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Market News

CBN Approves Fourth Tranche of FX Sale to BDCs at N1,021/$

The Central Bank of Nigeria (CBN) yesterday approved the sale of additional Foreign Exchange (FX)

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April 24, 2024 6:55 am
Market News

Nestle Nigeria’s Fixed Assets Revalued At N305.4bn

Arising from the foreign exchange losses recorded at the end of 2023 due to the

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April 24, 2024 6:50 am
Market News

Asian shares extend gains ahead of tech earnings, yen fragile

Asian shares extended gains on Tuesday, taking cues from Wall Street as investors’ focus shifts

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April 23, 2024 7:10 am
Market News

Firm dollar turns up heat on yen, heightening intervention talk

A firm dollar had the yen locked near a fresh 34-year low on Tuesday, keeping

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April 23, 2024 6:52 am
Local News

Mutual Funds: Total net asset grew to N2.54tr in Q1 –SEC

The total net asset value (NAV) of mutual funds in Nigeria’s capital market increased by

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April 23, 2024 6:42 am
Local News

International Breweries shareholders approve $379.9m loan-to-equity conversion

The shareholders of International Breweries have approved a loan of $379.9m from its majority shareholder,

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April 23, 2024 6:36 am
Local News

DMO: Nigeria Working on Details of Proposed Dollar-denominated Local Bond

Nigeria is working on the details of the proposed dollar-denominated domestic bonds, which is part

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April 23, 2024 6:31 am
Market News

Oil prices retreat as Iran-Israel tensions ease

Oil prices fell on Monday, dragged down by a renewed focus on market fundamentals as

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April 22, 2024 7:21 am
Market News

Asia stocks rebound, oil and gold retreat on tempered Mideast fears

Asian stocks recovered some losses on Monday and bond yields rose as fears of a

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April 22, 2024 7:18 am
Local News

Transcorp Hotels divests 100% stake in Calabar subsidiary

Transcorp Hotels Plc, yesterday announced the divestment of its 100per cent interest in Transcorp Hotels

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April 22, 2024 7:11 am
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