Monthly Archives: August, 2023
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FG Seeks to Boost Economy with Steel Production
The Federal Government is set to revamp the nation’s steel sector to enhance the economy
Nigeria Bonds Value Decline, Yield Rises to 14.1%
The average yield on the Federal Government of Nigeria (FGN) bonds instrument settled at 14.1% midweek
Stock Market Value Declines as Banking Index Dip
The Nigerian stock market value declined by about N28 billion midweek as selloffs in Tier-1 Banks
Naira Reclaims 5% as Banks Release Update on FX Sales
The Nigerian local currency, the naira, reversed losses it sustained in August as the apex bank price verification opens
Oil Jumps Over Big Drawdown in U.S. Inventories
The global oil market rallied midweek over a massive drawdown in US crude inventories and tighter supply from producers.
