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Market News

Q3 2023: UBA records 115% growth in gross earnings as PBT rises to N502.1bn

Consolidating on its recently released second-quarter performance, United Bank for Africa (UBA) Plc, has again

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October 31, 2023 7:32 am
Market News

FG approves N2.2tn supplementary budget

The Federal Government on Monday approved a N2.18tn supplementary budget for the 2023 fiscal year.

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October 31, 2023 7:27 am
Market News

FG Targets N750 To Dollar By December

The Chair of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has

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October 31, 2023 7:22 am
Market News

Net foreign exchange inflow falls 54% to $7.29bn in H1’23

Net foreign exchange (FX) inflow into the economy fell sharply by 54 per cent, year-on-year,

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October 30, 2023 7:09 am
Market News

AFREXIM, Fidelity Bank, JohnVents seal $40m cocoa export deal

Fidelity Bank, African Export-Import Bank and agribusiness firm, JohnVents Industries have signed a $40m cocoa

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October 30, 2023 7:04 am
Market News

Chinese loan rises by $800m in one year, hits $4.73bn

Nigeria’s debt to China increased from $3.93bn as of June 30, 2022, to $4.73bn as

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October 30, 2023 7:02 am
Market News

Oil down 1% ahead of U.S., China data

Oil prices slipped more than 1% on Monday as investors adopted caution ahead of a

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October 30, 2023 7:02 am
Market News

Dollar holds near 150 yen ahead of busy c.bank, data-packed week

The dollar held steady in cautious trade on Monday and pinned the yen near 150

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October 30, 2023 6:55 am
Market News

FG, Chinese consortium sign $463m power development deal

The Federal Government has signed a $463m power distribution lines upgrade contract with a Chinese

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October 27, 2023 7:23 am
Market News

Asian shares track US futures higher, bonds hold gains

Asian shares tracked Wall Street futures higher on Friday as Amazon provided some welcome earnings

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October 27, 2023 7:22 am
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