Year: 2023

The average yield on Nigerian government bonds climbed to 15.74% on Tuesday amidst high inflation rate expectations. The secondary market witnessed selloffs across tenors with investors showing particular interest in very long-dated borrowing instruments.

President Bola Tinubu has assured Nigerians that the Federal Government would reverse the worrisome trend in the economy.

Nigeria’s inflation rate ran to 27.33% in October 2023, the statistics office said in its monthly consumer price index report. Again, the increased consumer pressure was driven by a surge in food inflation.

The African Export-Import Bank (Afreximbank) says it is set to inaugurate the African Energy Bank in June 2024 to mitigate the crisis in the African energy sector.

The Nigeria Customs Service, Seme Area Command, Lagos State, said on Tuesday that it generated a total sum of N3.05 billion in 10 months.

Gov. Umar Namadi of Jigawa on Tuesday presented N298.14 billion estimates for the 2024 fiscal year to the Jigawa State House of Assembly.

Marking a significant milestone in the African cryptocurrency industry, Yellow Card has become the first fintech on the continent to launch PayPal USD (PYUSD).

The Nigerian naira struggled to keep value across the foreign exchange markets on Tuesday amidst a steep…

The equities segment of the Nigerian Exchange (NGX) rebounded with about N146 billion gain ….

Cordros US dollar fund year-to-date return cleared at 6.22% in October 2023. The US dollar asset underperformed by 0.16% month on month, though ahead of the coupon benchmark of 6.13%.