Chinese Yuan Weakens to 7.1708 Against Dollar The Central Parity rate of the Chinese currency, Renminbi, or the Yuan, weakened…

Oil Prices Decline Amidst Lower U.S Inventories Draw Oil prices fell following reports indicating an increase in US oil inventories…

IAS 29: Nigeria Not Hyperinflation Economy – Financial Reporting Council The Financial Reporting Council of Nigeria (FRC) says Nigeria is…

NAHCO Signs Handling Contracts with Afrijet, Air Sierra Leone The Nigerian Aviation Handling Company (NAHCO) has been chosen by two…

Nigerian Bonds Yield Increased to 20.74% on Selloffs The average yield on Nigerian government bonds surged further to 20.74% in…

Interest Rate on Nigerian Treasury Bills Drops to 21.80% The discount rate on 364-day Nigerian Treasury bills fell further at…

Interbank Rates Fall as FAAC Credit Eased Liquidity Pressure Interbank rates fall as money market pressures eased on the back…

Despite six consecutive FX sales to banks totalling $364 million, the naira slumped further in the official market

Banking Index Surges as Access Holdings, GTCO Rally The Nigerian Exchange (NGX) banking index advanced due to increased demand for…

MTN Nigeria Retreats amidst Tariff Hike Euphoria, Licence Renewal MTN Nigeria Plc market value bumped over sell pressures in the…