Year: 2024

Nigeria’s Inflation Rate Accelerates Faster to 33.88% Inflation rate accelerated faster in October to 33.88%, according to consumer price index…

The equities market trading activities trending positively during intraday session on Nigerian Exchange (NGX) platform. With the strong buying side, there is hope the local bourse would reverse downward trend.

Nigeria Eurobond Yields Steady ahead of External Borrowing The average yield on Nigeria’s Eurobond remained steady as foreign investors and…

Nigerian Bond Trading on Hold Ahead of Inflation Data The average yield on Nigerian government bond was steadied in the…

To bolster liquidity levels in the autonomous foreign exchange market, the Central Bank of Nigeria (CBN) sold $84 million to authorised dealer banks at the FX auction conducted yesterday.

Crude oil prices declined in the global commodities market over supply glut concern, in line with the World Bank’s latest prediction.  In the global market, crude oil prices dropped during early hours as International Energy Agency (IEA) reported a rise in global oil production

CBN Did Not Recommend Naira Redesign to Ex-President Buhari – Witness A former deputy governor of the Central Bank of…

Africa’s Global Bank, United Bank for Africa (UBA) Plc, will raise N239.4 billion through a Rights Issue of 6,839,884,274 ordinary shares of 50 kobo each at N35.00 per share.

The Securities and Exchange Commission (SEC) says the Investments and Securities Bill (ISB) 2024 has proposed a penalty of N20 million or 10 years imprisonment or both for Ponzi scheme operators.

2025 BUDGET: The Federal Executive Council (FEC) has proposed the sum of N47.9 trillion for the 2025 fiscal year for submission to the National Assembly on Monday.