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Market News

Dollar feels the heat as Fed’s dovish pivot weighs; euro, pound firm

The dollar was set for its steepest weekly drop against major currencies since July, weighed

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December 15, 2023 6:57 am
Market News

Oil prices on track for first weekly rise in two months

Oil prices rose on Friday, on track to notch their first weekly rise in two

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December 15, 2023 6:53 am
Market News

Amidst inflation, CBN predicts less revenues from oil in 2024

The Central Bank of Nigeria (CBN), on Thursday, projected less revenues from oil exports in

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December 15, 2023 6:48 am
Market News

SEC shuts firm over illegal investments

The Securities Exchange Commission says it has sealed the premises of Ready Finance Investors Limited

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December 15, 2023 6:43 am
Market News

Asian stocks follow Wall Street higher; yields and dollar down

Asian stocks broadly rallied on Thursday, after the U.S. Federal Reserve flagged the end of

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December 14, 2023 7:22 am
Market News

Dollar sinks to four-month low after Fed signals rate cuts next year

The dollar dropped to a fresh four-month low on Thursday after the Federal Reserve’s latest

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December 14, 2023 7:18 am
Market News

NNPCL not transparent on subsidy, dollar revenues – W’Bank

The Nigeria National Petroleum Corporation Limited is not transparent about the financial gains from fuel

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December 14, 2023 7:17 am
Market News

NNPC delivers N4.5t revenue to federation account in 2023, says Kyari

The successful transition of the Nigerian National Petroleum Corporation (NNPC) to a commercially driven national

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December 14, 2023 7:06 am
Market News

Sanwo-Olu presents N2.23tn budget for 2024

Lagos State Governor Babajide Sanwo-Olu yesterday presented an N2.23 trillion appropriation bill to the House

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December 14, 2023 7:04 am
Market News

Dollar ticks up as traders wait on Fed for rate cut timing clues

The dollar ticked up slightly versus major rivals on Wednesday, as traders braced for the

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December 13, 2023 7:34 am
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