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Market News

Again, CBN Reassures on Safety of Banking System, Depositors’ Funds

The Central Bank of Nigeria (CBN) yesterday reaffirmed its assurance to the banking public that

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June 11, 2024 7:03 am
Market News

FG services debt with $2.2bn in five months – CBN

Nigeria’s debt servicing gulped about N2.2bn in the first five months of this year, the

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June 11, 2024 6:54 am
Market News

Afreximbank Disburses $40m to Support Fidelity Bank’s Acquisition of Union Bank UK

African Export-Import Bank (Afreximbank) has disbursed a US$40-million Intra-African Investment Facility to Fidelity Bank Nigeria

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June 11, 2024 6:49 am
Market News

Dollar firm before key inflation test; yen limps towards BOJ meeting

The dollar hovered near a one-month peak against the euro and pushed to a one-week

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June 11, 2024 6:27 am
Market News

Asia stocks cautious as EU politics muddies the mood

Asian stocks were in a guarded mood on Tuesday as investors pondered fresh political uncertainty

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June 11, 2024 6:24 am
Market News

Domestic, foreign sources grow FX inflows to $3.12bn in May

Aided by broad-based increases in inflows from both domestic and foreign sources, total inflows into the

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June 10, 2024 7:57 am
Market News

Nigeria’s GDP per capita to hit $1,120.67 by 2029 – IMF

Nigeria’s Gross Domestic Product per capita is expected to reach $1,120.67 by 2029, according to the

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June 10, 2024 7:45 am
Market News

Oil nudges higher on hopes of summer fuel demand

Oil prices edged up on Monday, aided by hopes of rising fuel demand this summer,

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June 10, 2024 7:36 am
Market News

NGX introduces USSD code to boost financial inclusion

The Nigerian Exchange (NGX) Limited has announced the launch of a new Unstructured Supplementary Service Data

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June 10, 2024 7:32 am
Market News

Asia shares stumble, political uncertainty rattles euro

Asian stocks sank on Monday as traders heavily pared back bets for Federal Reserve rate

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June 10, 2024 7:23 am
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