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Market News

Dollar rises as hawkish c.banks cast shadow over growth outlook; dent risk sentiment

The dollar drew support from a bout of risk aversion on Friday as hawkish comments

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June 23, 2023 7:32 am
Market News

Paris Summit: Subsidy removal, FX policy needed for survival, says Tinubu

President Bola Tinubu, on Thursday, in France, said Nigeria is ready to do business and

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June 23, 2023 6:51 am
Market News

DMO worries over low revenue as Nigeria’s debt nears N81tn

Nigeria’s total public debt may hit N81.64tn this year, according to findings by The PUNCH.

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June 23, 2023 6:38 am
Market News

FG, states, LGAs share N786bn May revenue

The Federation Account Allocation Committee says it shared N786.16bn among the three tiers of government

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June 23, 2023 6:34 am
Market News

Banks send emails to customers ‘no more forex at CBN rates’

Commercial banks in Nigeria have sent out messages to their customers updating them on changes

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June 22, 2023 7:42 am
Market News

DMO sold treasury bills valued at N324.43 billion in May- Report

The Debt Management Office (DMO) sold Treasury Bills (T.bills) valued at N324.43 billion across its

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June 22, 2023 7:39 am
Market News

Eko Rice enters market, sells for N33,000

The Eko Rice also made history as the first of such commodity to be listed

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June 22, 2023 7:36 am
Market News

Asia stocks ease after Powell testimony; spotlight on BoE

Asian shares edged lower on Thursday after Federal Reserve Chair Jerome Powell stuck to his

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June 22, 2023 7:20 am
Market News

Oil eases on uncertain demand, market eyes US inventory data

Oil futures dipped on Thursday amid demand fears after the Federal Reserve chairman hinted at

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June 22, 2023 7:16 am
Market News

Dollar firm ahead of Powell testimony, sterling up on hot inflation

The dollar was firmer on Wednesday leading in to Federal Reserve Chair Jerome Powell’s appearance

Read More »
June 21, 2023 7:09 am
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