to N32.3trn

Financial sector credit to the Nigerian government rose month-on-month (MoM) by 3.5 percent to N32.3

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August 18, 2023 6:38 am
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