The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, says Nigeria’s economy has stabilised.
Nigeria’s gross external reserves topped $53 billion, driven by sustained FX inflows from sources
OMO Bills Reopening Drives Funds Away from Nigerian Stocks One of the more consequential policy shifts in Nigeria’s financial markets…
About 40 vehicle assembly plants now operational in Nigeria – NADDC The National Automotive Design and Development Council (NADDC) says…
NPA Says 21 Ships to Berth at 3 Lagos Ports The Nigerian Ports Authority (NPA) says 21 ships laden with…
The Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele
Nigeria’s headline inflation rate is projected to decrease in July, influenced by fluctuating global oil prices
SEC Sets 5 p.m. T+1 Settlement Deadline The Securities and Exchange Commission (SEC) has fixed 5:00 p.m. on the first…
CIBN Urges Banks to Deploy Recapitalised Funds to MSMEs The Chartered Institute of Bankers of Nigeria (CIBN) has urged banks…
OMO Bills Reopening Drives Funds Away from Nigerian Stocks One of the…
With expectations of robust demand over the one-year tenor, the Central Bank of Nigeria
Equities investors gained about N306 billion as the Nigerian stock market rebounded after two weeks…
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Alternative investment market
Bitcoin (BTC) price is up by about 3% to $80.3k on Thursday, slightly trailing the broader market’s
SK Hynix Tokenised bStocks price inched up 2.01% to $163.65 on Thursday …
XRP price inched up 2.52% to $1.44, closely tracking Bitcoin’s +2.32%…
Ethereum extended its rally to Thursday, up by 1.08% to $2,488.71, outperforming a slightly
Companies
FirstHoldco Plc declined by about 7.2% as equity investors booked profits amid the group chairman, Femi Otedola’s, latest share accumulation.
INSIDE AFRICA
Guinea-Bissau to Vote on Constitution Expanding Presidential Powers Guinea-Bissau will hold a constitutional referendum on Aug. 30 on proposed reforms that would expand presidential powers and…
Editor's Picks
The naira strengthened at the official window, closing at N1338 per dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, supported by robust forex liquidity.
Foreign
Slovakia Moves to Ban Social Media for Children Under 16 The Slovak…
Featured Business
Scott Bessent’s three coordinated moves signal Washington is worried about something bigger than yields
Nigeria’s fixed-income market is entering a phase in which investors are becoming less interested
INSURANCE
Three insurance equities accounted for 4.168 billion shares valued at N9.249 billion in 1,660 deals
