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Market News

Foreign investors interested in Nigeria – Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Foreign Portfolio

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February 6, 2024 6:54 am
Market News

Nigerians seek relief as states get N3.3tn allocations

Statutory allocations from the Federal Account Allocation Committee to the 36 states and 774 local

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February 6, 2024 6:45 am
Market News

CBN to create “Gateway Bank” to centralize all Correspondent Banking Activities

The Central Bank of Nigeria (CBN) is set to introduce a singular foreign currency (FCY)

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February 6, 2024 6:26 am
Market News

NAFEM: Dollar supply rises by 180% as banks sell $440m

Dollar supply in the official foreign exchange market rose by 180.59 percent to $440.13m on

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February 5, 2024 7:47 am
Market News

NGX RegCO, IFRS Foundation recommit to sustainability reporting

The NGX Regulation Limited, IFRS Foundation, and Financial Reporting Council of Nigeria have jointly restated

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February 5, 2024 7:39 am
Market News

All eyes on MPC to strengthen naira’s correction

Naira’s troubles will be significantly tackled when the Central Bank of Nigeria (CBN)-led Monetary Policy

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February 5, 2024 7:35 am
Market News

Asian stocks slump as traders temper rate cut bets

Asian shares eased on Monday and the dollar was firm after a robust U.S. jobs

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February 5, 2024 7:32 am
Market News

Dollar notches fresh highs as Fed cut bets recede

The dollar rose to an eight-week top against its major peers on Monday as traders

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February 5, 2024 7:32 am
Market News

Airtel Africa plans $100m share buyback as profit dips 100%

Airtel Africa has revealed plans for a $100m share buyback programme starting March 2024. This

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February 2, 2024 9:51 am
Market News

CBN fixes $1m as capital requirements for international money transfer operators

The Central Bank of Nigeria, CBN, has fixed $1m as the minimum share capital requirement

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February 2, 2024 9:50 am
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