Year: 2024

FG Seeks Financial Support for SAPZ-2 The Federal Government has called on international development partners to co-finance phase two of…

The global crypto market capitalisation rose near $3.4 trillion, representing a 1.98% increase over the last day. The push-up is supported by renewed demand for Bitcoin, the world’s largest crypto asset by price, and market valuation.

The Nigerian Exchange (NGX) is trading negative due to sell pressure in Seplat Energy and Access Bank Plc, among others.

China, Nigeria to Partner on Renewable Energy, Smart City Mr Fang Qiuchen, Chairman of China lnternational Contractors Association (CHINCA) has…

Yuan Strengthens 7.1877 Against Dollar The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 17 pips…

The average yield on Nigerian Eurobonds decreased slightly following a moderate buying interest by offshore investors in the market. The yield contracted as foreign portfolio investors increased their position amidst uncertainties in the Nigerian economy.

The prices of crude oil in the global commodities market increased on Friday as the US dollar weakened amidst a ceasefire

FG to Regulate, Licence Space Sector Chief Uche Nnaji, Minister of Innovation, Science and Technology, has said the Federal Government…

Local investors in the Nigerian bond market scaled back as portfolio rebalancing efforts persisted. Investors trimmed their positions or holdings in FGN bonds in the secondary market. Notably, sell-side action transactions outpaced moderate buying experience.

CBN Sells US Dollar at Higher Rates to Nigerian Banks The Central Bank of Nigeria (CBN) sold additional US dollars…