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Market News

Ecobank obtains $250m loan to boost liquidity

Ecobank Transnational Incorporated has announced that it has obtained a $250m loan facility to boost

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March 12, 2024 6:43 am
Market News

Asia shares subdued, yen firm as BOJ ponders positive rates

Asian share markets sputtered on Monday while the dollar looked vulnerable ahead of a reading

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March 11, 2024 7:40 am
Market News

Oil prices fall on China demand worries

Oil prices extended last week’s losses on Monday on concern about slow demand in China,

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March 11, 2024 7:39 am
Market News

PenCom denies lending FG N10tn

The Director General of the National Pension Commission, Aisha Dahir-Umar, has denied allegations that the

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March 11, 2024 7:17 am
Market News

Presidency denies budget padding allegations, Senate meets over claims Tuesday

The Presidency has denied allegations of padding the 2024 budget by an additional N3tn. This

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March 11, 2024 7:13 am
Market News

PFAs’ allocation to domestic equities rose to N1.6trn in 2023 –PENCOM

The pension industry’s asset allocation or holdings to domestic equities rose by 73 per cent

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March 11, 2024 7:03 am
Market News

Shareholders approve Vitafoam’s N1.95bn proposed dividend

Shareholders of Vitafoam Nigeria Plc, have approved the company’s initial declared dividend of N1.95 billion

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March 11, 2024 6:56 am
Market News

Dollar drops ahead of crucial payrolls data

The dollar headed for its sharpest weekly drop of the year on Friday as Federal

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March 8, 2024 7:24 am
Market News

Oil prices up as world’s top consumers boost demand

Oil prices rose on Friday, driven by growing demand in the world’s biggest consumers, the

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March 8, 2024 7:16 am
Market News

CBN reports 433% upsurge in remittances to $1,3bn in February

The Central Bank of Nigeria, CBN, has reported a 433 per cent upsurge in Diaspora

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March 8, 2024 7:07 am
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