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Market News

Oil steady as supply concerns offset US ratings downgrade

Oil prices were little changed on Thursday after a two-day decline, including a sharp drop

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August 3, 2023 6:42 am
Market News

Asian shares stumble as US yields advance, dollar buoyant

Asian shares stumbled on Thursday as U.S. bonds yields hit nine-month peaks and pushed the

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August 3, 2023 6:36 am
Market News

NCC, BPSR to embark on digitisation of govt processes

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta and the

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August 2, 2023 7:40 am
Market News

Direct interventions in power sector hit N7tn – FG

The Federal Government, on Tuesday, said it had spent about N7tn as direct interventions in

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August 2, 2023 6:59 am
Market News

Dollar wobbles after US credit rating downgrade

The dollar struggled to make headway on Wednesday after a cut on the U.S. government’s

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August 2, 2023 6:53 am
Market News

SEC, partners to raise capital for non-oil sector

THE Securities and Exchange Commission and the Federal Ministry of Mines and Steel Development, as

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August 2, 2023 6:52 am
Market News

Oil prices rise 1% as US inventory data reflect robust demand

Oil prices surged by almost 1% on Wednesday, trading near their highest since April, as

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August 2, 2023 6:52 am
Local News

FG raised N16.48tn fresh debt in five years

The Federal Government piled up at least N16.48tn new borrowings between 2018 and 2022, the

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August 2, 2023 6:49 am
Market News

External reserves shed $167.2m as naira slumps further

The country’s external reserves lost $167.2m in July, as the naira fell further to the

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August 1, 2023 7:07 am
Market News

N4.7bn capital injection into FBNH ’ll boost banking sector –Shareholders

The acquisition of 15.1 per cent equity stake and its attendant injection of N4.7 billion

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August 1, 2023 6:58 am
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