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Market News

FG may raise $17bn from oil assets sale – JP Morgan

The Federal Government is expected to make up to $17bn if it sells down its

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August 22, 2023 7:24 am
Market News

CBN expresses concern over e-fraudsters’ sophistication

The sophistication of e-fraudsters has become a major concern to the Central Bank of Nigeria

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August 22, 2023 7:24 am
Market News

Stakeholders Canvass 20% Tax On Sugar-sweetened Beverages

Stakeholders have urged the federal government to increase taxation on sugar-sweetened beverages (SSBs) towards achieving

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August 22, 2023 7:08 am
Market News

Dollar eases before Jackson Hole, yen rises amid intervention jitters

The U.S. dollar eased back from a 10-week peak versus major peers on Tuesday, even

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August 22, 2023 7:00 am
Market News

Oil dips on possible easing of tight supply, China woes hurt demand outlook

Oil edged lower on Tuesday as the market waited to see if Iraqi oil exports

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August 22, 2023 6:43 am
Market News

Daily petrol consumption drops to 52m litres, says FG

Average daily consumption of premium motor spirit (petrol) in Nigeria has dropped from 64,964,000 per

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August 21, 2023 8:31 am
Article

CBN Brings Back BDC, Introduces New Operational Mechanism

In a significant shift that marks the re-entry of Bureaus de Change (BDCs) into the

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August 21, 2023 8:06 am
Local News

MTN Nigeria swaps cash dividends for N149b shares

Nigeria’s leading telecommunications company, MTN Nigeria Communication (MTN Nigeria) Plc has allotted 641.05 million ordinary

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August 21, 2023 7:12 am
Market News

Dollar steady as China disappoints, traders eye Jackson Hole meeting

The dollar was firm through Asia trade on Monday, following five straight weeks of gains,

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August 21, 2023 6:49 am
Market News

Asia stocks slip as China stays stingy on stimulus

Asian stocks stumbled on Monday after China delivered a smaller cut to lending rates than

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August 21, 2023 6:45 am
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