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Market News

Nigeria’s capital inflows fell 26% in 2023

Nigeria’s capital inflows fell in 2023 as foreign direct investments and inflows from portfolio investors

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February 20, 2024 6:46 am
Commercial Banks in Nigeria
Market News

$1trn economy: Banks eye NGX for recapitalisation

In response to the directive from the Central Bank of Nigeria (CBN) to raise new

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February 20, 2024 6:37 am
Market News

Forex: Nigerian Breweries posts N106b loss

Nigerian Breweries (NB) Plc recorded a net loss of N106 billion last year, after absorbing

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February 19, 2024 7:55 am
Market News

Cardoso: With $1.8bn Inflow Last Week, Nigeria’s Economy Has Positive Outlook

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, yesterday, said despite the apparent

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February 19, 2024 7:45 am
Market News

Dollar stands firm as sticky US inflation dents rate cut expectations

The dollar was steady on Monday after data last week showing U.S. inflation remained sticky

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February 19, 2024 7:41 am
Market News

Investors eye higher interest rates as Nigeria sells record N2.5trn bonds

Investors will be hoping to get higher interest rates when Nigeria attempts to sell N2.5

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February 19, 2024 7:38 am
Market News

SEC approves N200bn Ava infrastructure fund

The Securities and Exchange Commission has approved the N200bn Infrastructure Fund of asset management firm,

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February 19, 2024 7:34 am
Market News

Oil falls as sticky US inflation heightens demand concerns

Oil prices fell as investor attention returned to the demand outlook after reports of higher

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February 19, 2024 7:32 am
Market News

Oil flat as weaker IEA outlook weighs on U.S. rate cut hopes

Oil prices stalled on Friday over a forecast of slowing demand by the International Energy

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February 16, 2024 7:21 am
International News

Dollar firms as traders weigh economic data, yen fragile

The dollar firmed on Friday, on track for its fifth straight weekly gain, as investors

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February 16, 2024 7:16 am
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