Year: 2024

Oil prices recover from downturn in the global commodities market on Wednesday as demand and supply uncertainties linger ahead inflation data in the United States.

Benchmark Yield on Nigerian Bonds Dips as Demand Rises The average yield on Nigerian government bonds slid marginally in the…

The average yield on Nigerian Treasury bills dipped slightly in the secondary market due to increased demand for naira assets, restricted by tight liquidity which capped trading actions.

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Federal Government of Nigeria (FG) will soon begin payment of pension backlog.

Money market rates climbed strongly, trending at double digits highs, on the back of sustained liquidity squeeze in the banking system.  The market opened the week with more than N60 billion deficit in the absence of significant inflows to boost liqudity condition in the financial market.

The naira depreciated further against the dominant US dollar at the Nigerian autonomous foreign exchange (FX) market, settling near N1690 per greenback on Tuesday.

Telecommunications giant, MTN Nigeria, has enlightened some Ministries, Departments and Agencies (MDAs) of government on benefits of digital advertising, its numerous possibilities for businesses within the public sector.

The Nigerian Exchange (NGX) lost about N69 billion from its opening market capitalisation after selloffs festival

Cordros Upgrades Unilever Nigeria Target Price to N22.49 Equities analysts at Cordros Securities Limited have upgraded year-end target price for…

Post election trading pattern saw the US dollar strengthening against its major trading partners in the forex markets early Tuesday ahead of the release of consumer sentiment reading, the first for November, and New York Federal Reserve’s inflation expectations report for October.