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Market News

Oil falls as Israel embargo concerns fade, Venezuela sanctions to ease

Oil prices fell on Thursday, reversing gains in the previous session, after OPEC showed no

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October 19, 2023 7:17 am
Market News

Asian stocks slip as bonds sell-off, Middle East tension weigh

Asian shares slid on Thursday as risk aversion prevailed due to mounting worries over Middle

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October 19, 2023 7:12 am
Market News

Nigeria signs deal with Afreximbank to fund $200m LNG project

NIGERIA and African Export Import Bank, Afreximbank, yesterday, signed an agreement targeted at funding the

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October 19, 2023 7:10 am
Market News

FG’s Subsidy on Electricity Returns, Now N135bn in Q2

The federal government’s subsidy in the power sector hit N135.2 billion in the second quarter

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October 18, 2023 7:59 am
Market News

CBN to penalize banks with cheque processing errors from Nov 1st

The Central Bank of Nigeria, CBN, said it will commence penalizing Deposit Money Banks, DMBs,

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October 18, 2023 7:45 am
Market News

Inflation may deter investors from rights issue as six firms raise N22b

As the wind of rights issue blows through the capital market with six listed firms

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October 18, 2023 7:39 am
Market News

Oil jumps 2% as hospital blast increases Middle East tensions

Oil prices surged on Wednesday as tension escalated in the Middle East after hundreds were

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October 18, 2023 7:28 am
Market News

Dollar stalls as China data surprises

Asian currencies caught a boost from better-than-expected Chinese economic data on Wednesday, driving the yuan

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October 18, 2023 7:21 am
Market News

Credit rating agencies, others will boost infrastructure funding – SEC

THE Securities and Exchange Commission and other stakeholders in the capital market have said that

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October 17, 2023 7:39 am
Market News

Asia stocks rise on earnings hopes; keep wary eye on Mideast tensions

Asian stocks made some cautious gains on Tuesday, with investors choosing to focus on corporate

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October 17, 2023 7:35 am
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