Year: 2024

Investors, bondholders refused to give up Federal Government of Nigeria (FGN) bond buying in the secondary market after disinflation raised real return on naira assets.

Interbank rates crossed the 31% benchmark as the liquidity level in the financial system remains in negative territory.  Due to a weak funding profile in the financial system, money market rates have remained elevated.

US Federal Reserve slashed fed fund rates by 50 basis points (bps) as hawkish monetary policy has now expired. In a statement, the Fed said recent indicators suggest that economic activity has continued to expand at a solid pace.

Equities investors trading highs and lows on the Nigerian Exchange (NGX) platform gained more than N316 billion due to positive price appreciation is some bellwethers on Wednesday.

The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in line with the Tax

The naira soared by more than 7% to N1,539.65 against US dollar in the official foreign exchange (FX) market on the influence of the Central Bank of Nigeria’s (CBN) move to reset exchange rate direction.

The Economic and Financial Crimes Commission (EFCC) says former governor of Kogi, Alhaji Yahaya Bello, is not in its custody.

The Federal Government, through the Infrastructure Concession Regulatory Commission(ICRC) is an audit of all Public Private Partnership(PPP)

The Coordinator, National Cyber security Coordination Centre (NCCC), Ahmad Abubakar, says Integrating Artificial Intelligence (AI) in the country’s

PayRetailers, the leading payment processor for Latin America, has today announced further expansion into African market, according to a statement.