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Market News

Monetary Tightening Freezes Commercial Banks N17.3trn

Monetary tightening by the Central Bank of Nigeria (CBN) in a bid to curb stubborn

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April 18, 2024 7:07 am
Market News

FG to execute $3.8bn gas supply agreement in May

The Gas Supply and Purchase Agreement to support the Final Investment Decision for the $3.8bn

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April 18, 2024 7:02 am
Market News

FG moves to conclude sale of $1.3bn ExxonMobil assets to Seplat Energy

The  Federal Government has intensified efforts toward concluding the sale of $1.3 billion ExxonMobil oil assets

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April 17, 2024 7:28 am
Market News

Five banks with highest increase in loan writedowns

Out of seven listed Nigerian banks, Guaranty Trust Holding Company (GTCO) Plc, United Bank for

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April 17, 2024 7:20 am
Market News

Oil prices dip as demand concerns outweigh Middle East supply fears

Oil prices extended losses in early trade on Wednesday as worries about global demand due

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April 17, 2024 6:58 am
Market News

Dollar steady, yen frail after Fed comments dash rate cut wagers

The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after

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April 17, 2024 6:57 am
Market News

IMF reviews Nigeria’s economic growth to 3.3%

The International Monetary Fund has reviewed upwards Nigeria’s economic growth forecast for 2024 from three

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April 17, 2024 6:57 am
Market News

SEC to boost market confidence at CMC meeting

The Securities and Exchange Commission of Nigeria has announced the virtual Capital Market Committee meeting

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April 16, 2024 7:13 am
Local News

Fidelity Bank shareholders to get 60 kobo dividend

The directors of Fidelity Bank have proposed a final dividend payout of 60 kobo per

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April 16, 2024 6:46 am
Market News

Inflation rose to 33.20% in March, says NBS

The National Bureau of Statistics has disclosed that Nigeria’s headline inflation rate increased to 33.20

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April 16, 2024 6:44 am
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