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Market News

CBN Faults JP Morgan’s $3.7bn Estimate of Nigeria’s Net Reserves, Says No Cause for Alarm

The Central Bank of Nigeria (CBN), yesterday, said the recent estimate of the bank’s financial

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August 24, 2023 7:34 am
Market News

Update your meters now, NERC tells power consumers

The Nigerian Electricity Regulatory Commission has advised power users across the country to start updating

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August 24, 2023 7:18 am
Market News

Oil down on weak economic data, US Fed chief’s speech in spotlight

Oil prices eased on Thursday amid disappointing economic data from key economies and as investors

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August 24, 2023 7:12 am
Market News

Experts hail NGX’s proposed dollar asset listings for firms within free zones

Experts, yesterday, lauded the Nigerian Exchange Limited (NGX)’s proposed dollar asset listings for firms within

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August 24, 2023 7:11 am
Market News

Asian stocks track Wall Street’s Nvidia-led rally

Asian shares rallied on Thursday after blockbuster results from tech darling Nvidia (NVDA.O) boosted Wall

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August 24, 2023 7:08 am
Market News

FG, states, LGs share N966bn July revenue 

The Federation Account Allocation Committee says it shared N966.11bn among the three tiers of government

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August 23, 2023 7:14 am
Market News

Asian shares sit tight ahead of Nvidia results, yields near highs

Asian markets were marking time on Wednesday as investors awaited results from tech darling Nvidia

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August 23, 2023 7:11 am
Market News

Lending, savings rates widened by 22.14% in July 

The gap between the maximum lending rate and savings deposit rate in the banking sector

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August 23, 2023 7:08 am
Market News

Currency in Circulation Declined by N7.51bn to N2.6tn in July 

Money and credit data released by the Central Bank of Nigeria (CBN) for the month

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August 23, 2023 7:03 am
Market News

Oil ticks up as markets weigh rate hikes, China gloom

Oil prices ticked up in Asian trade on Wednesday, as traders weighed weak demand indicators

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August 23, 2023 7:02 am
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