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Market News

Oil rises on potential U.S. rate hike pause, debt bill passing

Oil prices rose on Thursday, reversing earlier losses, as a potential pause in U.S. interest

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June 1, 2023 7:12 am
Market News

Saudi Arabia may cut Arab Light crude prices for Asia to 20-month low

Top oil exporter Saudi Arabia may further slash the official selling prices (OSPs) for all

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May 31, 2023 7:24 am
Market News

Asia stocks, yuan slump as data dashes China hopes

China’s yuan hit a six-month low and Asia’s stockmarkets staggered toward a second month of

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May 31, 2023 7:21 am
Market News

Emefiele: Single Digit Credit No Longer Feasible as CBN Facilities Reached N8tn in 5 Years

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has said the

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May 31, 2023 6:37 am
Market News

N11tn spent on moribund refineries in 13 years – Reps

The House of Representatives Ad Hoc Committee on the State of Refineries in the Country

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May 31, 2023 6:34 am
Market News

States very weak in debt management, financial transparency –CBN

The Central Bank of Nigeria (CBN), on Tuesday, said strategic efforts must be made to

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May 31, 2023 6:23 am
Market News

Revocation: NAMB begins recapitalisation appraisal of MFBs

Apparently disturbed by the revocation of 179 Microfinance Banks’ licences by the monetary authorities early

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May 30, 2023 8:09 am
Market News

16 states shackled by N2.9trn debts as new governors take office

As the nation celebrated democratic transition yesterday,16 states, and their new chief executives, have N2.9

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May 30, 2023 8:00 am
Market News

Demand for investors’ protection deepens as companies exit NGX

As more companies move to delist from the capital market, stakeholders have called for improved

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May 30, 2023 7:56 am
Market News

Dollar drifts as traders weigh rocky path for US debt ceiling deal

The U.S. dollar eased on Tuesday against a basket of major currencies but did not

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May 30, 2023 6:23 am
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