Year: 2024

Yuan Weakens to 7.1996 Against Dollar The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 131…

Market cap of all cryptos increased to about $3.5 trillion during early house on Tuesday due to buying interest in lightweights.

Oil Prices Climb Ahead of U.S. Fed Rates Cut Oil prices climbed in the global commodities market on Tuesday amidst…

The Economic and Financial Crimes Commission (EFCC), has achieved its largest single asset recovery

Enugu, Austrian Firm Sign $100m Infrastructure Deal The Enugu State Government and Austrian firm WANDE NEXUS signed a $100 million…

Nigeria returned to the Eurobonds market with a total subscription in excess of $9 billion, according to the Debt Management Office (DMO), against a $2.2 billion allotment.

Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows.

The average yield on Nigerian Treasury bills declined by five or 5 basis points (bps) in the secondary market to 25.2%, traders said in separate notes.

Unilever Nigeria Names Tobi Adeniyi Managing Director Fast-moving consumer goods company Unilever Nigeria Plc has appointed Tobi Adeniyi as the…

Nigeria Seeks South Africa’s backing for G20, BRICS Membership The Nigerian government is seeking South Africa’s backing to attain full…