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Market News

Inflation rose to 34.8% in December 2024 –NBS

The National Bureau of Statistics (NBS) has revealed that Nigeria’s inflation rate climbed to 34.8%

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January 16, 2025 6:51 am
Market News

Yen rises on BOJ talk; dollar rally pauses ahead of US inflation test

The dollar’s towering rally hit a speed bump on Wednesday as traders turned cautious ahead

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January 15, 2025 8:23 am
Market News

Oil inches up, but uncertainty over sanctions impact caps gains

Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned

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January 15, 2025 7:11 am
Market News

CBN fines 9 banks N1.35bn for failing to dispense cash via ATMs

The Central Bank of Nigeria (CBN) yesterday said it has fined nine banks N1.35 billion

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January 15, 2025 7:06 am
Market News

Uncertainty over inflation data as NBS website hack lingers

The National Bureau of Statistics, Nigeria’s key agency for data dissemination, is still reeling from

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January 15, 2025 7:04 am
Market News

Fed Govt recorded N66.34tr trade surplus in 2024

The Nigeria Customs Service (NCS) yesterday said the country recorded N66.34trillion trade surplus last year.

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January 15, 2025 7:00 am
Market News

FG announces two savings bonds

Nigeria’s government is offering two new Savings Bonds through its Debt Management Office. The first

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January 14, 2025 7:28 am
Market News

Hope rises for improved revenue as oil price hits $80.86/bbl

The Federal Government is on the verge of witnessing positive growth in its 2025 revenue

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January 14, 2025 7:15 am
Market News

Oil shipping rates surge after US sanctions tighten global fleet

Supertanker freight rates jumped after the U.S. expanded sanctions on Russian oil trade and sent

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January 14, 2025 6:59 am
Market News

Dollar drifts near 2-year high as rate-cut bets fade, eyes on tariffs

The dollar hovered near its highest level in more than two years on Tuesday as

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January 14, 2025 6:55 am
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