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Market News

FG targets N45trn VAT revenue by 2026

Federal Government has projected ambitious plans to increase revenue accruing from Value Added Tax (VAT)

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November 6, 2023 7:01 am
Market News

Dollar wobbles, remains vulnerable after Fed steer

Major global currencies were steady on Monday with investors preparing for the U.S. dollar to

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November 6, 2023 6:44 am
Market News

Asia shares cheered by hopes of early rate cuts

Asian shares rallied for a fourth straight session on Monday after markets priced in earlier

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November 6, 2023 6:41 am
Market News

JP Morgan urges FG, CBN on flexibility in exchange rate mgt

Following recent positive sentiments around Nigeria’s local currency, U.S multinational financial services firm, J.P Morgan,

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November 3, 2023 7:20 am
Market News

BII, AFEX Seal $26.5m Deal to Tackle Food Shortages in Nigeria, Others

British International Investment (BII) has disclosed that it is committing $26.5 million to AFEX as

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November 3, 2023 7:17 am
Market News

CBN Moves to Restore Investor Confidence, Begins Clearance of FX Forward Backlogs

The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward

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November 3, 2023 7:12 am
Market News

Dollar slips as traders bet Fed done with rate hikes

The dollar eased on Friday and was on course for a weekly decline against a

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November 3, 2023 6:56 am
Market News

Asia shares, bonds rally as Powell feeds hopes of end to rate hikes

Asian shares and bonds extended a global rally on Thursday as a non-committal Federal Reserve

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November 3, 2023 6:53 am
Market News

FG eyes $2bn investment from CNG conversion centre

The Federal Government through the Presidential Compressed Natural Gas Initiative Steering Committee has said the

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November 2, 2023 7:50 am
Market News

Tinubu seeks Senate’s approval for fresh $7.8bn, €100m loans

Barely 24 hours after seeking approval of the N2.18tn supplementary budget, PresidentBola Tinubu has approached

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November 2, 2023 7:47 am
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