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Market News

CBN to tackle forex infractions with heavy sanctions

The Central Bank of Nigeria has uncovered infractions, gross abuses, and non-compliance with foreign exchange

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January 18, 2024 7:04 am
Market News

Dollar at one-month peak on easing rate-cut bets; yuan stuck near two-month low

The dollar index hovered at a one-month high against a basket of currencies on Wednesday

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January 17, 2024 7:16 am
Market News

LCCI sees economic growth, lower inflation, others

Policy reforms by the government, especially the removal of fuel subsidies and floating of the

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January 17, 2024 7:13 am
Market News

Asia stocks sink as China weakness, rate cut jitters weigh

Asian equities fell sharply on Wednesday, led by Chinese stocks after a slew of data

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January 17, 2024 7:12 am
Market News

FG opts for conditional divestment as oil majors trade $4.5b assets

Fresh crises are brewing over Shell’s planned exit from the onshore segment of Nigeria’s oil

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January 17, 2024 6:27 am
Market News

Coronation Insurance to delist, pay off shareholders

Coronation Insurance Plc is set to delist from the capital market as its Board of

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January 17, 2024 6:25 am
Market News

Nigeria’s inflation ends 2023 at 28.9% as naira anxiety worsens outlook

Nigeria’s headline inflation closed 2023 slightly below the 30 percent market projected by many economists

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January 16, 2024 7:18 am
Market News

Transcorp Hotels crosses N1tn capitalisation

.” Hospitality business, Transcorp Hotels Plc, has joined the elite club of companies worth N1tn

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January 16, 2024 7:13 am
Market News

FIRS plans to increase tax revenue by 57% to N19.4 trillion in 2024

The Federal Inland Revenue Service (FIRS) has revealed plans to significantly increase its tax revenue

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January 16, 2024 7:10 am
Market News

Stocks slump, dollar gains on rate outlook jitters

Asian shares hit a one-month low, U.S. stock futures fell and the dollar rose on

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January 16, 2024 7:05 am
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