Year: 2024

The prices of crude oil fell on Tuesday over demand concerns amidst expectation of surplus supply in the global commodities market.  Brent to $72.65 per barrel at the last look, while the US benchmark West Texas Intermediate also decreased to $68.69 per barrel.

Mega Financial Fraud Impossible Without Lawyers’ Support — EFCC The Chairman, Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede,…

The G20 on Tuesday launched the Global Alliance against Hunger and Poverty to support the implementation of country-led, country-owned programmes aiming at reducing hunger and poverty worldwide

Local investors increased their bets on Nigerian Treasury bills in the secondary market ahead of the Central Bank of Nigeria’s primary market auction schedule to hold on Wednesday.

The average yield on Nigeria’s sovereign Eurobonds yield has expanded near 10% base in the international market as inflation propelled riskoff sentiment triggered selloffs.

Reps Seek Intervention for Federal Mortgage Bank of Nigeria House Committee on Housing and Habitat has called for urgent intervention…

The Debt Management Office (DMO) sold reopened FGN bonds at higher marginal rates amidst an accelerating headline inflation rate, according to details from its monthly primary market auction.

CBN Warns Against Fraudulent Contracts, Project Funding Claims The Central Bank of Nigeria (CBN) has issued a warning regarding fraudsters…

Interbank Rates Decline on Strong Liquidity Balance Interbank bank rates continue its downward trend in the money market on sufficient…

The naira depreciated sharply at the Nigerian autonomous foreign exchange market (NAFEM) due to a deepening FX liquidity shortage and higher spot rate pricing.