Browsing: Business
The International Finance Corporation (IFC) says it would immediately send a mission to Nigeria to explore scalable investment structures that could unlock private capital into the sector.
Nigeria’s Yields slipped in the secondary market for government short- and long-term borrowing instruments as investors circled around naira assets ahead of the release of inflation data.
Oando Plc announced that its upstream Joint Venture (JV) with NNPC E&P Limited (NEPL), the NEPL/Oando JV, has enabled the delivery of a 60-megawatt (MW) Independent Power Plant (IPP) in Yenagoa, Bayelsa State.
Tosin Eniolorunda, ALX Host Masterclass for Women Entrepreneurs Tosin Eniolorunda, Group CEO of Moniepoint Inc., has delivered on a commitment…
The International Monetary Fund (IMF) has endorsed Nigeria’s ongoing bank recapitalisation drive. It said that stronger capital buffers are cushioning the financial system against external shocks and strengthening resilience amid intensifying global uncertainties.
The Nigerian local currency, the naira, gained against the US dollar at the official foreign exchange market amid a surge in FX liquidity.
CBN Approves N2.2trn OMO Bills Allotment to Investors The Central Bank of Nigeria (CBN) raised N2.2 trillion from OMO bill…
Nigerian Exchange Opens Negative, Investors Lose N275bn The equity segment of the Nigerian Exchange (NGX) opened the week on a…
Stock Market: Profit-Taking, Liquidity Rotation, Oil Risk Define Nigeria’s Week Ahead As the Nigerian financial markets transition from the final…
MTN Nigeria Plc lost 6.46% of its market value, equivalent to N1.028 trillion, amid large-scale selloffs on the Nigerian stock market. The telco company’s market value plunged as investors dumped shares on the Nigerian Exchange, according to trading data tracked by MarketForces Africa.